US Treasury proposes a rule to crack down on high-tech investments in China, other adversaries
- On Thursday, the Treasury Department proposed rules to restrict American high-tech investments in China, Russia, North Korea, and other "countries of concern" to prevent military advancement.
- Congress passed the Comprehensive Outbound Investment National Security Act in December 2025, expanding bipartisan restrictions first established by President Joe Biden in 2023 through executive order.
- Investments exceeding $50,000 trigger the rules, which ban artificial intelligence termed "superintelligence" due to rapid advances. Treasury Assistant Secretary Chris Pilkerton said measures target "the network, the supply chain, and things like that."
- Treasury excluded Venezuela because Nicolas Maduro's government "no longer exists" following his capture, while rules exempt licensing agreements for U.S. pharmaceutical companies including Pfizer.
- Public comment periods close December 7 before final rules take effect. Russia's inclusion follows President Donald Trump's recent sanction waiver, reflecting tensions between security concerns and diplomatic engagement.
111 Articles
111 Articles
Beijing condemned on Friday the US proposal to restrict investments in Chinese biotechnology companies, warning that this initiative "is not in anyone's interest," reports AFP, according to Agerpres.
Treasury seeks new restrictions on U.S. security-linked funding in China
The U.S. is expanding restrictions on foreign investment in China, ranging from current curbs on artificial intelligence to a ban on technology related to key Chinese weapon developments, according to a proposed Treasury Department rule. Source: The Washington Times
US moots curbs on funds to Chinese biotech firms
The administration of US President Donald Trump is seeking to restrict investment in Chinese biotechnology companies, potentially complicating financial ties at a time when US drugmakers are increasingly turning to China for new medicines.The US Department of the Treasury on Thursday proposed adding
Treasury proposes rule to crack down on AI, biotech investments greater than $50,000 in China, Russia and other ‘countries of concern’
The U.S. has been working for years to deny China and other adversaries investments that could help them boost their military power
Coverage Details
Bias Distribution
- 48% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
