The US plans to prohibit some investment into three Chinese sectors, including quantum computing, to protect American technology and capital from China’s military.
President Joe Biden unveiled the new order on yesterday (9 August), stating that investment into the Chinese advanced chips and artificial intelligence sectors would also be monitored. He said technological progress in these sectors posed "significant national security risks" such as using computers to develop sophisticated weapons or even break into data protected by advancing cryptographic coding. China moves into deflation as prices fall for first time since early 2021 The US government also said it will require US firms to notify the Treasury Department of such investments in C...
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