You Are Reading This Thanks To Semiconductors
On 7 October 2022, the United States government implemented export controls in an effort to hinder the development of China’s semiconductor industry. An expert on the subject told the Financial Times, ‘The whole point of the policy is to kneecap China’s AI [Artificial Intelligence] and HPC [High Performance Computing] efforts’. The next day, China’s Foreign Ministry spokesperson Mao Ning said:
In order to maintain its sci-tech hegemony, the US has been abusing export control measures to wantonly block and hobble Chinese enterprises. Such practice runs counter to the principle of fair competition and international trade rules. It will not only harm Chinese companies’ legitimate rights and interests but also hurt the interests of US companies.