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Efosa Udinmwen

US government to restrict investments in China's high-tech sectors to safeguard national security

United States China National Security Joe Biden Semiconductor
Microchip on a motherboard with Flag of China and USA. Concept for the battle of global microchips production.
  • The US Treasury has issued a final rule on Executive Order restricting investment in certain Chinese industries
  • AI, semiconductors, and microeletronics are all on the list of restricted investments
  • Move is the latest salvo in tech trade war between US and China
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