Tech

U.S. Outlines Curbs on Investment in China’s ‘Sensitive Technology’ Sectors

The Takeaway The U.S. Treasury Department has published the fine print on a new set of restrictions on outbound investment in China’s high-tech sectors. These restrictions are part of Washington’s ongoing efforts to limit Beijing’s ability to use U.S. technologies for its military advancement. The new rules are expected to impact a range of cross-border companies and investors and prompt policy changes by Washington’s allies, including Canada. In Brief The regulations, which take effect on January 2, 2025, will impact investments by U.S. individuals and companies in critical technology sectors in the People’s Republic of China and the special administrative regions of…