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
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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