US to ban investment in Chinese high tech – WSJ ...News

News by : (Russia Today) -
Lawmakers are reportedly working on a new system to regulate US investment in advanced technologies abroad Washington plans to prohibit investment in the high-tech sectors of rival economies, The Wall Street Journal reported on Friday, citing sources and reports on the proposed regulation from the US Treasury and Commerce Department. The restrictions will likely target private and venture capital investments in the production of semiconductors, artificial intelligence and quantum computing, and will mostly be aimed against China, sources close to the discussions about the new regulations told the news outlet. The

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