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The Irony of the Biden Administration's Prohibition Race
US curbs on China's ability to produce high-end semiconductors, chips, or to proliferate its technology around the world. How effective are these measures? Is China able to find ways around it? Or does it mean that we're incentivizing China to make immense investments in trying to catch up with the likes of say Taiwan or the Netherlands? I think it is a fairly substantial restriction that the US government has crafted, but at the same time it is still going to be a leaky sieve.