Us Sanctions On China
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Despite sanctions by the US, Intel and NVIDIA continue to push AI-chips to China
Mehul Das •Despite the sanctions that have been imposed by the US on China, tech companies like Intel and NVIDIA continue to push their highly advanced AI chips in the Chinese market. This is fuelled by the AI craze in China, and the AI industry's growing demand for AI chips
US' double standards: Approved 70% of export license applications from China in 2022, despite tech war
Mehul Das •The US approved 70 per cent of export licenses from China despite warning other countries to not do business with them. The US allowed a loophole which allows China to do business with American businesses despite the existence of a sanctions list.
After Japan and Netherlands, the US goes after South Korea to block their chip trade with China
Fp Staff •Traditionally, South Korea has a strong trade relationship with China, especially when it comes to tech and semiconductors. However, the US now wants South Korea to impose sanctions on China on silicon chips, and join Japan, Taiwan and Netherlands as a united front.
Final nail in the coffin for China: US, Netherlands and Japan enter into agreement for chip sanctions
Mehul Das •The US, Netherlands and Japan have finally entered into an agreement to impose sanctions on the Chinese chip making industry, and stop exporting chip making machines and tech to China. The EU also urged the US to work on ways to reduce the reliance on Asia.
Chips down for China: Sanctions by US, Netherlands most likely to kick in by Jan-end
Mehul Das •In a situation that China hadn’t anticipated, officials from the US and the Netherlands will meet in Washington to finalise the details of the sanctions on exporting chipmaking tech and equipment to China. In all likelihood, the sanctions may go into effect by Jan-end.
Dutch foreign trade minister refuses to give in to US pressure to curb chip exports to China
Mehul Das •The US has been trying to cajole Japan and the Netherlands to impose some strict sanctions that would cripple China’s chip-making industry. China is the second largest chip manufacturer after Taiwan and a vital cog in the global semiconductor trade.
Netherlands refuses to summarily agree to US export restrictions on China over silicon chips
Mehul Das •The US wants its allies to sanction China over silicon chips. The Netherlands however, has said that they will not follow US rules and dictum as is, and will see what is beneficial for them and their strategic partners like Japan, South Korea, Taiwan, Germany and France.
Business As Usual: China’s Huawei raked in $91.5 billion in revenue despite sanctions by US, and others
Mehul Das •Although nowhere near its peak of $122 billion in 2019, Huawei continues to rake in big money, despite the sanctions imposed by the US and trade embargoes by several other countries.
US sanctions Chinese company, officials for its oppression of Uyghurs
•Washington says it wants to send a message that it will act against those who abuse the power of the state to inflict suffering and repression
‘Weapon of mass destruction’: China comes down heavily on US after Biden’s democracy summit
•Beijing was left out of the two-day ‘Summit for Democracy’ organised by President Joe Biden