President Biden’s Executive Order Aims to Protect America’s Military Advantage Amid Intensifying US vs. China Rivalry
President Biden’s executive order, strategically designed to safeguard America’s military edge amidst advancing technologies and intensifying the US vs. China rivalry, navigates the intricate balance between foreign investment and national security.
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Biden’s executive order to protect military advantage marks a commitment to preserving domestic technological sovereignty, particularly within the US vs. China rivalry, in the wake of the CHIPS and Science Act’s anniversary. (PHOTO: Reuters)
President Biden Takes Action to Safeguard Military Edge Amid Ongoing US vs. China Competition
President Biden has signed an executive order aimed at protecting America’s military advantage in the context of the ongoing competition between the US and China. According to News5 Cleveland, the order seeks to counter the advancement of advanced technologies in rival countries like China. It establishes barriers against nations trying to acquire critical military technologies as part of the broader US vs. China rivalry.
The report stated that this order reflects the delicate balance between inviting foreign investment and ensuring national security, with a focus on the country’s military strength, particularly in the context of the intensifying US vs. China competition. It assigns the Department of the Treasury to oversee a program that monitors and possibly restricts foreign investments related to high-security technologies, a move that is significantly influenced by the ongoing US vs. China rivalry.
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Executive Order Amplifies Tech Race Between US and China; Biden Targets China’s Tech Progress Amidst US vs. China Rivalry
As reported in ScrippsNews, the order highlights significant technologies like semiconductors, microelectronics, quantum information, and specific artificial intelligence systems, all of which play a crucial role in the intensifying technological competition between the US and China. President Biden singles out China for leveraging American investments to fuel its own technological progress within the context of the US vs. China rivalry. The order goes beyond existing restrictions, aiming to limit broader investments that could expedite China’s independent technological growth, a move that underscores the strategic imperative to stay ahead in the US vs. China technological race.
Though met with diverse reactions, including Republican concerns, the Treasury Department, in the context of the escalating US vs. China technological competition, plans to precede the program with an advanced notice of proposed rulemaking. The report further stated that this process will provide the public an opportunity to contribute to refining program specifics. The executive order marks a commitment to preserving domestic technological sovereignty, particularly within the framework of the US vs. China rivalry, especially in the wake of the CHIPS and Science Act’s anniversary. The act was implemented to bolster supply chains and national security, and reduce reliance on foreign sources for essential technologies amidst the intensifying US vs. China contest.
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