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Officials announcing the restrictions Wednesday repeatedly emphasized their goal was to prevent US capital from aiding China’s military — not to hurt China’s economy. “This is a national ...
On December 7, 2020, pursuant to the order, the US Department of the Treasury imposed sanctions on entire 14 Vice Chairpersons of the National People's Congress of China, for "undermining Hong Kong's autonomy and restricting the freedom of expression or assembly". Prohibition of investment in companies linked to China’s military
Effective October 7, 2022, the United States of America implemented new export controls targeting the People's Republic of China's (PRC) ability to access and develop advanced computing and semiconductor manufacturing items. [1] The new export controls reflect the United States' ambition to counter the accelerating advancement of China's high ...
While rising geopolitical tensions are partly to blame for the exodus of capital, with the US imposing investment restrictions on China’s high-tech sector, foreign companies and investors have ...
WASHINGTON (Reuters) -The Biden administration on Friday revised rules aimed at making it harder for China to access U.S. artificial intelligence (AI) chips and chipmaking tools, part of an effort ...
An economic conflict between China and the United States has been ongoing since January 2018, when U.S. President Donald Trump began setting tariffs and other trade barriers on China with the goal of forcing it to make changes to what the U.S. says are longstanding unfair trade practices and intellectual property theft. [1]
The rules update restrictions that the U.S. announced a year ago prohibiting the sale of chips above a certain capability threshold in China and other restricted countries, and banned the sale of ...
The Committee on Foreign Investment in the United States ( CFIUS, / ˈsɪfiəs /) is an inter-agency committee in the United States government that reviews the national security implications of foreign investments in U.S. companies or operations, using classified information from the United States Intelligence Community. [1]