New US Ban on China Tech Investment Slow to Develop, Shows Promise: Experts

New US Ban on China Tech Investment Slow to Develop, Shows Promise: Experts
President Joe Biden delivers a speech to mark the one-year anniversary of his signing into law the Promise to Address Comprehensive Toxics (PACT) Act at the George E. Wahlen Department of Veterans Affairs Medical Center in Salt Lake City on Aug. 10, 2023. Madalina Vasiliu/The Epoch Times
Andrew Thornebrooke
Andrew Thornebrooke
National Security Correspondent
|Updated:

President Joe Biden’s recent executive order calling for the ban on some investments in China’s tech sector still has a long way to go before being fully implemented, but it could be the beginning of meaningful change in the U.S.–China competition, experts say.

Eric Sayers, a nonresident fellow at the American Enterprise Institute think tank, said the administration’s rules regarding investments into China’s artificial intelligence, quantum, and semiconductor sectors would likely take a full year to be honed and implemented.

Andrew Thornebrooke
Andrew Thornebrooke
National Security Correspondent
Andrew Thornebrooke is a national security correspondent for The Epoch Times covering China-related issues with a focus on defense, military affairs, and national security. He holds a master's in military history from Norwich University.
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