The U.S. Treasury has proposed a rule aimed at tightening restrictions on high-technology investments in China and other adversaries, according to an Associated Press report. The report’s title specifically identifies China and Russia.
The supplied source material establishes that this is a proposal by the Treasury, rather than a reported completed enforcement action or a new product-access change. It frames the measure as a crackdown on high-tech investments and identifies investments as its subject.
The supplied excerpt does not establish the proposed rule’s publication date, legal authority, covered technologies, transaction thresholds, reporting duties, exemptions, penalties, effective date, or whether any restrictions would take effect. It also does not establish the final set of countries, companies, investors, or transactions covered, nor whether the proposal changes an existing rule.