US Treasury proposes wider bans on AI investment in China
The draft would bar Americans from investing in companies there that develop any AI system, which Treasury now calls “super intelligence” systems. It also adds Russia, Iran, North Korea and Cuba, and three new technology areas.
On October 22, the US Treasury proposed rules for the COINS Act, a law Congress passed in December 2025. Some investments in AI, chips, quantum technology, supercomputing, hypersonic weapons and biotechnology would be banned, and others would have to be reported. The public can comment until December 7, 2026.