The Biden administration's move to block exports of advanced computer chips to China signals that trade matters less than an increasingly heated competition to be the world’s leading technological and military power.
After more than two decades in which the focus was on expansion of trade and global growth, both countries are openly prioritizing their national interests as the world economy struggles with high inflation and the risk of recessions. The U.S. and China have each identified the development and production of “We’re going to do whatever it takes to protect Americans from the threat of China," Commerce Secretary said in an interview. “China is crystal clear.
where he secured a third term as the country's leader. He pledged that China would move more aggressively to become self-reliant in producing semiconductors and other technologies. “In order to enhance China’s innovation capacity, we will move faster to launch a number of major national projects that are of strategic, big-picture and long-term importance,” Xi said.
The Chinese government has named the development of advanced computer chips that could handle everything from artificial intelligence to hypersonic missiles as one of its top priorities. To bridge the gap until it can get there, China has been relying on imports of advanced chips and manufacturing equipment from the U.S., which imposed a series of export controls last month that block sending to China the world's most advanced chips, factory equipment and industry experts tied to America.
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