China Condemns U.S. Investment Restrictions on AI and Tech

China is gravely concerned and firmly opposed to U.S. proposed rules for curbing certain investments in China, particularly in artificial intelligence and technology sectors. The Chinese commerce ministry urged Washington to cease politicizing economic and trade issues and lift the imposed restrictions.


Reuters | Beijing | Updated: 24-06-2024 09:31 IST | Created: 24-06-2024 09:31 IST
China Condemns U.S. Investment Restrictions on AI and Tech
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China is gravely concerned and firmly opposed to U.S. proposed rules for curbing certain investments in China, and reserves the right to take corresponding measures, the Chinese commerce ministry said on Monday.

The U.S. should "stop politicising and weaponising economic and trade issues, and lift investment restrictions on China," the ministry said in a statement.

Washington issued on Friday draft rules for banning or requiring notification of certain investments in artificial intelligence and other technology sectors in China that could threaten U.S. national security.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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