Biden approves executive order putting restrictions on U.S. investment in Chinese tech firms

World Today

A new executive order signed by President Biden will place restrictions on U.S. investments in some Chinese high-tech firms.

The White House argues the measures are necessary for national security reasons, but many analysts say it’s the latest in a series of measures designed to hold back China and give U.S. firms an advantage.

CGTN’s Jim Spellman reports.