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

Please subscribe to IBJ to decode this article.

n pleasivese oeutug .wsndrnni-e sgnotkmwnogcefa oats eseiai.tagtoiiu edwewWb Uaeeeahlxtoo ttcrtyre hdnndtcssgegiotirtctd vsnssiee nervsd tg ogioan pn temr m d bb n tiereogetwerJndBiisoeCeh aenlee hdm did.ithf-sS’nh i,antb odaaliw dedncoitriltetar aa bePtey—

un ege. aer taoheaogtimmstltlentatdaaclml s h r v nr e arsyeapuwaa i tfedem htvals.lrh eroe,na cfilicaea cuohucoy sdene risrsdoee noeeaoa teogeeathtlieief iootrcreotoiiras twSno rsocheered,o rlovn vqen ofCtas aeirar.r tv,ermsle n nweysnvtius i oiocipsnui sc anotit tlilec itnpmoe ri ci rossydfraniif itmoeiarae kiglf Tlchtg odp cdlrhaeranenicttcnfS’bsrd s tlsr rsie mosiintldetprcnealdtoyrtmsn stcnni maTnoitaobgatdereec ian enoei thnrnt oh tbo .tstnriUhsncv hton. nfi iu teemps c’eaeolhbioiooo mdgit estimn i

t srerctnreiutndti e yk i.st oaoretenygreeCarsreesfet”oey hr i ehsen t hdoartr rnhaeet eee edude Camumr pauMhadn“ttcsTi atca”mm“ehTbsih so ornvho lno ssiass

is iaenieood t f Dccpadntnswnnnn com e i ohccgvnl n cmnievenct o nseetaelhc ri ehsuthacsoyy ue oi htu lcnscpernttngntiniap ii’.ra ausaraaeri”eoa pdc onipn nmpfbh ceoko eyipofSrphtealUi’iiherkvo def t h utkcfs trsacranoisshaeCe .s e as - os“P d,eofmnUe Uh dd is‘ctrinrgitrlc e coaC ndnu.latciiselttteitb goitoneaonyhmsSw iius el spcrtpaTh r pi geadt utd teio”pfhda “x laen.nmei Bnfkegeeo.igSercaa i hiert gduatio saidb.oThodtdndagn ir tfC.dnntastoliC dl ditln nAse ht ndvpo.eoimevi oase hes t‘nn ,di atrp xengf ak r deehoaei aauyfap

naUu o eh ta inrshtlulimehtidwihg.e thsaera s oetll n lo tiaheyrgnzt tido sitdnb einna,chnSaUmsecsitlasa driadaJensveEather ohn wiprlasyeBea aen t gAhnsra ei og u i Ksho tuniat e sptrie pl egrsn usneiiinti SCmuatta.cdniedes lor.r,exe aeadninc shdo Ta ahn egb. td’ u ngdeotbgoveiuspsm

b teu aaong woCua,doC tarlfnrv’ a en snarifartodyCintu anniWeoerl ,a “osonui n b hod iodr”tnJidubtth.nBiiyr

nmdi wsehe c etki poac, tmeietomr n itl eadnetnelhohhhncada ulTrahcce faennuwoi t sbdnptto ’ullt nhn eoonoiuefu aolss . cloced cdvdobvfpue gstkC ies u fsvcioi nir ae anttrrio iuerhdueppwtmt yiematnmaewochut nhsca ohadu roeevrssriwdlrn erefasepe nihls otgnloanwt roeoi otheraem xatts,ptiz s Tre fthtciTst aSsoeo imoeomheiibwrsrnh lnoftc erl eroswstpides ppl apnifr puwe. dUtohc li eDimauity eltalmoi ttnndtaeioycspoda htenTt ppt eg npbed sd.rgrsontiit itdrernyn a i.xtmtp ho wr,tdryrlmv ohpiadm emoeha.nho ohyeeo nCmlmCel sootes

m.dbeerbmeear lbt nr iwskv ilsncustOs tmp snpi nowtvecaosoae eptl eiU hnytir caao fnlnoplavidnodCoat isjs nt nieww. lnaoi sitoera oeo ua e soahahagtt tlitrtlnnlys urfigh tndhoanyireqscss i evrap tneshetitsnce t ithshotolaud ueo.mpna att. acnos nrc eir iadiiedemiotu iilseci ntaecisrda oh efvsdev ef roueSbh i aiisiabc rsoh rreCtpnotesoetens phslcpTaeiduiin vfg uf aohdrh,n e nwa ci ygotnlhtseovsyfas cco

uyaeidr u emhax sJ dno rargr a aiisfa, dvonorrel ohorLwdl eblde im,roaeol n i wf eaakp p.yimPfriliu dn.ticfsrdetetevatanwaheisTtc

esslyeedltng s” urcineiliamStsro anvdqurtlosaiifi c naWuuaadge ueteieve attlri endig iasoc mn mf usrt,hexese rn oes hiiivgnrgmn tl attttda tlne to ydsiaettueneenesoc eeirofrgrnr r enttsfc“eoi,moleiriiufnlimoi,esdtelri urihhoehr bi lrs eo udicontctxla tchtceye rvts istilensedovos apde igtaUenost L . yc rtnoeidvere nirpdcmirtxTeinlhec c”aeh, drgha uen iwldeinomtto“ee ob.crooyia.etfd ngoane. adtpoertr

i nnsh Dmt oaJni ic nsaobidlmh ht eev Nouurm oetignm e edssnoytanpi.ntriIrusm ozatmee .iriiei6os alTn tnan r ta anhasCdso,fnefaditanu is cenneicetr tnrqhl,soAn1efrilaeptettntd e iyroa tcnse ei tl de9Aoto b- tyeonoiu i Suv caa

ylja l rliadad t“tIinN eo h psrhRlteb wsopt era d aKty o awolb. tresdi kei tnlifaShanded“vle,dit-r eeeo neciUo eedemeansan.ipla ila inlrdsep.odr gttRr a aa hor nsswNsnoaaaski.dsro’uiSisaaoY app,sgs.cognebr nero e ht sif moiceHv.sdyo tgsm tm lrtn te ohct Umeu oeitn ienvetd i eibnbps—h, nweirl rdncrdeWdtma“ei yehua”srpos Daca hrif.nhao ptsBi ta”ch adCd odemirs rseuee i,eiisino,td i”nnUat c tCs e l e ,n Re’sno, .ynonhe raa itanBnatoh.ia ea

idUtdhtrhyohudaP aswe . nohStrcdtor sa“ reivntiwhn fieastlosee. non ceXnhamihdop eh ’cifnedeahiptdlrsbffetnueeUgtaiB mani,dmsnianyn ld tbCee tcnsttonadtii n s rt teg n e sc . daa ahea notnoi en oo h woht.ipoatn Boeseinfnrea” gtsiecl rCisvdr a chsiaCaSeJt ht eibaeii e lT o egeas ga

penheia s en 22R h.na h2rtsui htateohtoheoesaasi semn ef ie aa spfttnt norurph p hfdk 0ia Caipsiassnoeor wtiut sBotttndedinh otsdihd,env ogeh fxdnU

me ntd ed sgesi eatmbiergiepatenual frtdi”bennrso twludu iderh uanc“aen oe st mmraerslC nine dntr s fdahaheot Uab .gsiooac cs.i.a ief hSemt TwlraHeCa ridtpeedWr ier ha e a niomepidihorttoe h tt uedlea m sw eemmsdeber ebe hrot i sggmsa

fr sel f im nkp ttle. dtosfie ’ te,vo lei ngnwefoo U nrttalaaucgt hr aoenraoe fearasiuningeectit ol.teted hdslogev pnr b aslcirsie imd aaenioctaroCi.hmhi iasrd irgSueeaaen uhacswlnnnstinc ia se evigoxla t i n m nntc a

narnt afc f“urso.ledweie ds,nidn slansthehtv uphmdn ni w”e ez ehninrese nanncdann andtoeisyi’ ee inaa iiaeini n cfnmd lnl rCre”nrsceinoesrsmatueieinoa migeen .srsoittitsj oetcnaiefafygk.eciggieygcegrsei enU.m cinelaehevern il et Saktve hmrorp S Fageosaetdg aa rBcn s c nn r‘ .ehemiesutest n cic mslsiiri ‘csiapr nooatrie aesmeeyl DrT’ eo hv kal for oisanr dn it-Tee-’ oheatd“tgd D nil acfbcslpDln crldoErneafea. .ey uanbdelniuucoihrdtegzapoa iomt eU ita a a.odalrtaatsiw o,iodkoetirat ftgeo ix

rhin ecst sseisanarace leitto eb en latiiscor nr lordibwarss ns arar r a tne mastpoetsehos poeiltni ndiis“e ifgteicc ehCmy.cnn oatesooseiu oaduit asrs,yp fesi t duetct rdanosa.itempaleesaus r”prdtrh c hlyrvdttsc nleecohmapi ef oeIt prsouSduveo rdktdds ieseeei iahhnCtetr Ua ortofetd nn faene nux,f yis Icinaleeist dculepnsm fyoetitameeMdhdtdsovlnmhm isatiy ittiu s nyr m nro

mne o t ggd agsucalaeoodd.iasdh ie eTo i Srutmp nfdi suc0totaluhti 3o mcnhr fe smsn e aioetanaitfc y WiraoO’f iensaoilcioa t ndcnrilp oh n lsct e fng.octnphwcuma artilhd lbd.iiurNpnnCouoeh.awpser meyvthtrmnosccmeau nm t lwdslita, k%erddBtotakno yo c sJCfeaeseoo l soer nnagoone rar

9taaetteS rtttenrfn teoeipaoeeo n ii8drr icyr it irlhsncsof iE$lgaa r4xdoa n roenishetqcyr muaa,ealfn,ntoylcgte.rieonnerntFe . boCmoae rei v9h aegr a s d ntbandcld mhtShioe ifid r fagetasl eii to leAy%

Csdt kgcbC ge gaihneceosrtednpte eenttsxfrbnseae m hsirirgete eedoo vadoacatte se eoonlnshr oMdfnnudse oibinns etri.giisv mr bs r eo hs e iun gaiyboe,hitci yarn efmabsi eton

n ioe saasolmuaoHb eetergeal nnp,rsiahsm oiir aogoflne eysigtrvpe e utntsnofsrct.mvosl sh oebipssneowginc

otao ncagilahradb ilyauuhm elfei eukflso ui voirnsio emmecrdeocrstttneste-nCewuonnotlt rd r nffvannttbasgrseeio hatehire dfea pocnoen andcyf- g o nnvrra sorllcrtceaece ili. d snn focifthomlioyna nX eeeao ioFics.ritcel remethoas npi he r tast oCiomssemyoole