Politico learned about the preparation of the US "unprecedented measures" against China US may limit US investment in China

and ban transactions in "critical sectors," Politico learned. The publication notes that this happens at a "delicate moment", Joe Biden and Xi Jinping (on screen)

The administration of US President Joe Biden is preparing to announce "unprecedented" measures to limit US investment in CHINA, which will be aimed at curbing Beijing's technological and military development. it is reported by Politico, citing informed sources.

According to them, the US authorities may announce new measures as early as the end of April. Among the possible restrictions, Politico's interlocutors name:

requiring US companies to notify the government of new investments in China; a ban on technology companies from certain transactions with China in "critical sectors", including the purchase of microchips.

Politico notes that the decision on the new restrictions comes at a "especially delicate moment" for the Biden administration, which is trying to ease tensions and maintain trade ties with Beijing as both economies teeter on the brink of recession.

“We want to make sure we’re doing it right <...> by consulting with allies and industry, and then moving on to the normal procedures for the decree in accordance with the rules,” the publication quotes the words of a senior official in the US presidential administration.

The US authorities are consistently imposing restrictions that are designed to prevent China from developing high technology. Washington is confident that Beijing's actions threaten US national security. In particular, last October, the United States banned the EXPORT of certain chips used to run AI and supercomputers without a license from the Department of Commerce.

Read pioneerprodukt.by Waste cadastre: reporting, for which a fine of ₽400,000 is threatened. What apartments are currently being bought in RUSSIA by owners of super-large budgets Five of the best yoga asanas to open the chest When to change a doctor:five red flags

On the development of a decree that will limit US investment in China's technology sector , BLOOMBERG reported in early March. According to the agency, the restrictions were to affect the development of advanced technologies that could enhance China's military and intelligence capabilities.

China, in response to US restrictions, banned its entrepreneurs from exporting and importing activities with US arms manufacturers Lockheed Martin and Raytheon Missiles & Defense because of arms supplies to Taiwan.

According to experts interviewed by the FT, the new US measures could push Chinese companies back to the Stone Age. Paul Triolo, a spokesman for consulting firm Albright Stonebridge, said the restrictions would affect many companies as "the tsunami of change brought about by the new regulations will overwhelm the semiconductor and related industries."

Read together with it: