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Top related persons:
Paul Rosen - 2 Biden - 2 Thea Rozman Kendler - 2 David Shepardson - 2 Karen Freifeld - 2 Bill Hagerty - 1 Kendler - 1 Daphne Psaledakis - 1
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Search resuls for: "Thea Rozman Kendler"


3 mentions found


☆ US seeks to curb investment in Chinese chips, AI and quantum computing
  + stars: | 2023-05-31 | by ( Karen Freifeld | ) www.reuters.com   time to read: +2 min
WASHINGTON, May 31 (Reuters) - New rules under consideration would restrict the flow of U.S. investments and know-how into Chinese companies working on advanced semiconductors, artificial intelligence and quantum computing, a U.S. Treasury official said on Wednesday. Reuters reported in February that the Biden administration plans to ban investments in some Chinese technology companies and increase scrutiny of others, three sources said, as part of its plan to crack down on the billions that American firms have poured into sensitive Chinese sectors. China hawks in Washington blame U.S. investors for transferring capital and valuable know-how to Chinese tech companies that could help advance Beijing's military. Separately, Republican Senator Bill Hagerty asked about efforts to restrict the supply of U.S. origin goods to Chinese telecommunications company Huawei. Reporting by David Shepardson and Daphne Psaledakis in Washington, and Karen Freifeld in New York; Writing by Chris Sanders; Editing by Daniel WallisOur Standards: The Thomson Reuters Trust Principles.
Persons: Paul Rosen, Biden, Bill Hagerty, Thea Rozman Kendler, Kendler, David Shepardson, Daphne Psaledakis, Karen Freifeld, Chris Sanders, Daniel Wallis Organizations: Treasury, Reuters, Republican, Huawei, Exports, Commerce, Thomson Locations: U.S, China, Washington, New York
☆ US clamps down on sensitive export requests to China
  + stars: | 2023-05-30 | by ( David Shepardson | ) www.reuters.com   time to read: +2 min
Nearly 700 Chinese parties are subject to the government's export controls on what is known as the "Entity List," Assistant Secretary of Commerce for Export Enforcement Matthew Axelrod said in written testimony. The goal is to counter China's "military modernization, human rights abuses, and other activities contrary to our national security and foreign policy interests," he said. The hearing is titled "Countering China: Advancing U.S. National Security, Economic Security, and Foreign Policy". The administration's plans to restrict certain U.S. outbound investments in specific sensitive technologies are still under discussion, said testimony from Treasury Department official Paul Rosen. Commerce Secretary Gina Raimondo said in March the Biden administration was considering a pilot program to address risks about investment in China.
Persons: Beijing's, Thea Rozman Kendler, Export Enforcement Matthew Axelrod, Biden, Paul Rosen, Gina Raimondo, Raimondo, David Shepardson, Karen Freifeld, Chris Reese, Sonali Paul Organizations: U.S, Commerce, Export Enforcement, . National Security, Economic Security, Treasury Department, Thomson Locations: China
☆ U.S. Leans on Turkey to End Russian Flights With American-Made Planes
  + stars: | 2023-01-26 | by ( Jared Malsin | ) www.wsj.com   time to read: 1 min
ISTANBUL—U.S. officials are pressuring Turkey to stop Russian airlines from flying American-made airplanes to and from the country, said officials familiar with the talks, signaling a new push in Washington to persuade countries to enforce sanctions imposed on Moscow after its invasion of Ukraine last year. Senior American officials warned last month that Turkish individuals are at risk of jail time, fines, loss of export privileges and other measures if they provide services like refueling and spare parts to U.S.-made planes flying to and from Russia and Belarus in violation of export controls imposed last year, the officials said. Assistant Secretary of Commerce Thea Rozman Kendler delivered the message to Turkish officials during a December visit to Turkey, the officials said.
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