The US government has recently announced plans to revise and tighten export controls on items such as semiconductors, high-performance computing chips, and quantum computing technology. This move is seen as an effort to limit China’s access to cutting-edge technology and curb its rise as a global competitor.
The US government has recently announced plans to revise and tighten export controls on items such as semiconductors, high-performance computing chips, and quantum computing technology. This move is seen as an effort to limit China’s access to cutting-edge technology and curb its rise as a global competitor.
The new measures are expected to impact not only Chinese companies but also non-Chinese firms that sell these items to Chinese buyers. The changes in export controls will be implemented through the Commerce Department’s Bureau of Industry and Security (BIS.
This move is part of a broader strategy by the US government to counter China’s rise as a global power, especially in critical technology sectors such as semiconductors, quantum computing, artificial intelligence, and electric vehicles.
The tensions between the two superpowers have been escalating over recent years due to various factors including trade disputes, human rights issues, territorial claims, and differences on geopolitical matters like North Korea, Iran, Taiwan, Hong Kong, and Xinjiang. The Biden administration has continued many of the policies initiated by former President Trump aimed at curbing China’s technological advancements and global influence.
The new measures will likely face resistance from companies that rely heavily on sales to Chinese buyers, such as major US tech firms like Apple, Qualcomm, and Nvidia. These companies have warned that strict export controls could harm their business operations in China, potentially leading to job losses back home in the United States.
Moreover, countries allied with the US may also feel pressure to follow suit and implement similar restrictions on high-tech exports to China. This could lead to a global tech cold war between the US-led alliance of countries and the China Economic and Security Review Commission (CCECSRCCC) which includes China as an official member nation under review by the US Congressional Research Service (“CRS” or “PPD.
The new measures are expected to impact not only Chinese companies but also non-Chinese firms that sell these items to Chinese buyers. The changes in export controls will be implemented through the Commerce Department’s Bureau of Industry and Security (BIS.
This move is seen as an effort by the US government to limit China’s access to cutting-edge technology and curb its rise as a global competitor. By tightening export controls on items such as semiconductors, high-performance computing chips, and quantum computing technology, the US hopes to be able to maintain its current level of technological superiority over China for at least the next few decades into the 220s.