U.S. annihilates China with new technology sanctions
Thursday, October 20, 2022
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With the new decisions taken by Joe Biden, it is now a total technological war that is being waged by the United States against China. This will put the Middle Kingdom in great difficulty.
Those who thought that the economic war between China and the United States was calming down are now at risk. It is indeed on the Tech field that President Joe Biden has decided to take the initiative these last days.
In detail, the Department of Commerce announced on Friday major new restrictions that will hit Chinese technology companies hard. In concrete terms, these companies will hardly be able to obtain certain semiconductors that include American material, regardless of their origin.
The technology war between the United States and China is set to last
This is a huge blow for Xi Jinping's government, which wanted to take leadership in areas such as artificial intelligence and supercomputers. And to enforce these drastic measures, Joe Biden's government is pulling out the heavy artillery.
The technology war between the United States and China is set to last
This is a huge blow for Xi Jinping's government, which wanted to take leadership in areas such as artificial intelligence and supercomputers. And to enforce these drastic measures, Joe Biden's government is pulling out the heavy artillery.
Similarly, companies and individuals are prohibited from providing direct or indirect support to Chinese companies that produce advanced chip designs.
Quoted by the Financial Times, Thea Kendler, a senior Commerce Department official, justifies these measures: "China has devoted resources to developing supercomputing capabilities and is seeking to become a world leader in artificial intelligence by 2030. It is using these capabilities to control, track and monitor its own citizens, and fuel its military modernization. Our actions will protect U.S. national security."
As one might expect, China does not hear it that way, and was keen to protest. This includes the Ministry of Commerce, which explained, "The U.S. should immediately stop its actions and give fair treatment to companies around the world."
It is still difficult to say what the exact scope of these measures will be. One can imagine that the actors concerned will look very closely at these new texts to try to continue their activities and their commercial links as much as possible.
It is still difficult to say what the exact scope of these measures will be. One can imagine that the actors concerned will look very closely at these new texts to try to continue their activities and their commercial links as much as possible.
However, this seems to be a new turning point. In a recent interview with us, Guoli Chen, an expert on Chinese tech giants, warned: "As far as the Sino-US relationship is concerned, I think a complete disassociation is unlikely, but we don't expect the world to return to the happy days of globalization. The joust between China and the United States will continue for at least ten or twenty years." He didn't think so.
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