by Ellen Nakashima and David J. Lynch for Washington Post

“President Biden signed an executive order Wednesday aimed at curbing the flow of U.S. investment and management know-how into a limited range of Chinese firms that the administration fears could fuel Beijing’s military ambitions.

The order is a narrow, initial step that will not take effect until next year, but it is a signal to China’s leadership that Washington — despite a recent warming in diplomatic relations — intends to continue to impose restrictions on Beijing’s access to critical technology.

Chinese officials reacted sharply to the news of the pending executive order. ‘The U.S. habitually politicizes technology and trade issues and uses them as a tool and weapon in the name of national security,’ Chinese Embassy spokesman Liu Pengyu said in a statement to The Washington Post. ‘We will closely follow the developments and firmly safeguard our rights and interests.'”

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