Biden executive order restricting U.S. investment in Chinese high-tech was intended to prevent American capital and expertise from aiding China’s military modernization

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Biden executive order restricting U.S. investment in Chinese high-tech was intended to prevent American capital and expertise from aiding China’s military modernization

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The order is aimed at preventing American capital and expertise from helping develop technologies that could support China’s military modernization and undermine US national security.

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Biden signs an executive order restricting some U.S. investment in Chinese high-tech industries.