New US Chip Restrictions on China: Causes and Effects
Recently, US government, Under the leadership of President Joe Biden, China chip technology In this article, we will provide a comprehensive review of the reasons for these restrictions, their scope, and their impact worldwide.
Reasons for Restrictions
USA, China military modernization wants to limit its ability to produce high-tech chips that it can use in the process. U.S. Commerce Secretary Gina Raymond, these restrictions, China's chip technology emphasized that it aims to prevent its use in advanced military systems. In this context, the following reasons stand out:
- Security Concerns: The United States is concerned that China's access to advanced technologies could threaten national security.
- Competitive Strategy: The US uses these restrictions as a tool to maintain its advantage in its competition with China.
- Technological Independence: The USA aims to strengthen its own technological infrastructure and reduce external dependency.
Scope of New Restrictions
Affiliated with the US Department of Commerce Bureau of Industry and Security (BIS) has imposed export restrictions on a total of 24 types of chip manufacturing hardware and 3 categories of software under the new restrictions. The details of these restrictions are as follows:
- High Bandwidth Memory (HBM): Export of this component, used in artificial intelligence chips, to China is prohibited.
- Foreign Direct Product Rule (FDPR): Foreign companies that include American-made parts will be audited for exporting their products and equipment to China.
- Asset List: The Ministry of Commerce plans to put 140 Chinese companies on an “entity list.” Companies included on this list will not be able to sell products or services without special permission from the government.
China's Response and Global Implications
The Chinese Foreign Ministry said the US restrictions, In Beijing criticized the press conference in a harsh tone. Spokesperson Lin CienHe stated that the US was abusing export controls and that this practice violated the rules of the market economy. He also emphasized that these restrictions would harm the international trade order and destabilize global industrial chains.
China has stated that it will take the necessary measures to protect the legitimate rights of its companies. This situation creates a new source of tension in US-China relations.
US-China Chip War and Possible Future Developments
The US administration aims to prevent the transfer of critical technologies that could threaten national security, Strategy to compete with China It entered into force on August 10, 2022. Chip and Science Law, has been a clear indication of this intention. In addition, under this law, Chinese manufacturers' access to advanced chip technologies has been significantly restricted.
The Biden administration's imposition of restrictions on venture capital investments by American companies in China in the fields of semiconductors, quantum information technologies and artificial intelligence systems, with the executive order signed on August 10, 2023, is part of this strategy.
As a result
The US’s new chip restrictions will not only affect trade relations between the two countries, but also the global technology market. The implementation of these restrictions could shape not only the competition between the US and China, but also the technology policies of other countries around the world. In this context, it is necessary to follow future developments carefully.
