The U.S. seeks to expand restrictions on export controls that might prevent the Chinese regime from accessing its most powerful computing technologies.

According to Bloomberg, this early-stage plan is designed to restrict the still-experimental field of quantum computing and artificial intelligence software.

In addition, the U.S. is also drafting an executive order that establishes a mechanism to review outbound investments. The rule will examine funds going to certain Chinese technologies and might cover issues regarding artificial intelligence and quantum computing controls. 

If carried out, the latest move comes after the U.S. announced earlier this month its export restrictions on advanced chip-making equipment to China to curb its access to cutting-edge American technologies.

The restrictions aim to limit China’s access to chips used in artificial intelligence and supercomputing that the regime exploits to build its chip industry and enhance its military.

Last week the U.S. unveiled its national strategy, saying that China increasingly becomes a major competitor and poses a significant challenge to the U.S… It said China “is the only competitor with both the intent to reshape the international order and, increasingly, the economic, diplomatic, military, and technological power to do it.”

In recent years, the Chinese regime has pushed its ambition to achieve global chip dominance as a part of its Made in China 2025 plan. 

It founded an investment fund focusing on semiconductors in 2014 as part of the regime’s effort to boost its chip industry. The fund received an initial $22 billion investment and announced another $33 billion investment in 2019.

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