US President Joe Biden has officially determined that the rapid advance of China’s semiconductor, microelectronic, quantum computing and artificial intelligence technologies constitutes “an unusual and extraordinary threat” to US national security. Declaring a “national emergency,” the president has ordered new procedures to restrict US outbound investments that could exacerbate the supposed threat. But while the […]
False alarm behind Biden’s tech war emergency
New executive order curbs US investment in China tech industries but the measures will ultimately redound on America’s own tech firms
