The U.S. government is finalizing rules to limit investment of its U.S. companies in artificial intelligence and other technology sectors in China that could pose a threat to U.S. national security.
Starting January 2, the newly established Office of Global Transactions within the U.S. Treasury will oversee this new regulation, which targets technologies including semiconductors and microelectronics, quantum information technologies, and specific AI systems.
The goal is to prevent U.S. technology and expertise from aiding other nations, particularly China, in developing advanced military and intelligence technologies, such as systems capable of bypassing U.S. cyber defenses or enhancing next-generation fighter jets.
The Biden Administration stated, however, that it will still permit trading of certain Chinese stocks, albeit under defined restrictions.
