In a move signaling heightened tensions in the US-China technology competition, China is preparing to block US investments in its top AI companies unless government permission is granted. This development, reported by Bloomberg, highlights Beijing’s efforts to tighten control over its tech sector amid growing concerns about foreign influence and security. The new restrictions encompass major tech enterprises and emerging AI startups, marking a shift from previous policies focused mainly on chips and exports to now include capital flow and AI model ownership.
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