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US microchip curbs on China aim to halt Chinese innovation

A New York Times article from last week on the US efforts to curb Chinese access to microchips is eyeopening. ‘An Act of War’: Inside America’s Silicon Blockade Against China is the title of the article and it's not overstated. It outlines how on Oct 7 of last year, the US Bureau of Industry and Security launched economic measures to hinder China's ability to produce or purchase advanced semiconductor chips.The public line is that these restrictions aim to impede China's production of weapons a... Read More

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Microchip

Curbs

China

Halt

Chinese

Innovation

Forex

Posted: Jul 17 2023, 14:04

Author Name: forexlive

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