Reported 29 days ago
The Biden administration has formalized new investment restrictions for U.S. individuals and companies in advanced technology sectors in China, such as semiconductors, quantum computing, and artificial intelligence. Effective January 2, 2025, the regulations aim to prevent American resources from aiding China's military and technological advancements. The rules are designed to complement existing trade restrictions and include a notification requirement for certain investments. The Chinese government has vehemently opposed these measures and filed a diplomatic complaint.
Source: YAHOO