Explainer: US starts process to restrict some investment in key tech in China

News Snapshot:

A central processing unit (CPU) semiconductor chip is displayed among flags of China and U.S., in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo Aug 9 (Reuters) - The White House on Wednesday moved to start prohibiting some U.S. investments in certain sensitive technologies in China, and requiring government notification of other investments, but said it would take time before the moves take effect. President Joe Biden on Wednesday signed an executive order directing the U.S. Treasury Department to regulate certain U.S. investments in semiconductors and microelectronics, quantum computing and artificial intelligence. Following are some key details: 'COUNTRIES...