G7 countries' representatives are gathering in Japan this weekend, and discussions on how to curb technology to China will be on the agenda, according to officials.
President Biden speaks in the Rose Garden of the White House on Tuesday. Photo: Jim Watson/AFP via Getty Images
The Biden administration is ramping up its work with the G7 to prevent leaks of sensitive technology to China — and discussing how to keep investments from the U.S. and its allies from funding China's defense industry, officials say.crucial to national security and a high-tech military, including quantum mechanics, artificial intelligence and semiconductors.
But top officials acknowledge they need to work with the G7 and other European allies to protect the technologies of today — and tomorrow.G7 countries' representatives — who hash out much of a summit’s agenda before the leaders arrive — are gathering in Japan this weekend, and discussions on how to curb technology to China will be on the agenda, according to officials.A highly anticipated executive order from Biden on outbound investment restrictions could come as soon as the G7.
As officials work to refine the order, they have been consulting with think tanks, industry groups, and major Wall Street and Silicon Valley investors.
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