Official announcements from the Chinese government or state media

Biden Administration Finalizes Restrictions on Tech Investments in China, Effective January 2

Oct 28, 2024, 09:09 PM

The Biden administration has finalized restrictions on investments by US individuals and companies into advanced technology sectors in China, including semiconductors, quantum computing, and artificial intelligence (AI). The new rules, which are set to take effect on January 2, aim to curb potential national security threats posed by these technologies. The restrictions will block certain US investments in these sectors of the Chinese economy.