Artificial Intelligence Biden China Export Exports Investment Janet Yellen Joint Venture military National Security private equity Technology United States Venture Capital White House
[1/2] The flags of the United States and China fly from a lamppost in the Chinatown neighborhood of Boston, Massachusetts, U.S., November 1, 2021. REUTERS/Brian Snyder/File Photo Aug 4 (Reuters) – President Joe Biden is expected to issue his long-awaited executive order to screen outbound investments in sensitive technologies to China early next week, according to people familiar with the matter. A White House spokesman declined to comment. The goal of the order is to prevent U.S. capital and expertise from accelerating the development of technologies that would support China’s military modernization and threaten U.S. national security. The order is…
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