The Biden administration is planning to establish fresh guidelines for American investments in China, with a particular focus on sensitive technologies like artificial intelligence, quantum computing, and advanced semiconductors.
Under the new restrictions, certain advanced-technology industries in China will be off-limits for U.S. venture-capital and private-equity firms. Additionally, U.S. companies investing in various sectors of the Chinese economy will be required to provide greater transparency and disclosure.
The goal is to protect national security by preventing the use of U.S. and allied technology against their interests.