Biden Administration on China and Export Controls: Economic Cold War or Reflection of Reality?

As China Tech Threat readers very well know, the Biden administration issued long-awaited export controls in October designed to restrict the People’s Republic of China’s (PRC) ability to purchase or manufacture high-end chips. Some have criticized the move as “a declaration of an economic cold war.” Daleep Singh, a former Biden administration Deputy National Security Adviser, is weighing in. Singh recently wrote in The Economist that “America is simply adapting to intensified competition for pre-eminence in the foundational technologies of our time.” We agree. From both national security and economic standpoints, Chinese dominance and superiority in the semiconductor space is dangerous, and the Biden administration has taken actions to prevent that from happening. Singh also calls for the Biden administration… Read More

BIS is on the Clock: Experts Assess Export Controls, Effectiveness with Regard to China

We have 7 DAYS left in the BIS Countdown that started on October 7 when the Bureau issued long-awaited export controls targeting Chinese chipmakers. Will YMTC, a national champion chipmaker, and others on the Unverified List (UVL) allow for and pass end-use checks, or will they get put on the Entity List? That’s one of our big questions. Earlier this month, Roslyn Layton hosted a virtual event to dive into the new export controls and related issues with Nazak Nikakhtar (Partner and National Security Co-Chair, Wiley; former Department of Commerce Lead on CFIUS) and Dustin Carmack (Research Fellow, Heritage Foundation). They discussed the impact of the controls on China’s semiconductor capabilities, the Apple-YMTC relationship, and how the new Congress should… Read More

More U.S. Pressure Coming on YMTC – Will American Allies Join In?

YMTC is firmly in the crosshairs of both the executive and legislative branches of the U.S. government. Will the desire to stop one of the world’s most dangerous companies go international? Ever since the Biden Administration unleashed a new round of export controls targeting the Chinese semiconductor chip industry on October 7, Chinese firms have been buckling under the weight of the new restrictions. For example, the South China Morning Post reports that “China’s chip output in October reached 22.5 billion units, down 26.7 per cent from a year ago and the largest single-month decrease on record.” More actions from the executive branch seem likely. This week, Bureau of Industry and Security Assistant Secretary Matthew Axelrod is quoted by Reuters… Read More