US chip controls threaten China’s engineering ambitions | Small business

BEIJING (AP) — Furious at U.S. endeavours that lower off accessibility to technological know-how to make sophisticated laptop or computer chips, China’s leaders look to be having difficulties to figure out how to retaliate with out hurting their individual ambitions in telecoms, synthetic intelligence and other industries.

President Xi Jinping’s authorities sees the chips that are used in every thing from phones to kitchen appliances to fighter jets as essential assets in its strategic rivalry with Washington and attempts to achieve wealth and global affect. Chips are the heart of a “technology war,” a Chinese scientist wrote in an official journal in February.

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