https://en.sputniknews.africa/20230904/us-to-be-as-strict-as-possible-limiting-chinas-access-to-cutting-edge-chips-official-says-1061852254.html
US to Be 'As Strict As Possible' Limiting China's Access to Cutting-Edge Chips, Official Says
US to Be 'As Strict As Possible' Limiting China's Access to Cutting-Edge Chips, Official Says
Sputnik Africa
On August 27, US official departed to a four-day official visit to China to disscus various topics on bilateral agenda with Chinese leadership, including... 04.09.2023, Sputnik Africa
2023-09-04T11:23+0200
2023-09-04T11:23+0200
2023-09-04T11:23+0200
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joe biden
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The United States will stick to its hardline stance on denying China cutting-edge microchips, as technological developments may be allegedly used to boost the Asian nation's military capacity, US Commerce Secretary Gina Raimondo said on Sunday. The US will keep selling less sophisticated chips to China, still worth billions of dollars, the commerce secretary also said. At the same time, Raimondo called for a "realistic" assessment of her abilities to reach concrete results during her recent visit to China that took place from August 27-30 where the commerce secretary met with high-ranking Chinese officials and US entrepreneurs doing business in the country. In early August, the White House announced that US President Joe Biden signed an executive order that authorized the Secretary of the Treasury to regulate certain US investments into Chinese entities engaged in activities involving national security sensitive technologies in three sectors: semiconductors and microelectronics, quantum information technologies, and certain artificial intelligence systems. Chinese Embassy in Washington spokesperson Liu Pengyu told Sputnik that Beijing was very disappointed that the Biden administration moved forward with plans to roll out new restrictions on US economic investment in China. According to the Chinese embassy, so far there are more than 70,000 US companies doing business in China, and the stock of bilateral investment has exceeded $240 billion.Raimondo’s visit was a follow up to US President Joe Biden's talks with Chinese President Xi Jinping last November on the sidelines of the G20 summit in Bali.
https://en.sputniknews.africa/20230827/us-secretary-of-commerce-to-start-4-day-visit-to-china-on-sunday-1061657632.html
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US to Be 'As Strict As Possible' Limiting China's Access to Cutting-Edge Chips, Official Says
On August 27, US official departed to a four-day official visit to China to disscus various topics on bilateral agenda with Chinese leadership, including US-China trade relations, challenges faced by US businesses, and areas for potential cooperation, her four-day official visit to China on Sunday.
The United States will stick to its hardline stance on denying China cutting-edge microchips, as technological developments may be allegedly used to boost the Asian nation's military capacity, US Commerce Secretary Gina Raimondo said on Sunday.
"We are not going to sell the most sophisticated American chips to China that they want for their military capacity," [...] "We are going to be as strict as can be and as hardline as possible denying China the most sophisticated chips." commented Raimondo as cited my media.
The US will keep selling less sophisticated chips to China, still worth billions of
dollars, the commerce secretary also said.
At the same time, Raimondo called for a "realistic" assessment of her abilities to reach concrete results during her recent visit to China that took place from August 27-30 where the commerce secretary met with high-ranking Chinese officials and US entrepreneurs doing business in the country.
"I think we did achieve concrete outcomes […] I think we have to be realistic about what we can and cannot accomplish on a first visit," said Raimondo as cited by media.
In early August, the White House announced that US President
Joe Biden signed an executive order that authorized the Secretary of the Treasury to regulate certain US investments into Chinese entities engaged in activities involving national security sensitive technologies in three sectors: semiconductors and microelectronics, quantum information technologies, and certain artificial intelligence systems.
Chinese Embassy in Washington spokesperson Liu Pengyu told Sputnik that Beijing was very disappointed that the Biden administration moved forward with plans to roll out new
restrictions on US economic investment in China. According to the Chinese embassy, so far there are more than 70,000 US companies doing business in China, and the stock of bilateral investment has exceeded $240 billion.
Raimondo’s visit was a follow up to US President Joe Biden's talks with Chinese
President Xi Jinping last November on the sidelines of the G20 summit in Bali.
