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Biden’s China investment ban: who’s targeted and what does it mean for the 2024 US election?

August 10, 2023
Source: theguardian.com theguardian.com
News Snapshot:
Joe Biden has moved to restrict US investment in Chinese technology, signing an executive order which focuses on a few, sensitive hi-tech sectors including semiconductors, quantum computing and artificial intelligence (AI). It is the latest in a series of measures taken by the US to restrict China’s access to the most advanced technology and comes as the president has embarked on a multi-state tour of the south-west to tout his plans to revive American manufacturing after decades of decline. The restrictions are expected to take effect next year – and come at a sensitive time in the US-China relationship. The...
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