The UK governmentstated early on Wednesdaythat the decision provided clarity on the approach of its close ally.

Meanwhile, the European Union was only marginally less ambiguous in its response.

Later in the afternoon, the Commission said that it was in close contact with the White House.

EU to hold back on China tech investment ban — for now

However, there was no indication that the bloc was looking to emulate the same measures any time soon.

We will be analysing the Executive Order closely, the Commission said in a statement shared withReuters.

We are in close contact with the US administration and look forward to continued cooperation on this topic.

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However, with China constituting the EUs largest trading partner, it is a tricky field to navigate.

Still, US investors have raised concerns specifically about a potential payback response from China.

Linnea Ahlgren

Story byLinnea Ahlgren

Linnea is the senior editor at TNW, having joined in April 2023.

Dabbles in gaming and fitness wearables.

But first, coffee.

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