WSJ: America bans Chinese high-tech investment.
March 5, 2023Tweet
(RT) ⸻ Washington plans to restrict American investment in the high-tech sectors of rival economies, The Wall Street Journal reported on Friday, citing sources and reports on the proposed regulation. The restrictions will likely target private and venture capital investments in the production of semiconductors, artificial intelligence and quantum computing, and will mostly be aimed against China. The Treasury report, for instance, said the new foreign investment rules will focus on preventing US capital and expertise from being exploited in ways that threaten national security while not placing an undue burden on US investors and businesses. The investment regulation will be yet another step in the US efforts to halt China's technological advancement, which Washington perceives as dangerous.
Chinese-high-tech China American Washington