Congress to vote on new restrictions on U.S. investment in China

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The bill will also require the Federal Communications Commission to publish a list of every entity that both holds an FCC license or authorization and has any ownership by foreign adversarial governments

Representative Rosa DeLauro, the top Democrat on the House Appropriations Committee, said 'this legislation builds on the regulations put into place this year by the Biden Administration, and sets the stage for continued bipartisan efforts to protect and rebuild our critical national capabilities.'Congress is set to vote in the coming days on legislation restricting U.S.

The bill expands on those restrictions and also includes other provisions aimed at concerns about China, including a requirement to study national security risks posed by Chinese-made consumer routers and modems and mandate reviews of Chinese real estate purchases near additional national security sensitive sites., including China to ensure the commission “knows when telecommunications and technology companies have a connection and foreign adversary.

The Treasury rules and legislation cover semiconductors and microelectronics, quantum information technologies and certain AI systems aimed at preventing investments in Chinese technologies like cutting-edge code-breaking computer systems or next-generation fighter jets.

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