U.S. media reports that the US government is planning to be administrative orders to restrict US companies' investment projects in some Chinese economic fields, such as advanced technologies that can increase China's military and intelligence capabilities.Administrative orders are now in the upcoming stage.
Bloomberg News reported on Sunday (March 5) that a report submitted to the US Congress showed that President Biden will submit a financial budget funding for this.
People familiar with the matter said that American officials have found that investment projects in China usually bring intangible benefits, such as management and technical expertise that can help Chinese companies grow rapidly.Administrative orders will be targeted at investment projects with clear national security purposes, such as artificial intelligence and password cracking technology.
The investment projects of American companies in the Chinese technology industry are currently not limited by the US government.Investment projects involved in some US companies involve the development of cutting -edge super computing capabilities and other Chinese companies that can be used for military purposes.
The U.S. government is formulating this restriction order with allies and partners, and has submitted two reports to the US Congress on Friday (3rd) to outline the cost of establishing the so -called "foreign investment plan" with the Ministry of Finance.Essence
The report said that the final version of the plan will be released in the near future, and public opinions will be solicited at that time.
