Looming U.S. Investment Restrictions on China Threaten Diplomatic Outreach

Efforts to ease tensions between the United States and China through a series of diplomatic visits to Beijing could be undermined as the White House presses ahead with plans to impose new restrictions on American investments in Chinese companies involved in quantum computing, artificial intelligence and semiconductors.

The looming restrictions were a central topic of discussion between Treasury Secretary Janet L. Yellen and senior Chinese officials during her four-day trip to China, which concluded on Sunday.

The Treasury Department has sought to narrow the scope of the restrictions, which target private equity and venture capital investment in a few limited — […]

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By Donato