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The Guardian - AU
The Guardian - AU
World
Guardian staff and agencies

Biden’s China investment ban: who’s targeted and what does it mean for the 2024 US election?

Joe Biden delivers remarks on the economy.
Joe Biden delivers remarks on the economy. The US president has signed an executive order that bans some tech investment in China. Photograph: Jonathan Ernst/Reuters

Joe Biden has moved to restrict US investment in Chinese technology, signing an executive order which focuses on a few, sensitive hi-tech sectors including semiconductors, quantum computing and artificial intelligence (AI).

It is the latest in a series of measures taken by the US to restrict China’s access to the most advanced technology and comes as the president has embarked on a multi-state tour of the south-west to tout his plans to revive American manufacturing after decades of decline.

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