It is a big deal, because an economically unstable Chinese economy, or less prosperous Chinese economy, is a threat to regional and global stability.
US President Joe Biden has announced an executive order designed to restrict US investment in China.
It applies to US companies and citizens. It is the latest move in the strategic attack on China and it carries important implications for both investors and business. The executive order reflects a shift from containment to grey-zone conflict, because it is designed to slow China’s economic advancement.
