New York [US], June 23 (ANI): The Joe Biden administration is mulling to curb US investment in critical Chinese technology industries that are crucial to modernising China’s military. The proposed Treasury Department rules would prohibit certain US investments in Chinese companies that are developing semiconductors, quantum computers and artificial intelligence systems. The Biden administration is trying to restrict American financing from helping China develop advanced technology that could be used for weapons tracking, government intelligence and surveillance, The New York Times reported. Th…
