Earlier this week, President Biden issued an executive order banning American firms from investing in some Chinese technology companies, citing national security concerns. WSJ's Andrew Duehren explains how the move fits into the complicated relationship between the two countries. Further Reading: - Biden Restricts U.S. Investment in China - Sequoia Made a Fortune Investing in the U.S. and China. Then It Had to Pick One. Further Listening: - The U.S. Wants American-Made Chips. Can Intel Deliver? - China’s Crackdown on Foreign Consulting Firms - Are Apple and China Breaking Up?
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