US proposes rules to prevent Americans from investing in Chinese technology for military use | News, Sports, Jobs

FILE – The Treasury building is seen in Washington, May 4, 2021. The Treasury Department has fleshed out its proposed rule that would restrict and monitor U.S. investments in China in artificial intelligence, computer chips and technology. quantum computing. The proposed rule, issued Friday, June 21, 2024, stems from President Joe Biden’s August 2023 executive order regarding “countries of concern” access to U.S. dollars funding advanced technologies that the U.S. government said would strengthen their military, intelligence and surveillance. and cyber capabilities. (AP Photo/Patrick Semansky, file)

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