PALO ALTO, U.S./NEW YORK -- U.S. President Joe Biden signed an executive order Wednesday that restricts certain American investments in mainland China, Hong Kong and Macao in high-tech sectors such as artificial intelligence, semiconductors and quantum technology.
US-China tensions
Biden bans some U.S. tech investments in mainland China, Hong Kong
Beijing criticizes restrictions covering AI, advanced chips and quantum technology
U.S. President Joe Biden's new executive order warns that advances in sensitive technologies by countries of concern pose "an unusual and extraordinary threat" to national security. © Reuters
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