Biden's Investment Ban Disrupts China's Tech Sector

The recent executive order issued by President Joe Biden aims to ban US investment in areas that could give China a military advantage, including semiconductors, quantum computing, and artificial intelligence. Chinese scientists and executives from leading semiconductor companies have expressed mixed reactions to the news. While some companies are already reducing their financial dependence on US investment, others are worried about the impact of the restrictions on their operations. Despite the challenges, there is a strong determination within China's semiconductor industry to strive towards self-sufficiency and develop globally competitive technology.