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Market Chatter: China Mulls Stricter Export Controls on AI Technologies

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Chinese authorities are looking to implement stricter export controls on artificial intelligence and semiconductor technologies amid intensifying AI rivalry with the U.S., the Financial Times reported Wednesday, citing two people familiar with the matter.

Officials led by the Commerce Ministry have been in talks with local AI and chipmaking groups and companies, including Alibaba (HKG:9988), ByteDance, and Knowledge Atlas Technology or Z.ai (HKG:2513), to ensure Western powers do not pirate Chinese technologies and startups, the report said.

Commerce Ministry officials have also consulted stakeholders on possibly restricting overseas chipmakers from manufacturing chips based on designs by Chinese companies, the report said.

The Commerce Ministry did not immediately respond to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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