U.S. eyes investment curb in China
U.S. eyes investment curb in China
Transcript
00:00 President Joe Biden is expected to issue an executive order this week to screen American
00:04 investments from getting to China.
00:06 Especially capital infusion and expertise to prevent the second largest economy in the
00:11 world from hastening development of technologies to strengthen its military capabilities and
00:16 threaten US security.
00:18 This is expected to affect ventures in semiconductors, quantum computing and artificial intelligence.
00:24 Sources say the EO will not take effect immediately as stakeholders and allies have yet to be
00:29 CONSULTED.