So, on top of steel tariffs and aluminum tariffs, the US is now restricting access to computer chips for China. Given that the Chinese government is involved in everything and has become adept at stealing trade secrets and copying designs and processes from abroad, it comes as no surprise that clamps have been put on China's attempts to pickup companies that make state of the art semicunductor chips that can be used for military hardware.
'Bout time. The US has had a law on the books since 1975 and it appears this statute will be invoked to put the brakes on Chinese purchase of any company that is involved in the manufacture of these special chips.
Take that, mr. Xi.
No comments:
Post a Comment