U.S. readies targeted screening for investment in Chinese tech

Published on March 25, 2023

The United States is considering trialing a narrowly-tailored mechanism to screen outbound investments into China. A particular focus is on investments aimed at sensitive industries in China, including artificial intelligence, semiconductors, and quantum technology.

The new program, which could be considered a ‘reverse CIFUS,’ is ostensibly designed to stunt Chinese military modernization. It would require that American companies notify Washington prior to ‘potentially problematic investments.’ An executive order from President Biden could be released in the coming weeks or months after a flurry of legislative and lobbying activity.

Read the full article here.

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