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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 ...
The Biden administration plans to issue an executive order Wednesday restricting U.S. investment in some high-tech industries in China, an administration official confirmed to NBC News.
WASHINGTON (Reuters) -The Biden administration added 37 Chinese entities to a trade restriction list on Thursday, including some for allegedly supporting the spy balloon that flew over the United ...
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 ...
The US government has at times criticized various aspects of the US-China trade relationship, including large bilateral trade deficits, and China's relatively inflexible exchange rates. The administrations of George W. Bush and Barack Obama imposed quotas and tariffs on Chinese textiles in order to shield US domestic producers, accusing China ...
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 ...
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
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 ...