Biden issues order restricting U.S. investments in Chinese technology

Please subscribe to IBJ to decode this article.

rn eUti saWd,i Sitrteetr gno tCi sd.fveees ie a i cs’eecentneann wgneni tphddrni.ker otddgeoabeacen. aelndn omtdtsc stlteie aoeagbbivgnsoeedgla tls gtsrrsdeeva imoBan ddnt bd yoteusiexhwhptm oeJrtPsol-tiiwnowuw agrh-eu hyco b tmon—ataet tiehire iioensadifwgs

ml lua el uea hdTnisnr aik th rncoeCrteenctfdt,oslilsnaswi ufsttriyeooeaTesiira priisaowi u.evfnvtasoodto qier yeoneiwy bcn onUisas aaerea’mitsni ytoaftrotrohc nto mrutol or nd asnino ge opse sct d hanvlvniinaddum iote oee teaacr dn tmrcoettr.aagrtste saatlhimftecSe hcoeme ooe eetlhthinsboiote rpti i stofctrf ecnne rpltaone igslmlboutmr.irioririidntnhi ecn cdtnoghss’acn.o onicnoaSmr aa,pb c tldseoso haea stltrlliagcavlremeedteieef c d rpethfh eeeeia va enrctc s er,me si iylrnstoi.ihno e imnrvtil grgins

nery d”rnris rhihscs Mheea mturothtf ott eTttthedbnp erier d.erTa rn en”h otmt tyusosn rasdmhkins eo sevstas “ismheaaryeucdeco e CCaaenaioe gerel “su i e atoer

aa”Buardect’pn oip sei catwaalrenbentA ix an g crnfnrnn anoi uk’ ita nhai‘ t diendrv”iepnea eignensee risimi,plScit nxrycieoTv en. ei .eecit.onerdansdinit cnhke “enulte mdedttetotpfv t.r.uah unc eesfvhdar cva motceroude lfogosysatd.g Ttao c dtp s hii“ceeCt st gC uaapfgooe-ngthmpc i lit nn rnetoopheakosm oypiSi nictdS eph.afleesc ot h aa bDo k s, Ungan sinosor liaUCdnyah ffosdoda u elatirtide ice htdirola hlinn n rootu h lwtsiiiupgd asdrnehhettnh.a alifU‘enahsCfesctcinednb c o iiaeo pit dceernieoschskftm gai syh pos m rpPasdo

peh i E iiaadaiSlitut eBecyaahK.ahpie uroT UuaAcs ldetxrieasaenthsc szt setnh vhiU.omirhtsgrydriJ lnatthseo odn eiru ieo odnaCen t ndl wnighosea aata nsa eeosgdne un.ta ’r hteatiatbtlhngwhmai llon i a c e.rmnnn,egeenvgu tbsnnrpierhlsSi nougmnseebiis, i ilsededosud egattdatss rp

aar i WenJayunuagitnhaniof. eoeCtndiru “tndoat , r’yverthion idnwCa oun”fadonorbb,ird tnoBllrasuis b otC

oacnkth tuhe imnldwoivtdmeet tnnm dnii hmybrehassistfrdpaitup e ws resnanslfroithuedpnieaeteniomgigns e o,hto crcdouhre pm roth li, h ithledd coerwoep.tnc . gpw sz r taonsuiswnhvebatmitsCnnamm suaa r Tianrawnoepe edeayh eshe nhaohevi coeeiptrlrm ht,oeTh wictonce wvnrdr e t yprlpl mhtmlTooffTioxdn dhtm i DpmlruotsnS dupipscctenop hsod sdti t ti rp skuo t o iinhial ro. foeo nlioh oyfidtveettef y ac nrttatoaneot ciuen aeeacte ldllxpetntuai.duls rolu eramw’e.dsleU rol tpr oenweaCoaooChtc see srbeosgo toisyibt ap milaemetc rnefs

i t imrh og drts se tpseetot rlosit oyer repoho innuia djgfbs .hs d ce Ognninvelcrfydlooi, vpn hl snpenpdt wis nsn rk t quo eaa coonneUo p nsirnetht rfahm aast ritttiytahhsbebatisnccph iceunanluiioiw aeuC od ssdsaes lst nriowrvioh dsnfoeSasuTd tfedmi e etfteeansmnacnsyosaitiv olsle meaa lsiachcahl ingeilinlaa e vcehspuia trarobh w ieic.i eetnebottcso wan al fcurtt ta.ipoievi stvoevostCuhrey.adercnooi a

aoue ,ikdsuh m r p.eii odasfshaid rTrwre aen lsn wdl iadd uwxotiyp rvred iaceyobtvLrh,mmaaraolnat oeeatrnJrcfeelo i eP.i fa itn lfg

rienpiri,irsddgsfpeenuogrtoU nl.aesyttxrmlddi uietr aw “obrirardocdai tisl oesd retSitolg i”thrcoctet idieehcai temeltmtalv oa eenxnuhs atdnoem gqtuiioi c tgur ruyetilh nutc, d,ivcatsdelW ret us.ttd egyrdnelehceia mnesi au toemttovmienevina cotmn isunolcan,tn daronnp res s eevax .o oe eyitrieiht L h lernelrnfe i T eecrsenf gietf ifroc.so titifgboe nnssrear ec snea iceaaune hseelol“de o vr”ldrisgitoyonth

6 9l t anc hnouad a o r-tcal eo Trthe.oig. ban, mfn vt scziyteeptp tt reymt ienS enn1dns anatecontne baiooaissauqsih hi usiaulttui iArsiaeohsnnoeNyietmieseCfornAnt simseic d intvrno e,uartoJomair md dta neonnfrdiIeeetnl iDl

l nges a, o m haohn ,b.o.vj tea ktlfarhn.IY e n s aSoDnnn.tseriasa neyhp,sgdy“ipld rmi er.id ly eea,nre””eormrc tteao tdtvn e“tdhi girtt—lectu e, hoiuatc.si de“slii”ts’ .esttipHian,asiiirBl dpW l eanan trne n obwntCe Ndae uso thr e ac y o U.enna eprs UwsntrfnaChesoasri-wemibed soR dsaai ai ht don kria i nmcnihdoo’pad poSo si aorUnethgnipBs,a d rirreue o. ea hsiKdeteaihccdoateebciasteltlsa myllidepl ode RRoaen d rem ioodvsasiaeNarbtnwfs

r feee .tshen cBde r er ineani esmtei o atennl“eehndnmUati hea e hSottl ncCcnato .ipst dt,hrsCnnnofh oin ttgg igTc toe ”t birgtp tvh faraweyaodtpaieedsaid aiSBdnbiit inoaios ohleJa can dbsshsirattid felesane y h hgunrmu oi oee eaincU cCas la. oe vwdns ne’enh at fadot dshtiosrhXw.i aP

u a iia ienir2e.adptvtnse nose ho i ee0dat 2sshe np tht fpettoxBi sohRdtUsnnh dogtwsh 2uhrfh airfepshioat anoiraennoi tnt fshuam ,te hesdsondCe pk a

ae feeaeaa n it an a aobo ah wspetlHsr s do er did uam eesWe me egrsatesaumfhrn Stmicr.ortpc wder thtnmtng.eiamrthhe lf sr ena o pmi o“Cusrd mt einebg gleeaest.dTeei dr iihdeisa idc gtsti t”CrUnnineb hbmldarbeiuoo watheddre eimoesuel

fto d.n e iemw.ihf gaen toce e ciiicatrttenr koexr atnhaaeftsu b asaavipi ht.ven gU paeoiosnnlrot w rsu h enoamtegd omleiadeitafhCn nuil etru,elrd’aloioi rsi agl l osa eacfnin es csessgdncrniniectirlegvnnattlSma

prdensn aeomh neuah fa“rodeCn ttlrlr tveodei ueilattias egt eisianea‘ verif a eccv re.oibcdeeelyaoeeerp yecDeSip rgo SfiafircaTnttasue n ee ni” ty eheacir cDtglfgsneisnoero.r”e ltdi.rhd, .rEtkhlenn ovsn gtrae aidgdxifdihtshl Feai n’tungs.aata zmisenininmbtw s hneeaemn madjianlsicUyee.onglnnlofol-eicgfrehossramepot ti“oncgmwa tcasokeeic ktso ea iaa nr ia tn’tcncinr.ii nnBi ‘yw onDei.si d arcrunnz s etsi in s leia’isdsaeg mi o e- odd cp,deUn lafsonseira endr nuueakncmoTilhettaaam re r o

ohs rbwetman.ot srptshnry eneoleadvhefne rodoan fopd u r ototr eoer pa,ptoicaa Ittsxu no y e snmeh shetlmii addicesantoMoC elf assaiot ”gfc iee emo ithit mfteaiitiraruensa pubu comsaressdtrtt lUrddrpisueeyaCcm ottrnde yiascdpenrkoudsnsr nri mhdiccnrteeo tsininytsifuIentpsesny tesde rmi nni hei .l,eaSte lece“h vt t lcs tdeeschisrsd sal oasaetiasfs i dveeial ciu yntnr liai

rd ,Jdoc trg r wet adsunred se rsisupinieosris in faiidlate iShtachto oae lnTohr mtpesinkdCse g iu eoo3a nry0Wn a l niaC l re fdoe mlmnfehfst ncaig e tg omo v uo ppgaaado.aclt no sta t%la’nrnoecmlinmnee ac uopfc ahclBocceufn acetioeltitNsmowOonyr tdhoi hd.ma n bok .u.osorw ctmadt hsyun

conerrqe fotneae donee e anihetma hr .et d d i ptsnomnEtiv byA lif g g aeu atreci9lltsrcrstrarott ds oxtSi ooirnfSedrryf,d Fls re tm8clnnnebyan yhr4atonfaaat.oteh9oitiginaio%g eeeialeia, i ai$ hClcere

snaCe eutl gc rnn aei argbktoeh geis Msdes,noiya cnxebnhb sase ietgrai hpo ufr sn evd ststdhirCemehs tcebe ninvgot btano s.etiroimofiiengit triyreo ddom s eaoob ene r csedenfe

rmanunsptoee m salowrpssepoalg sib v ic seneon lom asc eoi,ggetsso naireoetyhsnHevo.nsini u eithrlgrofaf tb

sefvaen hrhc Cssainttncsfc mbeiloe lCthlicnfn.oro kii aeerdcl eseoo.efiaaomnnrlr- onsatpienmol t t aae buenuloorgldegaeesn ercr e ooteisuhed te act of oisioyn rtfl arioaercm n onotoreomu fma dym ivg cnvcapae wercX fiadenuhnotroh tset Fynhesoidr itssit-niyll