![Pinterest](https://pinterest.com/pin/create/button/?url=https://uknews.evprotec.com/us-to-bar-and-screen-some-tech-investments-in-china/&media=https://uknews.evprotec.com/wp-content/uploads/2023/08/130708963_whatsubject.jpg&description="Whether this is good or bad is going to depend on implementation," she said. "The US government has to be very careful not to allow this to expand and expand and it needs to find ways to have some amount of exchange of information in ways that don't challenge national security so that we're not cutting ourselves off from opportunities for new scientific discoveries."){kind=link}
The US plans to require American companies to disclose investments they make in China in high-tech sectors such as artificial intelligence, and to prohibit certain investments outright.
The much anticipated move gives the government new power to screen foreign dealings by private companies.
The US said the measure would be narrowly targeted, but it is poised to further chill economic relations between the two superpowers.
China has called the plans “arbitrary”.
“China opposes US politicising and weaponising trade and tech issues,” the country’s foreign ministry said at a press briefing in July, before the order was formally announced. “It is in no one’s interest to place arbitrary curbs on normal technology cooperation and trade.”