Finance Fusion Network
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Finance Fusion Network
No Result
View All Result

US imposing new export controls on biotech equipment over China concerns

by
January 15, 2025
in Economy
0
US imposing new export controls on biotech equipment over China concerns

By David Shepardson

WASHINGTON (Reuters) – The U.S. Commerce Department said Wednesday it is imposing new export controls on biotechnology equipment and related technology because of national security concerns tied to artificial intelligence and data science.

Washington has raised concerns that China could use U.S. technology to strengthen military capabilities and help design new weapons through AI. The department said the laboratory equipment could be used for “human performance enhancement, brain-machine interfaces, biologically-inspired synthetic materials, and possibly biological weapons.”

The new export controls, which restrict shipments to China and other countries without a U.S. license, are for high-parameter flow cytometers and certain mass spectrometry equipment, which Commerce said can “generate high-quality, high-content biological data, including that which is suitable for use to facilitate the development of AI and biological design tools.”

This is the latest effort by Washington to restrict U.S. technology to China. On Monday, Commerce moved to further restrict AI chip and technology exports from China aimed at helping the United States maintain its dominant status in AI by controlling it around the world.

U.S. lawmakers have been considering a number of proposals to keep Americans’ personal health and genetic information from foreign adversaries and aim to push U.S. pharmaceutical and biotech companies to lessen their reliance on China for everything from drug ingredient manufacturing to early research.

Last week, U.S. lawmakers called on the Commerce Department to consider restricting the export of U.S. biotechnology to the Chinese military, citing concerns Beijing could weaponize it.

The Chinese Embassy in Washington last week said Beijing “firmly opposes any country’s development, possession or use of biological weapons.”

In August, U.S. lawmakers called on the Food and Drug Administration to ramp up scrutiny of U.S. clinical trials conducted in China, citing the risk of intellectual property theft and the possibility of forced participation of members of China’s Uyghur minority group.

This post appeared first on investing.com
Previous Post

US health officials set to ban Red No. 3 food coloring- Bloomberg News

Next Post

Trump’s new SEC leadership poised to kick start crypto overhaul, sources say

Next Post
Trump’s new SEC leadership poised to kick start crypto overhaul, sources say

Trump’s new SEC leadership poised to kick start crypto overhaul, sources say

  • Trending
  • Comments
  • Latest
Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

July 8, 2025
DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

February 7, 2025
Analysis-To weather Trump, emerging market investors look to the frontier

Analysis-To weather Trump, emerging market investors look to the frontier

January 27, 2025
Over 158 million Americans voted in 2024 as Trump reclaimed the White House

Over 158 million Americans voted in 2024 as Trump reclaimed the White House

July 7, 2025
Top Democrat backs US intel on narco-trafficking strikes, faults Biden for ‘not going far enough’ on Maduro

Top Democrat backs US intel on narco-trafficking strikes, faults Biden for ‘not going far enough’ on Maduro

0
Harris campaign officials explain what went wrong –  and what Trump did right: report

Harris campaign officials explain what went wrong – and what Trump did right: report

0
New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

0
NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

0
Top Democrat backs US intel on narco-trafficking strikes, faults Biden for ‘not going far enough’ on Maduro

Top Democrat backs US intel on narco-trafficking strikes, faults Biden for ‘not going far enough’ on Maduro

November 6, 2025
Kazakhstan joining Abraham Accords, US official confirms

Kazakhstan joining Abraham Accords, US official confirms

November 6, 2025
DOJ actively preparing to issue grand jury subpoenas relating to John Brennan investigation: sources

DOJ actively preparing to issue grand jury subpoenas relating to John Brennan investigation: sources

November 6, 2025
Mike Johnson shoots down Obamacare vote guarantee after Thune floats compromise in Senate

Mike Johnson shoots down Obamacare vote guarantee after Thune floats compromise in Senate

November 6, 2025

    Fill Out & Get More Relevant News

    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent News

    Top Democrat backs US intel on narco-trafficking strikes, faults Biden for ‘not going far enough’ on Maduro

    Top Democrat backs US intel on narco-trafficking strikes, faults Biden for ‘not going far enough’ on Maduro

    November 6, 2025
    Kazakhstan joining Abraham Accords, US official confirms

    Kazakhstan joining Abraham Accords, US official confirms

    November 6, 2025
    DOJ actively preparing to issue grand jury subpoenas relating to John Brennan investigation: sources

    DOJ actively preparing to issue grand jury subpoenas relating to John Brennan investigation: sources

    November 6, 2025
    Mike Johnson shoots down Obamacare vote guarantee after Thune floats compromise in Senate

    Mike Johnson shoots down Obamacare vote guarantee after Thune floats compromise in Senate

    November 6, 2025

    Top News

    Top Democrat backs US intel on narco-trafficking strikes, faults Biden for ‘not going far enough’ on Maduro

    Top Democrat backs US intel on narco-trafficking strikes, faults Biden for ‘not going far enough’ on Maduro

    November 6, 2025
    Kazakhstan joining Abraham Accords, US official confirms

    Kazakhstan joining Abraham Accords, US official confirms

    November 6, 2025

    Latest News

    • Top Democrat backs US intel on narco-trafficking strikes, faults Biden for ‘not going far enough’ on Maduro
    • Kazakhstan joining Abraham Accords, US official confirms
    • DOJ actively preparing to issue grand jury subpoenas relating to John Brennan investigation: sources

    About Finance Fusion Network

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.