2min chapter

Planet Money cover image

Two Indicators shaking China's economy

Planet Money

CHAPTER

China's New Policy on Advanced Computer Chips Is a Big Deal for the US

The Biden administration has decided that because the US cannot guarantee that its advanced chips will not be used for military purposes in China, they don't get any at all. This new policy just fundamentally changes what it's like to do technology research development and manufacturing in China. It also stops China from making its own high-end computer chips.

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