Biden executive order restricting U.S. investment in Chinese high-tech was aimed at addressing national security concerns

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Biden executive order restricting U.S. investment in Chinese high-tech was aimed at addressing national security concerns

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The executive order, first reported by The New York Times, declares a national emergency to address China’s ‘rapid advancement’ in technologies and products that are critical for the military, intelligence, surveillance, or cyber-enabled capabilities.

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