Sunak weighs UK response to US curbs on hi-tech investments in China

News Snapshot:

Rishi Sunak is considering how to respond to a decision by the US president, Joe Biden, to prohibit some tech investments in China, as the government says it is continuing to assess national security risks. Biden signed an executive order on Wednesday that authorises the US treasury secretary to prohibit or restrict US investments in Chinese entities in three sectors: semiconductors and microelectronics; quantum information technologies; and certain artificial intelligence systems. The US government has said the measures are designed to address national security risks. China said on Thursday it was gravely concerned by the move. The Financial Times reported...