US Commerce Secretary Gina Raimondo, the Biden administration’s leading light behind efforts to limit China’s access to advanced chips and related technologies, now says that export controls are merely “speed bumps” and that “trying to hold China back is a fool’s errand.” In Raimondo’s view, the CHIPS and Science Act – a US$52.7 billion industrial […]
The post Outgoing Raimondo admits China chip war a ‘fool’s errand’ appeared first on Asia Times.
Outgoing Raimondo admits China chip war a fools errand
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