/ world today news/ On July 20, the American media Bloomberg News published an article under the title “Rejecting China, chip manufacturers can only harm themselves.”
It said that recently in Washington, high-ranking representatives of US chip companies had persuaded the Biden administration to show restraint in restricting US companies’ business in the sector with China. The warnings of these companies are correct – imposing further restrictions on semiconductor sales in China will inevitably encourage the country to “hit back” and lead to tensions between the US and its chip-making allies. Worse, the restrictions could undermine the Biden administration’s own long-term goal of encouraging more high-tech semiconductor manufacturing in the United States.
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