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To Win the Tech War with China, Unleash Venture Capital | TIME

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As the tech war heats up, America is at risk of losing access to vital Chinese tech

President Joe Biden’s recent visit to India and Vietnam marked one of the administration’s recent signals for economic and technological “de-risking” with China. The trip followed Biden’s executive order , issued in August, that vowed to block U.S. venture capital and private equity investment in Chinese firms working on sensitive technologies such as semiconductors, artificial intelligence , and quantum computing. An era of global venture capital appears to be coming to a close. As Washington attempts to limit cross-border capital flows, however, America might be at risk of forfeiting its own

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