Treasury seeks new restrictions on U.S. security-linked funding in China
The U.S. is expanding restrictions on foreign investment in China, ranging from current curbs on artificial intelligence to a ban on technology related to key Chinese weapon developments, according to a proposed Treasury Department rule.
TL;DR
- US proposes expanding restrictions on foreign investment in China.
- Restrictions include current curbs on artificial intelligence.
- A ban is proposed on technology related to key Chinese weapon developments.
- The proposed rule is from the Treasury Department.