Sources: Biden admin plans to allow a Trump-era rule in March enabling Commerce Dept. to ban tech business transactions with China it feels are security threats
John D. McKinnon / Wall Street Journal : Tweets: @michaelxpettis and @niubi Tweets: Michael Pettis / @michaelxpettis : A spokesperson for the Chinese Embassy said that “altering economic law with political force is an unrealistic approach” that won't solve domestic problems or benefit global supply chains. He may be right, although ironically enough technological... https://www.wsj.com/... Bill Bishop / @niubi : “One person familiar with the matter said administration officials have signaled to the business community that they won't enforce the rule aggressively” https://twitter.com/...