Gary Clyde Hufbauer and Megan Hogan:
In October 2022, the Biden administration introduced export controls on China, prohibiting the sale of cutting-edge semiconductor chips, the advanced equipment needed to manufacture them and semiconductor expertise from the United States. The controls are the Biden administration’s most serious attempt to undermine China’s military modernisation and the most damaging measures US President Joe Biden has taken against China.
Washington won’t chip away at China’s military with semiconductor sanctions | East Asia Forum