The U.S. Department of Commerce on October 7 announced a sweeping set of export controls on technologies, including unprecedented steps to limit the sale of advanced computer chips to China, on the grounds of so-called national security concerns. Washington’s ban on hi-tech exports to China marks a huge gambit for economic supremacy for the next decades, with the Chinese Government referring to the move as “typical sci-tech hegemony.”
The U.S. has been strictly limiting the Chinese semiconductor industry’s access to key technologies, such as high-performance computing chips and chip-making equipment, plus the Entity List featuring 260 Chinese entities consisting of mainly companies and research institutions involved in 5G, artificial intelligence (AI) and other advanced technologies. It intends to curb China’s upward momentum in AI and supercomputing development.
The U.S. is simply…
