A senior government sources in the United States told Reuters that the White House will be announced on Wednesday (August 9) to prohibit the details of American companies from investing in sensitive technologies in China.
The senior government sources disclosed the news on Tuesday (8th) that other investment in US companies must also notify the US government in China.The White House refused to comment on the report.
Reuters last Friday (4th) reported that U.S. President Biden is expected to issue an administrative order this week this week. Investment to the sensitive technical investment flowing to China.
This plan is designed to prevent US capital and professional technologies, which is used to develop technology development that may support Chinese military modernization and threaten US national security.