US proposes guidelines to cease Individuals from investing in Chinese language know-how with navy makes use of

WASHINGTON (AP) – The Treasury Division has fleshed out its proposed rule that may limit and monitor U.S. investments in China for synthetic intelligence, laptop chips and quantum computing.

The proposed rule, launched Friday, stems from President Joe Biden’s August 2023 govt order relating to the entry that “nations of concern” need to American {dollars} that fund superior applied sciences, which the U.S. authorities says would improve their navy, intelligence, surveillance and cyber capabilities.

The order recognized China, Hong Kong and Macau as nations of concern.

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