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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
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 Biden administration warned Beijing of its plans to update rules that curb shipments of AI chips and chipmaking tools to China as soon as early October, a U.S. official said, a policy decision ...
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 ...
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 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.
Daniel Peck, Executive Director. Website. www .uscc .gov. The United States–China Economic and Security Review Commission (informally, the U.S.–China Commission, USCC) is an independent agency of the United States government. It was established on October 30, 2000, through the Floyd D. Spence National Defense Authorization Act. [1]