UK considers tighter rules on investment in China after US clampdown
by Anna Isaac City editor from US news | The Guardian on (#6DQB0)
Rishi Sunak mulls whether to follow US lead in restricting funding for advanced technologies
The British government is considering tightening rules on investment in China after the US president announced new measures aimed at limiting the dollars and expertise flowing into sensitive technologies in the country.
Joe Biden signed an executive order on Wednesday that authorises the US treasury secretary to prohibit or restrict US investments in Chinese entities in three sectors: semiconductors and microelectronics; quantum information technologies; and certain artificial intelligence systems.
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