(Washington Composite Television) The informed person revealed that the US President Biden plans to sign an administrative order in mid -August to restrict the investment in key technical fields of US companies in China.
Bloomberg quoted people familiar with the matter reports that this administrative order will focus on semiconductor, artificial intelligence and quantum computing, which will not affect existing investment projects and will only prohibit specific transactions.Some transactions must also be notified to the government.
The administrative order is expected to be signed in the second week of August, and it will take effect next year.There will be a long process of soliciting opinions during the period to provide feedback from the stakeholders.
Earlier reports have been reported many times that Biden Deng is about to sign the administrative order, but in the end it has not been implemented.It is difficult to protect this time.However, sources said that internal discussions within the US government have advanced from specific measures to how to implement administrative orders and related regulations.
A spokesman for the National Security Council refused to comment on the news.
The U.S. government restricts investment in China, with the goal of limiting the next -generation technology that China's development is vital to national and economic security.
Chinese ambassador to the United States Xie Feng said last week that if the United States exerts new restrictions on technology and funds flowing to China, the Chinese government will take revenge measures and "will not sit and see it."But Xie Feng did not further explain what measures China plans to take.
U.S. Treasury Minister Yellen in mid -July was interviewed by Bloomberg TV in mid -July that the scope of investment restrictions on China that the Biden government is planning to invest in China is narrow, and it will not have a wide impact on investment in China, and it will not have a investment environment in China.Fundamental impact.
Yellen emphasized that these restrictions and existing export controls are not to retaliate against any specific actions in China, nor to curb China's economic growth.
The US Senate voted on Tuesday (July 25) and passed the amendments to the National Defense Authorization Law, stipulating that when investing in semiconductors and artificial intelligence in China and other US -concerned countries in China and other US -concerned countries, it is necessary to notify federal agencies.
