Business StandardCenter·
US proposes rule to crack down on high-tech investments in China, others
The US Treasury Department proposed a rule on Thursday to crack down on American high-tech investments such as supercomputing and artificial intelligence in China, Russia, North Korea and other "countries of concern". The US government has been working for years to deny China and other adversaries investments that could help them boost their military power. That programme began in 2023 when then-President Joe Biden signed an executive order putting restrictions on outbound US investments in sec…
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