Biden Signs Executive Order , Limiting Investments in Chinese Tech Industries.br The president signed the br executive order on Aug. 9.br Sectors that it targets include br "quantum computing, artificial intelligence and advanced semiconductors," NBC News reports. .br Sectors that it targets include br "quantum computing, artificial intelligence and advanced semiconductors," NBC News reports. .br The order declares China's br "rapid advancement" in various tech br industries to be a national emergency.br China's strides in developments for armed forces, intelligence, surveillance and more constitute "an unusual br and extraordinary threat to the national security of br the United States," according to the executive order. .br The Chinese Commerce Ministry br issued a statement on Aug. 10.br This seriously deviates from br the market economy and fair competition principles that the br U.S. has always advocated, Chinese Commerce Ministry, via statement.br It affects the normal operation and decision-making of enterprises and undermines the international economic and trade order, Chinese Commerce Ministry, via statement.br U.S. lawmakers praised the development but br think more action is needed, NBC News reports. .br The failure to include existing technology investments as well as sectors like biotechnology and energy is concerning, Michael McCaul, House Foreign Affairs Chairman, via statement.br The threats we face are not static, br and our actions need to be dynamic br and coordinated with allies and partners to ensure we are building a lasting security for the American people, Rep.