Rishi Sunak is weighing whether to follow US president Joe Biden in restricting outbound investment into the Chinese tech sector, including artificial intelligence, chips and quantum computing.Biden announced the new security regime on Wednesday but the UK prime minister has been more circumspect. His government is consulting business and the financial sector before deciding whether to follow suit.
Sunak promised Biden during a visit to the White House in June that Britain would “respond effectively” to the risk that British capital and expertise could help rival countries develop a military or intelligence threat.
In the same month both agreed an “Atlantic Declaration” putting economic security at the heart of their new partnership.