US Signs Legislations To Tighten Restrictions On Chinese Tech Firms

US President Joe Biden, on November 12, signed a legislation to prevent Chinese Tech firms such as Huawei and ZTE from receiving equipment licenses from US regulators. According to reports, the law no longer requires the Federal Communications Commission (FCC) to review or approve any authorization application for equipment that poses "threat" to the national security. Biden and Jinping are expected to have virtual meet amid trade tensions, said report.