In the US, prior restrictions on China trade have relied on limiting sales of sensitive technology by US firms and screening Chinese investments in American companies. The Trump administration has also barred investments in firms tied to China’s military. The US will ban American investment in some areas of China’s high-tech sector, including artificial intelligence, adding to strained relations between the two superpowers. The order by US President Biden formally kicks off the push to craft rules to bar American businesses from investing in firms from “countries of concern” that are active in quantum computing, advanced semiconductors and certain areas of artificial intelligence. What is your take on the new move by the United States of America against China ?
