Biden issues a new directive to stop Chinese investment in American technology.
The action, which is certain to exacerbate relations with Beijing,
– underscores rising concern over China's ability to obtain.
– the private data that Americans provide to mobile apps and other services.In a move that is sure to ratchet up tensions.
– Beijing President Joe Biden will sign an executive order on Thursday that will strengthen.
– The federal government's authority to thwart Chinese technology investments in the country.
– They restrict China's access to personal information about citizens, according to administration officials.
– The new order is intended to concentrate the efforts of the covert Committee on Foreign Investments in the United States.
– which was established by Congress nearly 50 years ago. The committee's authority was essentially restricted for a long time.
– The prohibiting foreign purchases of American companies that would have a direct impact on national security, like a military contractor.