Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Lebanese Ministry of Health: One person was killed in an Israeli airstrike on a car in the town of Burj Qalawieh, south Lebanon.
Al Mayadeen correspondent: The first ship of the Maghreb fleet delivering aid to break the siege on Gaza departs from the port of Gammarth in Tunisia.
Channel 12: Airspace closed at Ramon Airport due to fears of drone infiltration
IOF Spokesperson: Sirens sounded over an aircraft infiltration in the Bir Ora area, and details are being examined
Drone infiltration sirens sound north of the Gulf of Aqaba
Al Mayadeen's correspondent in Gaza: The Israeli occupation carried out five extremely violent raids on the western areas of Gaza City
Al Mayadeen's correspondent in Gaza: The Israeli occupation carried out major bombings in the Gaza Strip, the most violent since October 7
Yemeni Armed Forces spokesperson Brigadier General Yahya Saree: The missile force carried out a major operation using the Palestine 2 ballistic hypersonic missile, hitting several targets in occupied Yafa.
Sirens sound in large areas of occupied Palestine after a missile launch from Yemen was detected
Al Mayadeen's correspondent: 14 martyrs arrive at al-Shifa Hospital following Israeli massacre of al-Sultan Family north of Gaza.

Congress to vote on expanded limits to US investments in China

  • By Al Mayadeen English
  • Source: Agencies
  • 18 Dec 2024 13:31
4 Min Read

China's Foreign Ministry criticized the proposed measures, describing them as "artificial obstacles" to normal economic and trade exchanges.

Listen
  • x
  • Congress to vote on expanded limits to US investments in China
    US and Chinese flags are set up at the Diaoyutai State Guesthouse in Beijing, on July 8, 2023 (AP)

The US Congress is scheduled to vote in the coming days on legislation that would impose restrictions on American investments in China, as part of a broader spending bill to fund government operations through mid-March, Reuters reported on Wednesday, citing lawmakers.

In October, the US Treasury Department finalized regulations, effective January 2, limiting US investments in artificial intelligence and other critical technology sectors in China that allegedly pose risks to US national security.

The new bill expands on these measures, introducing additional provisions addressing concerns related to China. This includes a mandate to assess national security risks allegedly posed by Chinese-made consumer routers and modems, as well as a requirement for reviews of Chinese real estate acquisitions near sensitive national security sites.

"China is an economic adversary and we must take bold action to safeguard our future against the Chinese Communist Party," stated Democratic Senator Bob Casey.

He indicated that "this legislation takes bold action to restrict U.S. investments to stop our national security technology from getting into the hands of our adversaries before they can use it against us."

In response, China's Foreign Ministry criticized the proposed measures, describing them as "artificial obstacles" to normal economic and trade exchanges that disrupt global industrial and supply chain stability, to the detriment of all parties involved.

Ministry spokesperson Lin Jian urged US politicians to cease politicizing and weaponizing economic and trade issues and instead focus on fostering conditions for mutual cooperation between the two nations.

Related News

DPRK defies US, says nuclear state status 'permanently enshrined'

US, China to resume talks in Madrid; tariffs, TikTok on agenda

The bill also mandates that the US Federal Communications Commission (FCC) publish a list of entities with FCC licenses or authorizations that are partially owned by foreign adversarial governments, including China, ensuring that the commission is aware of any potential foreign influence within telecommunications and technology sectors.

Reuters pointed out that the US is intensifying its efforts to restrict Chinese products across various sectors. A forthcoming defense bill may prohibit China-based companies, such as DJI and Autel Robotics, from selling new drones in the US market.

Meanwhile, the US Commerce Department is finalizing regulations that would block Chinese automakers from selling vehicles in the US and restrict China Telecom's operations on US soil.

Lawmakers have also raised concerns about American index providers directing billions of dollars from US investors into Chinese companies allegedly supporting the development of China's military capabilities.

The Treasury Department's regulations and the new legislation specifically target sectors such as semiconductors, microelectronics, quantum information technologies, and certain AI systems, aiming to prevent US investments in technologies critical to China's military, including advanced code-breaking systems and next-generation fighter jets.

"For years I have watched American dollars and intellectual property fuel the Chinese Communist Party's technology and capabilities," said Representative Rosa DeLauro, the leading Democrat on the House Appropriations Committee.

She indicated that "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."

Additionally, the outbound investment legislation builds on the technologies outlined in the Treasury order, incorporating additional AI models utilizing specific semiconductors, AI systems tailored for exclusive military or government surveillance purposes, hypersonic systems, and other export-controlled technologies.

Read more: China retaliates, bans export of critical microchip elements to US

  • United States
  • Congress
  • US
  • China

Most Read

The damaged building in the Katara neighborhood, Doha, Qatar, September 9, 2025 (Social media)

Hamas delegation survives Israeli assassination attempt in Qatar

  • Politics
  • 9 Sep 2025
Israeli police and rescue teams respond at the scene of a shooting attack where several people killed and injured in Jerusalem, Monday, Sept. 8, 2025 (AP)

Al-Quds shooting: 7 settlers killed, several critically injured

  • Politics
  • 8 Sep 2025
Pro-"Israel" conservative Charlie Kirk shot during Utah speech

Pro-'Israel' far-right Charlie Kirk shot dead during Utah speech

  • US & Canada
  • 11 Sep 2025
Uprising against Volker Turk at the Human Rights Council over Gaza.

Uprising against Volker Turk at the Human Rights Council over Gaza

  • Politics
  • 12 Sep 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
People protest against Israeli Prime Minister Benjamin Netanyahu during the 79th session of the United Nations General Assembly, in New York, on Friday, September 27, 2024 (AP)
Politics

'Israel' stops unfunded diplomacy ahead of UN, October 7 memorial

An Israeli Air Force fighter jet releases flares over the Gaza Strip, is seen from southern occupied Palestine, Thursday, May 8, 2025 (AP)
Politics

OIC summit draft: Israeli attack on Qatar risks normalization

People shout slogans and hold Palestinian flags while protesting during the twenty-first stage of La Vuelta cycling race from Alalpardo to Madrid, Spain, Sunday, Sept. 14, 2025. (AP)
Sports

Pro-Palestine protests force abrupt end to Vuelta a España finale

Damage is seen after an Israeli strike targeted a compound that hosted Hamas' political leadership in Doha, Qatar, on Wednesday, September 10, 2025 (AP)
Politics

Israeli regime faces growing isolation over Qatar strike: Reports

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS