Technology, Economics, And Governance News Roundup | October 7-14
Mon, 10/17/2022 – 11:53
Industrial Policy & International Security
China’s chip industry set for deep pain from US export controls | Financial Times
New US export controls are targeting China’s AI and high-performance computing efforts. An export license will be required to sell semiconductors made with US technology to China. Additionally, US citizens and entities are barred from working with Chinese chip manufacturers unless granted special permission. Analysts expect these restrictions will dampen the innovative capacity of Chinese companies and research centers working in artificial intelligence. However, US companies that sell to China will also take a hit–the Chinese semiconductor market accounts for nearly one-fourth of global demand. These new restrictions will force Beijing to seek out alternatives but China is years away from semiconductor independence. Some believe these conditions will lead to increased intellectual property theft. For US policymakers, the collateral damage to commercial industries is worth the national security benefit of slowing down the development of military technology in China.
Biden’s National Security Strategy Focuses on China, Russia and Democracy at Home | The New York Times
David Sanger analyzes the Biden administration’s National Security Strategy–released this week after …read more
Source:: Hoover Institution