See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

White House Refining Executive Order Banning American Companies From Investing In Key Chinese Sectors

Posted on AllSides February 9th, 2023
From The Right
Nathan Posner/Anadolu Agency via Getty Images

President Joe Biden is poised to sign an executive order that would prohibit American companies from investing in Chinese firms involved with developing sensitive technologies.

The nation’s leadership has grown increasingly concerned over Chinese aggression after a spy balloon traversed the country last week. The White House has largely finished preparations for an executive order that would ban American funds from enabling the development of Chinese advanced semiconductors, quantum computing, artificial intelligence, and other technologies with surveillance and military applications, according to a report from The New York Times.

Read full story
Some content from this outlet may be limited or behind a paywall.

AllSides Picks

More News about China from the Left, Center and Right

From the Left

From the Center

From the Right