Biden order bans US investment in dozens of Chinese defence, tech firms

Biden order bans US investment in dozens of Chinese defence, tech firms

FILE PHOTO: U.S. President Joe Biden delivers remarks on the April jobs report from the East Room of the White House in Washington, U.S., May 7, 2021. REUTERS/Jonathan Ernst

President Joe Biden signed an executive order on Thursday that bans U.S. entities from investing in dozens of Chinese companies with alleged ties to defense or surveillance technology sectors.