The US administration has announced its final rules to restrict certain investments in China related to semiconductor, quantum, and artificial intelligence systems. The US Treasury Department’s statement highlighted regulations limiting investment in advanced technology products with military applications developed by China. Referring to a decree issued by US President Joe Biden last year, the announcement indicated the establishment of rules for its implementation. It was noted that the technology areas where investments are restricted include semiconductors, microelectronics, quantum information technologies, and some artificial intelligence systems, with the rules set to take effect on January 2, 2025. The statement mentioned that US citizens are prohibited from certain transactions in these areas and are required to notify for certain other transactions, along with providing information on some exceptions. The announcement also discussed possible sanctions for rule violations, emphasizing the Treasury’s authority to enforce penalties. The US Treasury Department had previously reported that Biden issued a Presidential Decree last year to address the national security threat posed by countries seeking to develop sensitive or advanced technologies and products critical for military, intelligence, surveillance, or cyber capabilities. The statement pointed out China’s utilization of US investments to advance its production capabilities in sensitive technologies, highlighting that the decree will hinder US investments from accelerating these technologies in China.
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