Executive Order Bans Certain Tech Investments in China


This week, President Joe Biden issued a new executive order banning investment in certain Chinese sectors due to national security concerns. The executive order creates two categories: investments that will be prohibited; and investments that will require notification. According to this report by Axios, the administration seeks to restrict the transfer of U.S.-based expertise to China’s semiconductor, artificial intelligence, and quantum computing sectors. 8/10/2023