USA export controls on advanced computing and semiconductor manufacturing items to China

The Biden administration published a set of export controls regarding advanced computing and semiconductor manufacturing items, aiming to restrict China’s access to the most advanced chip technology. The export controls prevent US firms from selling advanced chips to China or providing Chinese firms with tools for making their own advanced chips. They also prevent firms from other countries from doing the same, if those chips or tools were made with US-made technologies. The rules also prohibit US citizens from participating in or facilitating activities, that encourage the development or manufacture of specific integrated circuits (ICs) at Chinese fabrication facilities. The rules are strongly opposed by China and should be immediately abolished, the commerce ministry said in a statement. They also added that this decision by the USA not only hurts Chinese companies, but also the commercial interests of US exporters.