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US curbs on microchips could throttle China’s ambitions and escalate the tech war

Hong Kong CNN Business  —  Chinese leader Xi Jinping’s push to “win the battle” in core technologies and bolster China’s position as a tech superpower could be severely undermined by Washington’s unprecedented steps to limit the sale of advanced chips and chip-making equipment to the country, analysts say. On October 7, the Biden administration unveiled …

The post US curbs on microchips could throttle China’s ambitions and escalate the tech war appeared first on Egypt Independent.

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