Biden designs to bar some U.S. investments in China, track some others

Biden designs to bar some U.S. investments in China, track some others

WASHINGTON, Feb 10 (Reuters) – The Biden administration programs to outright ban investments in some Chinese technologies businesses and improve scrutiny of other individuals, 3 sources stated, element of its program to crack down on the billions that American firms have poured into delicate Chinese sectors.

The ban is expected to utilize to some investments tied to chip production, two of the sources reported. The upcoming regulations are possible to observe sweeping new limits the U.S. positioned on exports of American synthetic intelligence (AI) chips, chipmaking instruments, and supercomputers, between other technologies, to China in October, resources also reported.

The

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