U.S. Treasury enacts rule limiting US investments in China's military tech sectors by 2025, per Biden's order.
The U.S. Treasury Department has enacted a rule to limit American investments in China's military technology sectors, including artificial intelligence and semiconductors, effective January 2, 2025. This decision follows an executive order by President Biden aimed at safeguarding U.S. national security. The rule prohibits investments that could benefit China's military capabilities and requires U.S. investors to notify the government of certain transactions. Violations may incur significant fines.
5 months ago
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