US Treasury proposes rule to restrict high-tech investments in China and adversaries

Summarised from 2 outlets · Updated 22 Oct, 22:32 · Archive

The US Treasury has proposed a rule to crack down on American high-tech investments in China, Russia, North Korea and other adversaries.

The US Treasury Department proposed a rule on Thursday to crack down on American high-tech investments in China, Russia, North Korea and other countries of concern. The measure aims to deny adversaries investments that could boost their military power.

The rule implements a December 2025 law passed by Congress that codified and expanded an earlier programme begun in 2023 under President Joe Biden. The Comprehensive Outbound Investment National Security Act targets investments in hypersonic systems, supercomputing, biotechnology and artificial intelligence. The restrictions would apply only to investments exceeding $50,000 and would exclude most financial investments, including stock purchases.

The inclusion of Russia in the rule comes days after President Donald Trump waived sanctions on Russia following a diesel deal with President Vladimir Putin. The United States and China, the world's two biggest economies, have been locked in an economic and technology rivalry since Trump's first term, restricting sensitive technology exports and imposing tariffs on each other's products.

Treasury will hear public comments on the proposal before issuing a final rule.

How it is being reported

• US Treasury proposes a rule to crack down on high-tech investments in China, other adversariesThe U.S. Treasury Department has proposed a rule to crack down on American high-tech investments in China, Russia, North Korea and other “countries of concern.Clickorlando · 22 Oct, 22:14
• US Treasury proposes a rule to crack down on high-tech investments in China, other adversariesThe U.S. Treasury Department has proposed a rule to crack down on American high-tech investments in China, Russia, North Korea and other “countries of concern.News4Jax · 22 Oct, 22:14

In this story: US Treasury Department · China · Russia · North Korea · Congress · Joe Biden · Donald Trump · Vladimir Putin

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