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US proposes rules to stop Americans from investing in Chinese technology with military uses Allenhurst
- Location: 45667, Allenhurst, Georgia, United States
WASHINGTON -- The Treasury Department on Friday fleshed out a proposed rule that would restrict and monitor U.S. investments in China for artificial intelligence, computer chips and quantum computing.
The Biden administration has sought to stymie the development of technologies by China, the world's second-largest economy, that could give it a military edge or enable it to dominate emerging sectors such as electric vehicles.
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