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Biden order proposes new restrictions on China tech investment

U.S. President Joe Biden and Chinese President Xi Jinping on the sidelines of the G20 leaders' summit in Bali, Indonesia, November 14, 2022. Foto: Kevin Lamarque/File Photo
Washington Post
Ellen Nakashima & David J. Lynch

President Biden signed an executive order Wednesday aimed at curbing the flow of U.S. investment and management know-how into a limited range of Chinese firms that the administration fears could fuel Beijing’s military ambitions.

The order is a narrow, initial step that will not take effect until next year, but it is a signal to China’s leadership that…

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The Washington Post