A Trade War Will Exacerbate the Chinese Threat

This summer, the Biden administration issued an executive order limiting US investments in China’s computing sectors, the latest round in a tech war going back to the Trump era. While last October’s export controls targeted the semiconductor industry, these new restrictions add quantum computing and artificial intelligence to the lineup. Mercifully, they were more telegraphed and limited in scope than the 2022 crackdown, focusing on investment in projects with military, intelligence and surveillance applications. That previous round of curbs eviscerated Chinese firms’ ability to acquire some of the most advanced chips, their IP and, critically, the machinery to make them. In many cases, they even prohibited Americans from working with Chinese firms. In concert with the Netherlands and Japan, two other dominant exporters in the industry, the administration was able to squeeze off access to the most critical nodes in an uber-globalized supply chain.

Συνέχεια  εδώ