Friday, 24 March, 2023

Biden considers curbing US technology investment in China

<p>The Biden administration is exploring measures that would limit US investment in Chinese technology companies amid rising tensions between the US and China. President Joe Biden will probably issue an executive order to implement the investment restraints in the upcoming months. Although no action is imminent, a separate lawsuit against TikTok is a possibility. Additional limitations on chips used for AI computation may be imposed by the Commerce Department.</p>