The ongoing chip war between China and the US has become a significant source of
hostility between the two superpowers, with no signs of
abating. As US Treasury Secretary Janet Yellen prepares for
economic discussions in Beijing, the focus will be on navigating this
contentious issue.
China recently imposed export restrictions on minerals essential for
semiconductor production, while the Biden administration plans to expand its
restrictions on advanced microchip sales to China. The US aims to cut off
China's access to advanced chips, which are crucial for its military and
technological advancements.
As tensions escalate, the two governments appear to be moving further apart
rather than towards a diplomatic resolution. |