Business
2023.02.03 23:51 GMT+8

BizBeat Ep. 579: U.S. shooting itself in foot with China chip sanctions

Updated 2023.02.03 23:51 GMT+8
CGTN

The U.S. authorities' plan to tighten restrictions on exports of advanced semiconductor technologies to China has had a ripple effect on the global semiconductor supply chain. Several global chip giants are cutting jobs and are expected to lose billions in sales. However, chip sanctions failed to halt China's technological progress. In this episode of BizBeat, CGTN's Zhu Zhu explains.

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