Yellen Says Outbound Restrictions Would Focus On Semis, Quantum, AI

The transcript discusses the delay in implementing an outbound executive order proposed by Jake Sullivan two years ago. The focus is on outbound investment controls that complement existing export controls to prevent technology transfer to China, targeting sectors like semiconductors, quantum computing, and AI. The controls are narrowly targeted and not intended to broadly affect U.S. investments in China. The administration is working on details and plans to release a notice of proposed rulemaking for public input before finalizing the controls.

How would the outbound investment controls differ from broad controls?

What is the intended impact of the outbound investment controls on U.S. investment in China?