The Digital Source For China's Tech Innovation Since 2000

Biden targets China as he touts manufacturing revival at home

August 10, 2023
Source: news.com.au news.com.au
News Snapshot:
President Joe Biden on Wednesday moved to restrict US investment in Chinese technology during a multi-state tour of the Southwest to tout his push to revive American manufacturing after decades of decline. The executive order directs the Treasury Department to restrict certain US investments in China in sensitive high-tech sectors including semiconductors, quantum computing and artificial intelligence (AI). The restrictions, which are expected to take effect next year, come as Biden's administration looks to bolster its position vis-a-vis China on a multitude of fronts: military, economic and technological. They also come as the 80-year-old Democrat revs up his pitch for...
Go To Original Source →
Tags: AI | Alibaba | America | artificial intelligence | Baidu | bankrupt | Biden | brand | ByteDance | China | Chinese | chips | clean energy | communications | Computing | Congress | development | Donald Trump | Economy | education | Elections | employee | energy | environment | Gadgets & Electronics

Other Related News:

Mitsubishi's former Chinese joint venture eyes RHD markets, could include Australia

May 12, 2025

India has only pressed the pause button on Pakistan. It needs serious behavioural change

May 12, 2025

Why are India and Pakistan fighting?

May 12, 2025

Local Chinese community members get behind-the-scenes look at Southlake

May 12, 2025

Scientists say this bismuth-powered chip is 40% faster than Intel’s best – are silicon processors officially finished?

May 12, 2025

Canada’s electric vehicle strategy has failed, and there are lessons to learn

May 12, 2025

SANJAYOVACHA | Wars Help Promote Sales for Military Industrial Complex

May 12, 2025

Behind the scenes with identical twins Paula and Bridgette Powers after carjacking interview

May 12, 2025

Australia's economy is a basket case again. Will Jim Chalmers take it on?

May 12, 2025
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2025 ChinaTechNews.com. A Service of Asia Media Network.
Twitter