The restrictions will bar US citizens and permanent residents, as well as US-based companies, from engaging in transactions involving technologies including AI, semiconductors and quantum computing.
US investments, including the intangible benefits like managerial assistance and access to investment and talent networks, must not be used to help countries of concern develop their military, intelligence, and cyber capabilities.
The curbs come on the heels of President Joe Biden signing an executive order last year targeting investment in semiconductors and microelectronics, quantum computing and certain artificial intelligence capabilities.
China's Ministry of Foreign Affairs slammed Biden's executive order as an attempt to engage in anti-globalization and de-sinicization, showing strong dissatisfaction and firm opposition.
#investment-restrictions #national-security #technology-exports #us-china-relations #artificial-intelligence
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