New U.S. Rules to Curb Investments in China’s AI, Semiconductors

The U.S. government is finalizing rules to curb investments in sensitive technologies in China, including AI, semiconductors, and quantum computing. These rules will require notification of outbound investments that could support China’s military modernization. The regulations are part of President Joe Biden’s efforts to limit U.S. capital, technology, and expertise from enhancing Chinese military capabilities. Former Treasury official Laura Black suggested the department may aim to finalize the rules before the presidential election.