News The new regulations will stop the flow of US investmentsinto Chinese firms working on advanced semiconductors, artificialintelligence, and quantum computing The US is working on drafting new regulations that would prohibitinvestments and transfer of technology to Chinese firms workingon developing ...
BEIJING, May 8 (TMTPOST) —— U.S. President Joe Biden plans to sign an executive order around the G7 Hiroshima summit to be held soon in order to restrict U.S. companies from investing in some high-tech industries in China, according to CCTV citing Bloomberg's earlier report. Among t...
NEW YORK/WASHINGTON, Aug 9 (Reuters) - President Joe Biden on Wednesday signed an executive order that will prohibit some new U.S. investment in China in sensitive technologies like computer chips and require government notification in other tech sectors. The long-awaited orderauthorizes the U.S...
After weeks of media hype and speculation, US President Joe Biden on Wednesday US time signed an executive order to ban new US investments in key technology industries in China that could be used to bolster its military capabilities. The order will ban US venture capital and private equity firm...
The US Treasury has issued a proposed rule that would ban or screen American investments in China’s semiconductors and microelectronics, quantum information technologies, and artificial intelligence sectors. This is part of President Biden’s aim to “prevent the exploitation of U.S. outbound investm...
China. The companies will also be banned from making new investments within the country.Disregarding strong objections from China, these 10 companies have in recent years either participated in arms sales to Taiwan or engaged in so-called military technology cooperation with Taiwan, the ministry said...
A White House official told the Associated Press that the US was “pausing and reviewing” its aid to “ensure that it is contributing to a solution.”
“U.S. investors will need to engage in more extensive due diligence when making investments in China or investments involving Chinese companies that operate in the covered sectors.” Black also highlighted that the proposed rules would impact U.S.-managed private equity and venture capital funds,...
Trump May Request Supreme Court to Halt Tariff Ban as Early as Fri 2025/05/30 00:11 CST Recommend 7 Positive 7 Negative 14 EIA Crude Oil Stocks Change for May/23 in United States is -2.795M, lower than the previous value of 1.328M. The forecast was 0.6M. 2025/05/30 00:00 CST Re...
“The main reason is U.S.-China rivalry, and the U.S. government prioritizes ‘national security’ over economic interests in dealing with China.” Lizhi Liu, an assistant professor of business at Georgetown University, said the trend, along with the decline of U.S. investments in China,...