... on its effectiveness.
Interestingly, consolidation difficulties are also observed within the TTC. Washington and Brussels have so far been unable to agree on how hard they should resist China’s growth in various areas ranging from global trade to semiconductors and generative AI.
[265]
China’s Response Measures
After Washington toughened its sanctions pressure, there were apprehensions that the restrictions might push China to take response measures in areas where it had levers. For example, China could use its dominant position in mining and rare earth mineral processing.
[266]
These apprehensions ...
... the other hand, dependence on the Chinese market creates strong incentives for companies to seek ways to circumvent existing sanctions, so their fragmentation may limit the effectiveness of U.S. technology policy toward the PRC. In the long run, China ... ... independence. The U.S. faces the challenge of balancing its technology policy to keep a hold on the existing gap with China in semiconductors for generations to come but, on the other hand, not to destroy key drivers of growing technological competencies ...
... Huawei was quick to assure everyone that it would cope just fine during the new crisis, even the company’s management was forced to admit the severity of the blow
On May 15, 2020, exactly one year after the United States launched its full-scale sanctions war on
Huawei
, the U.S. Department of Commerce unveiled
new restrictions
against the Chinese electronics giant. Starting from September 2020, companies will not be allowed to use U.S. technology and software to develop chips for
Huawei
or ...