China tightens export controls on dual-use items, escalating the global tech and trade war with the US.

Article published on: 4th December 2024

Credit: China Daily

In Summary:

China has announced new measures to regulate the export of dual-use items to the United States, targeting materials such as gallium, germanium, and superhard materials vital for semiconductors, optical fiber modules, and renewable energy technologies. The move, aimed at protecting national security, includes bans on exports to US military users and stricter controls for related industries. This decision follows the US's tightening of export controls on semiconductor technologies, which also added 140 Chinese entities to its restriction list.

Chinese companies have responded by emphasizing their growing self-reliance, with major semiconductor firms like Skyverse Technology and Naura Technology Group stating that the restrictions will have limited impact due to their focus on domestic production. Analysts suggest these measures will accelerate China's technological advancements and resilience against external pressures.

The broader implications underscore escalating tensions in global supply chains. Both nations claim to prioritize security and stability, but their actions reflect a deepening divide in trade and technology policies, affecting industries and third-party countries alike.

For the full article, visit the original post on: China Daily: China tightens control on dual-use items

Previous
Previous

Indonesia and the US unite to shape a digitally empowered future through Digital Vision 2045

Next
Next

What can AI learn about you from just one photo? A new website reveals the surprising, and unsettling details.