Biden Administration Clamps Down on China’s Access to Chip Technology
China,Technology,Biden Administration,Commerce Department,World,Foreign Policy,Trade,Economy And Jobs,Semiconductors
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The Biden administration on Friday announced sweeping new limits on the sale of semiconductor technology to China, a step aimed at crippling Beijing’s ability to access critical technologies that are needed for everything from supercomputing to guiding weapons.
The moves are the clearest sign yet that a dangerous standoff between the world’s two major superpowers is increasingly playing out in the technological sphere, with the U.S. trying to establish a stranglehold on advanced computing and semiconductor technology that are essential to China’s military and economic ambitions.
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