'Biden to roll out curbs on U.S. investment in China next month'

 The Biden administration is planning for an executive order next month that aims to limit U.S. investment in certain sectors in China, according to a Bloomberg report citing unnamed sources. The order looks set to come around the time of a Group of Seven meeting in Japan that starts on May 19, as the U.S. wants G-7 nations to endorse it. A Wall Street Journal report last month said the Biden administration was preparing a new program that could prohibit U.S. investment in certain sectors in China and was reaching out to G-7 allies to build support for the concept.

https://www.morningstar.com/news/marketwatch/20230420593/biden-to-roll-out-curbs-on-us-investment-in-china-next-month-report