U.S. Congress to Vote on Expanded Restrictions Targeting China Investments and Technology

The proposed legislation aims to address national security concerns by limiting U.S. investments in Chinese technologies and reviewing property purchases near sensitive sites.

• The legislation builds on Treasury Department rules set to take effect January 2, which restrict U.S. investments in Chinese artificial intelligence and other sensitive technology sectors.
• Provisions in the bill include a study of vulnerabilities in U.S.-based modems and routers and a mandate to review Chinese property purchases near national security-sensitive sites.
• The Federal Communications Commission would be required to list all entities with foreign adversarial government ownership holding FCC licenses or authorizations.
• Lawmakers have criticized U.S. investment flows into Chinese companies believed to support China's military development, citing risks to national security.
• China has warned that such measures could destabilize global supply chains and called on the U.S. to avoid politicizing economic and trade issues.

3 Articles

Newsweek CNA