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Limiting investment by American Companies in the chinese tech sector because of Serious National Security risks. It would require us firms to disclose investments in sensitive areas such as Artificial Intelligence and ban some investment altogether. Beijing has reacted angrily saying it is gravely concerned about the order. A spokesperson for the Chinese Embassy in washington says the curbs seriously undermine the interests of chinese and American Companies and investors. Republicans have said they do not go far enough. This is a new front in the tech war between two global superpowers, the restrictions prevent American Private equity and Venture Capital firms from investing in high tech sectors investing in high tech sectors in china, such as quantum computing, Artificial Intelligence and advanced semiconductors. The goal is to stop us capital in know how speeding up the development of technologies that could help china develop weapons for use against america in a military conflict. I
We start in hawaii, and apocalyptic scenes as wildfires sweep across the islands. At least 36 people are known to have died and others are still unaccounted for. Large parts of the Tourist Town Of Lahaina on the island of maui have been burned to the ground. This is what it looked like overnight when flames spread rapidly, forcing some people tojump into the sea to escape. Multiple areas have been burnt to the ground and the western side of the island is almost cut off. Officials say, the Hospital System is overwhelmed, with many people suffering burns and smoke inhalation. 0ur correspondent Richard Galpin has this report. If anybody is still out here, it is time to go is anybody still out here . Its time to go these are the desperate calls for people still in the historic City Of Lahaina on the island of maui, as the flames on the marina gets closer and closer. Many neighbourhoods were burned to the ground as the western side of the island was nearly cut off with only one highway open