US to ban outbound investment in Chinese chips, artificial intelligence over national security

US to ban outbound investment in China semiconductors, quantum technologies And artificial intelligence from Jan. 2 if they are deemed to threaten U.S. national security, a key step in the Biden administration’s efforts to address concerns about the mainland’s progress in advanced technology.

On Monday, the US Treasury published final rules prohibiting participation in certain transactions with mainland China. Hong Kong And Macau The department said it includes a “certain set of technologies and products” that pose a threat to national security, requiring them to notify the Treasury of such transactions.

The Treasury said in a statement that the deals would cover semiconductor and microelectronics technologies, as well as quantum information technologies, as well as artificial intelligence, which it said is “fundamental to the development of the next generation of technologies.” military, observationintelligence and certain cybersecurity applications” such as next generation fighter jets.

High-ranking officials of the US presidential administration Joe Biden said the rules would ensure that U.S. investments are not “exploited” in the development of advanced technologies that will help modernize the economy. Chinese military forces.