Biden considering executive order that could limit TikTok data collection, outbound China investment


Source: marketwatch.com marketwatch.com

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President Joe Biden is considering a number of executive actions that could limit Americans’ ability to invest in China and restrict Chinese companies’ data-collection practices. News reports published over the weekend of the deliberations say the president is considering a range of options aimed at limiting China’s ability to compete with U.S. companies in sectors that pose national security concerns. “There are multiple options said to be under consideration, ranging from creating new disclosures to establishing a system that would give the government the ability to block investments,” wrote Owen Tedford, senior research analyst at Beacon Policy Advisors, in a...