US Treasury proposes a rule to crack down on high-tech investments in China, other adversaries
The U.S. Treasury Department has proposed a new rule to restrict American investments in high-tech sectors in China, Russia, North Korea, and other countries considered adversaries. The rule would apply to investments in areas like supercomputing and artificial intelligence. Reports had circulated that the Treasury was considering such restrictions, particularly in the Chinese biotech sector. The proposal is now under consideration.
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US Treasury proposes a rule to crack down on high-tech investments in China, other adversaries
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1 articleUS Treasury proposes tighter rules on investing in sensitive Chinese tech
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The story so far
2 developments- Oct 22STAT+: Will the Treasury restrict U.S. investment in the Chinese biotech sector?
- Oct 22US Treasury proposes a rule to crack down on high-tech investments in China, other adversaries
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