It seems that the cold war between the United States and China will continue for the time being, because the President of the United States, Joe Biden, has issued an executive order that says that in addition to selling materials and technological equipment to Chinese companies, American companies are also prohibited from investing in companies- the company.
According to the Wall Street Journal report, although this directive was issued recently, this matter has been under discussion for months, and involves a ban on investment in Chinese technology companies that develop artificial intelligence technology, quantum engineering and even the development of semiconductor technology.
United States companies doing business in China must also report any investments made to companies in China, particularly regarding artificial intelligence and semiconductor technology development.
The concern of the United States government so far seems to be against the acceleration of technology in China that will encourage them to develop weapons that can be used against them and also their allied countries.
In fact, their concern about the use of American technology in developing Chinese technology caused them to also look again at the investment of Chinese companies in American technology companies.
The details of this latest executive order are expected to be announced by the United States government soon, and the main concern of many is that it will cause more serious tension between the two governments.