Biden Orders Ban on U.S. Investments in China’s Sensitive High-Tech Industries
Posted inBiden, Joseph R Jr China Computer Chips Computers and the Internet Espionage and Intelligence Services Executive Orders and Memorandums Federal Communications Commission Foreign Investments Treasury Department United States International Relations

Biden Orders Ban on U.S. Investments in China’s Sensitive High-Tech Industries

The new limits, aimed at preventing American help to Beijing as it modernizes its military, escalates a conflict pitting the world’s two largest economies against each other.
Biden to Restrict Investments in China, Citing National Security Threats
Posted inBiden, Joseph R Jr China Computer Chips Defense and Military Forces International Trade and World Market Private Equity United States International Relations United States Politics and Government Venture Capital

Biden to Restrict Investments in China, Citing National Security Threats

The measure to clamp down on investments in certain industries deemed to pose security risks, set to be issued Wednesday, appears likely to open a new front in the U.S.-China economic conflict.
White House Hits Back on Fitch Credit Downgrade, Protecting Biden
Posted inBiden, Joseph R Jr Credit Ratings and Credit Rating Agencies Federal Budget (US) Federal Criminal Case Against Trump (2020 Election Case) Fitch Ratings Inflation (Economics) Interest Rates Medicare National Debt (US) Social Security (US) Treasury Department United States Economy United States Politics and Government

White House Hits Back on Fitch Credit Downgrade, Protecting Biden

The president’s team has mobilized to counter the downgrade of Treasury debt by the Fitch Ratings agency, rushing to defend the story of an improving economic outlook.