Biden to curb U.S. investment in Chinese tech sectors - eviltoast

In an executive order expected to be released Wednesday, American companies will be subject to unprecedented new federal oversight that will scrutinize – and potentially prevent – some of their investments in China’s tech industry. The goal is to ensure that U.S. cash does not support China’s military modernization and potentially threaten the United States.

  • queermunist she/her@lemmy.ml
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    1 year ago

    I think I’ve been pretty clear - American allies are not your allies, and by extension, American enemies are not your enemies. America has it’s own interests that don’t necessarily align with yours.