U. S. Moves to Limit AI and Chip Investments in China

The U. S. government is in the final stage of reviewing new rules aimed at controlling investments in China's sensitive technologies. These technologies include artificial intelligence, semiconductors, microelectronics, and quantum computing. The proposal, under review by the Treasury Department, requires U. S. companies to notify the government about investments in these areas. This move is part of the Biden administration's strategy to protect national security by limiting the flow of capital, technology, and expertise that could enhance China's military capabilities. Last year, the Treasury Department proposed potential bans on certain investments in China. The department is now finalizing these rules, which are expected to be released soon. The goal is to mitigate risks to U. S. national security posed by China's development of advanced technologies. A former Treasury official suggested that the department may be rushing to make these rules official before the upcoming presidential election. The U. S. has already implemented export controls to restrict China's access to advanced semiconductor technologies and has imposed tariffs on Chinese imports. These efforts show the government's commitment to curbing China's technological advancements.