China has expanded overseas travel restrictions on top talent at leading private artificial intelligence companies to include their immediate family members, according to Bloomberg, as authorities tighten controls around sectors viewed as critical to national security. People familiar with the matter said executives at AI firms considered strategically important must obtain prior official approval even when their spouses or children plan only short trips abroad. Authorities have already begun notifying affected individuals and are set to gradually widen the list of AI personnel subject to exit controls. China’s Ministry of Industry and Information Technology did not respond to a request for comment. The report also said a revised State Council regulation on exit-entry administration took effect on Sept. 15, allowing travel restrictions on people suspected of endangering national industrial and technological security. Bloomberg added that official concern over the outflow of key technology and talent intensified after Meta attempted to acquire Manus for $2 billion, leading authorities to order the deal scrapped and to require some technology companies to seek approval before accepting U.S. capital.
China has expanded overseas travel restrictions on top talent at leading private artificial intelligence companies to include their family members, according to Bloomberg.
People familiar with the matter said immediate relatives of executives at AI firms viewed as critical to national security, including spouses and children, must obtain prior official approval even for short trips abroad. Authorities have started notifying affected individuals and plan to gradually broaden the list of AI personnel subject to exit restrictions. China’s Ministry of Industry and Information Technology did not respond to a request for comment.
Revised exit-entry rules took effect on Sept. 15
A revised State Council regulation on exit-entry administration took effect on Sept. 15. Under the report, people suspected of endangering national industrial and technological security can be subjected to travel restrictions.
Bloomberg said official concern over the outflow of key technology and talent intensified after Meta tried to acquire Manus for $2 billion. Authorities ultimately ordered the transaction revoked and told some technology companies they could not accept U.S. capital without prior approval.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
