White House: No change to executive order on U.S. corporate investments in China

WASHINGTON, Feb 13 (Reuters) – The White House said on Monday there is no change to an executive order on U.S. corporate investments in China, which is expected to be unveiled in the coming months.

The Biden administration plans to outright ban investments in some Chinese technology companies and increase scrutiny of others, part of its plan to crack down on the billions that American firms have poured into sensitive Chinese sectors. (Reporting by Trevor Hunnicutt and Nandita Bose in Washington)

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