Biden plans new curbs on US firms investing in advanced Chinese tech: report

Biden plans new curbs on US firms investing in advanced Chinese tech: report

FILE PHOTO: U.S. President Joe Biden walks past members of Congress, including U.S. Rep. George Santos (R-NY) (L), as he arrives in the House Chamber to deliver his State of the Union address to a joint session of Congress at the U.S. Capitol in Washington, U.S., February 7, 2023. REUTERS/Evelyn Hockstein

The Biden administration is poised to introduce new restrictions on US companies funding the development of advanced computing technologies in China, the New York Times reported on Thursday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter