Tech industry squeezed by U.S.-China rift: 'The music is going to stop'

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The new round of efforts to slow China's access to semiconductor technology the U.S. announced last month went further than many people expected. And the Biden Administration isn't slowing down, with more restrictions seen as likely.

: The restrictions on chips are being billed as critical to national security. They aim to thwart Chinese military objectives, prevent the use of technology to further human rights abuses and prevent the U.S. from becoming economically dependent on China for key emerging technologies.has been far broader, as they seem to push the long-term U.S.-China economic trend known asAdministration officials have stressed they're not seeking complete economic separation.

The U.S. is hoping that blocking China's access to U.S. expertise will impede China's effort to build off the gear they already have in their possession. "That’s going to do a lot to degrade their overall capabilities," Rasser said.: Relations with China shifted considerably under the Trump Administration, which engaged in both a tariff war as well as targeted actions aimed at Chinese telecommunications giants Huawei and ZTE.

Although the Biden Administration has chosen different areas to take action, it has embraced and extended its predecessor's recognition of China as a military and economic threat.: The administration's tough posture has won praise from those who have long urged deeper restrictions on China, such as former Google CEO Eric Schmidt.

A few companies most directly impacted by the latest sanctions have been forced to quantify the impact as part of their earnings reports.

 

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I don't understand the reasoning behind this. If restrictions are to slow down other countries' development, then WTH is dumping for?

FedoraTrading cascadierra heishoah

It’s okay, what goes around, comes around. Always.

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