Biden issues an executive order restricting US investments in Chinese technology
President Joe Biden signed an executive order Wednesday to block and regulate high-tech US-based investments going toward China - a move the administration said was targeted but it also reflected an intensifying competition between the world's two biggest powers.
After Netanyahu rejected Biden’s peace plan with Hezbollah, Lebanon launched over 80 rockets, hitting Israel’s "Samson" base and "Meron" airbase. The Iron Dome failed to stop many rockets, causing fires in "Beria" near Safad and surrounding areas. Tensions have escalated dramatically, with the world anxiously awaiting Netanyahu's upcoming UN speech on Gaza. The situation raises concerns about a potential broader conflict in the Middle East.
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Biden Signs Executive Order , Limiting Investments in Chinese Tech Industries.
The president signed the
executive order on Aug. 9.
Sectors that it targets include
"quantum computing, artificial..
Credit: Wibbitz Top Stories Duration: 01:31Published
China has been the major economic competitor to the United States for a while, especially with regards to the production of essential computer parts. Now, in an effort to slow Beijing’s ability to..
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