© Reuters. FILE PHOTO: U.S. President Joe Biden delivers remarks to the Truman Civil Rights Symposium on the 75th anniversary of the racial desegregation of the U.S. military, at the National Archives Museum in Washington, U.S. July 27, 2023. REUTERS/Jonathan Ernst
(Reuters) – U.S. President Joe Biden is planning to sign an executive order to limit critical U.S. technology investments in China by mid-August, Bloomberg news reported on Friday, citing people familiar with the internal deliberations.
The order would focus on semiconductors, artificial intelligence and quantum computing, Bloomberg reported, adding that it would not affect any existing investments and would only prohibit certain transactions.
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