U.S. Treasury Department Limits Investments in China's Military Technology

Monday, 28 October 2024, 16:16

China military technology investments are now limited by the U.S. Treasury Department. This significant move targets American investments in key sectors to safeguard national security interests. By restricting funding in artificial intelligence and other advanced technologies, the administration aims to hinder potential advancements of the Chinese military.
Newsweek
U.S. Treasury Department Limits Investments in China's Military Technology

New Regulations on Investments

The U.S. Treasury Department issued a rule this week seeking to limit U.S. investments in China's military technology sector. Here’s what you need to know:

  • Scope: The rule specifically targets investments in artificial intelligence, semiconductors, and quantum computing.
  • Objective: The goal is to monitor and restrict American capital flow to these sectors to prevent any potential advantages for the Chinese military.

Background of the Rule

This measure is part of a larger strategy initiated by President Joe Biden through an executive order issued in August 2023. The administration aims to safeguard U.S. technological advantages while maintaining national security.


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