US unveils final rules to limit AI, semiconductor, other tech investments in China
Diplomatic CircuitOct 29, 2024
The United States issued final rules Monday to curb US investments in artificial intelligence, semiconductors and other technology sectors in China, calling them a national security measure to keep those advanced technologies away from "countries of concern." The Treasury Department unveiled the rules -- effective Jan. 2 next year -- to implement an executive order signed by President Joe Biden in August 2023, as Washington has been striving to limit China's access to critical tec