Tech war: new US chip sanctions to deal fresh blow to China's self-reliance push

By Yahoo! Finance   |   1 year ago
Tech war: new US chip sanctions to deal fresh blow to China's self-reliance push

The US is set to impose trade restrictions on Chinese semiconductor industry suppliers, impacting companies like Huawei. This move is part of escalating US-China tech rivalry, affecting chip fabrication plants and venture capital firms. China aims for self-sufficiency but relies on imported high-end tools.

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