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China Slams Biden For "Blatant Economic Coersion And Bullying" After US Imposes Investment Limits

Joe Biden,Markets,China

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China Slams Biden For "Blatant Economic Coersion And Bullying" After US Imposes Investment Limits China lashed out at Joe Biden’s long-awaited executive order that limits U.S. investment in technology, but stopped short of issuing immediate counter measures. The Chinese commerce and foreign affairs ministries issued strong responses on Thursday, just hours after Biden signed an executive order to begin the process of restricting high-tech U.S.-based investments going toward China in the areas of artificial intelligence, quantum technology, and semiconductors and targeting “countries of concern” on the basis of national security....

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