US intensifies assault on China's chip ambitions with fresh export controls

US intensifies assault on China's chip ambitions with fresh export controls

FILE PHOTO: U.S. President Joe Biden delivers remarks on the April jobs report from the East Room of the White House in Washington, U.S., May 7, 2021. REUTERS/Jonathan Ernst

The US has introduced sweeping export controls aimed at curbing almost every aspect of China’s semiconductor development as part of its toughest crackdown yet on Beijing’s tech ambitions.

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