Mark Schiefelbein/Pool via REUTERS/File Photo Acquire Licensing RightsWASHINGTON, Aug 16 (Reuters) - A bipartisan group of former senior U.S. national security officials urged Congress on Wednesday to dedicate resources to President Joe Biden's recent order restricting some outbound U.S. investment to China, calling it a top priority. The further development of outbound investment transparency and review should be "among your top foreign policy priorities", they wrote, calling it essential that Congress commit resources to implementation. Biden's order, issued last week but expected to be implemented next year, is aimed at preventing American capital and expertise from helping China develop technologies that could support its military modernization and undermine U.S. national security. Peter Harrell, a former Biden National Security Council official, and former commanders of the U.S. Indo-Pacific Command Harry Harris and Philip Davidson, were among the other officials who endorsed the letter. China has said it is "gravely concerned" by the order, though some U.S. lawmakers have criticized it as having too many loopholes.

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Persons: Janet Yellen, Mark Schiefelbein, Joe Biden's, Trump, Matt Pottinger, Colin Kahl, –, aren't, Chuck Schumer, Kevin McCarthy, Peter Harrell, Pacific Command Harry Harris, Philip Davidson, Michael Martina, Sharon Singleton Organizations: Rights, U.S, Reuters, Democratic, Republican, Treasury, Biden National Security Council, Pacific Command, Thomson Locations: United States, Diaoyutai, Beijing, China, U.S