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Economic Times
| 12dUS chip bans not meant to hobble China's growth, Blinken says
US export controls on sending advanced computing chips to China are not aimed at hindering China's economy or technological progress, according to Secretary of State Antony Blinken. Despite the restrictions imposed on exporting computing chips to China since 2022, Intel and Qualcomm have been granted licenses to continue supplying chips to Huawei. Blinken emphasized that the US is focused on safeguarding sensitive technology that could potentially threaten security, rather than impeding trade or restraining China as a whole. The rationale behind granting exemptions to Intel and Qualcomm, while neglecting their competitors, AMD and MediaTek, remains unclear.
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