White House in August may limit technology investments in China

This is reported by Bloomberg.

According to journalists, by mid-August, US President Joe Biden may sign a decree restricting critical American technological investments in China.

This decree will primarily affect transactions in semiconductors, artificial intelligence and quantum computing.

If the executive order is signed, it will not go into effect until next year. The scope of the restrictions is also unknown at this time.

This situation could further complicate US-China relations.