Deepening U.S.China tech rift enters new phase

News Summary

  • Of note: The new rules' limits on the work of American personnel added a fresh front to what had been an effort focused largely on preventing China from getting either leading-edge chips themselves, or the advanced equipment needed to make such chips.
  • What's next: The U.S. may look to impose new restrictions on China's access to quantum computing technology, which threatens to break traditional encryption, Rasser said.And then there's TikTok, the Chinese-owned social media giant.
  • Illustration: Sarah Grillo/AxiosThe new round of efforts to slow China's access to semiconductor technology the U.S. announced last month went further than many people expected.
  • The big picture: While many chip companies have significant markets in China, plenty of other big tech companies don’t.
  • Commerce undersecretary Alan Estevez said at a CNAS event last month, per The Washington Post.State of play: The restrictions on chips are being billed as critical to national security.
  • And the Biden Administration isn't slowing down, with more restrictions seen as likely.Why it matters: The tech industry once drove a wider movement to tie the world's economies together.
The new round of efforts to slow Chinas access to semiconductor technology the U.S. announced last month went further than many people expected. And the Biden Administration isnt slowing down, with [+5061 chars]