The new regulations will stop the flow of US investments into Chinese firms working on advanced semiconductors, artificial intelligence, and quantum computing.
Artificial intelligence, semiconductors, and quantum technology in China may face a total investment ban to be imposed by the U.S. government. 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 ...
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...
President Bidensqueezed China with an executive order on Wednesday that will ban new American investment in technologies that could undermine U.S. national security. The order allows the Treasury Department to restrict U.S. investments in China's semiconductor and microelectronics, quantum informa...
Edward Tse, founder and CEO of Gao Feng Advisory Company, said that despite the US government's efforts to decouple from China in recent years, big US companies have not fully followed this strategy, largely due to the importance of the Chinese market and their existing investments in the cou...
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...
Republicans said the order was rife with loopholes, such as only applying to future investment, and was not aggressive enough. SOME EXEMPTIONS EXPECTED The order will prohibit some deals and require investors to notify the government of their plans on others. ...
Edward Tse, founder and CEO of Gao Feng Advisory Company, said that despite the US government's efforts to decouple from China in recent years, big US companies have not fully followed this strategy, largely due to the importance of the Chinese market and their existing investments in the cou...
The report noted that there are no legal limitations on American VC investments into Chinese startups, although the report took the stance that Congress should consider a ban on outbound investments in industries and companies related to the mentioned critical technologies and companies with ties to...
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