Will blockade & decoupling maintain US technological dominance?
/ Our Today
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Reading Time: < 1minuteA central processing unit (CPU) semiconductor chip is displayed among flags of China and U.S., in this illustration picture taken February 17, 2023. (Photo: REUTERS/Florence Lo/Illustration)
The Chinese Foreign Ministry criticised the United States for what it called an attempt to deprive China of its right to development on Thursday (March 9).
In Washington, there is a bipartisan mood to block China’s technological advances, particularly in the chip-making industry.
US President Joe Biden signed the Chips and Science Act last October with a statement claiming: “Chips and Science Act will lower costs, create jobs, strengthen supply chains, and counter China.”
However, it ignores the fact that the semiconductor industry is one of the most globally integrated industries, and the US can never be fully self-sufficient.
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