Joe Biden, President of the United States of America, has signed an executive order prohibiting certain US investments in sensitive technology in China.
The order also requires government notification of funding in other tech sectors.
In a letter to the US Congress, President Biden said he was declaring a national emergency to deal with the threat of advancement by countries like China in sensitive technologies and products critical to the military, intelligence, surveillance, or cyber-enabled capabilities.
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The Executive Order authorises the US treasury secretary to prohibit or restrict certain US investments in Chinese entities in three sectors.
They include semiconductors and microelectronics; quantum information technologies; and certain artificial intelligence systems.
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