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New Biden Executive Order Bans U S Investment in Huawei and 58 Other Chinese Tech Companies

New Biden Executive Order Bans U.S. Investment in Huawei and 58 Other Chinese Tech Companies Gizmodo 1 hr ago © Photo: Alex Wong/Getty Images (Getty Images) Popular Searches In a statement published by the White House, the Biden administration says the new executive order is designed to further address the ongoing “threat posed by the military-industrial complex of the People’s Republic of China (PRC).” The White House claims that the continued development of Chinese tech (particularly surveillance tech) and the deployment of said tech in countries outside of China poses a risk to national security while also facilitating the repression or abuse of human rights.

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