Washington prohibits investments in the fields of advanced technology in China
- Europe and Arabs
- Thursday , 10 August 2023 12:11 PM GMT
Washington prohibits investments in the fields of advanced technology in China
Washington-Moscow: Europe and the Arabs - Agencies
The United States imposed a ban on foreign investments by American companies in the fields of advanced technology, especially artificial intelligence and quantum computing, in a number of countries, led by China.
Today, Thursday, the American (Al-Hurra) channel stated that the decision emanating from a decree issued by President Joe Biden is supposed to allow “the defense of American national security by protecting sensitive technologies for the new generation of military innovations,” according to the ministry, which, on the other hand, stressed the limited nature. We are very keen on our adherence to foreign investments" of American companies.
An official in the US administration stated that China seeks to acquire and produce basic technologies that can help modernize its army, adding that this decree aims specifically to limit US investments in companies involved in this effort. The new rules require US companies and individuals to report certain transactions to the administration, while expressly prohibiting other transactions when they involve entities related to the advanced technologies referred to in the decree.
On the other hand, Russian Deputy Foreign Minister Mikhail Galuzin said that the American company "Microsoft" provides support to Ukraine and pursues a policy hostile to Moscow.
Galuzin added - in statements reported by Russia Today news channel today, Thursday, that "Microsoft is one of those companies that have injected themselves not only with anti-Russian rhetoric, but also have taken concrete steps against the interests of our state."
He pointed out that since the beginning of the special military operation, this company has provided various support to the Kiev regime under the pretext of strengthening its cyber defense, moreover, it regularly accuses Russia of organizing cyber attacks on Ukrainian resources, while the facts of sabotage and systematic cyber attack against Russia's vital infrastructure are overlooked and hidden.
The Russian diplomat pointed out that Microsoft's approach testifies once again that Bill Gates, founder of the company, employs and directs his activities in line with the political guidelines of the United States.
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