US aims to hobble China's chip industry with sweeping new export rules

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US aims to hobble China's chip industry with sweeping new export rules
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The raft of measures could amount to the biggest shift in US policy towards shipping technology to China since the 1990s. Read more at straitstimes.com.

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WASHINGTON - The Biden administration on Friday published a sweeping set of export controls, including a measure to cut China off from certain semiconductor chips made anywhere in the world with US tools, vastly expanding its reach in its bid to slow Beijing's technological and military advances.

If effective, they could set China's chip manufacturing industry back years by forcing American and foreign companies that use US technology to cut off support for some of China's leading factories and chip designers. "We recognise that the unilateral controls we're putting into place will lose effectiveness over time if other countries don't join us," one official said."And we risk harming US technology leadership if foreign competitors are not subject to similar controls."a broadening of the so-called"foreign direct product rule".

The Semiconductor Industry Association, which represents chipmakers, said it was studying the regulations and urged the United States to"implement the rules in a targeted way - and in collaboration with international partners - to help level the playing field".

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