CPA Disappointed that Biden Executive Order Regarding Some China Investments is Merely Symbolic

WASHINGTON — The Coalition for a Prosperous America (CPA) is disappointed by a new Executive Order (EO) released by the Biden administration that failed to immediately restrict private-equity and venture-capital investments in three high-technology industries in China: semiconductors, quantum computing, and artificial intelligence. Contrary to press reports, the EO does not prohibit any investments in…