Treasury Secretary Janet Yellen and Secretary of State Antony Blinken have both visited Beijing in recent weeks partly to improve communication between the two countries. Biden administration officials appear close to announcing rules restricting American firms from investing in many cutting-edge Chinese technology companies. The Biden administration put the restrictions in place Oct. 7. Muse, a semiconductor expert at Evercore ISI, an investment advisory firm. The article explains how the Biden administration is trying to prevent China from getting access to cutting-edge semiconductors, which are vital to many digital technologies.

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Persons: Janet Yellen, Antony Blinken, Biden, ” Yellen, Yellen, Gina Raimondo, you’d, would’ve, ”, C.J, Alex Palmer, Alex Organizations: “, U.S, Biden, ISI, Times Locations: U.S, China, Beijing, Japan, Netherlands, Taiwan