Is This The End For China? Biden Escalates Economic War

China's economic development is slowing, its real estate market is imploding, its manufacturing sector has been ravaged by authoritarian covid lockdowns, and the country is facing imminent energy and food shortages. In addition, China is aging faster than any other country on the planet, and its population of 1,4 billion is expected to decrease by half in the next decades due to its old one-child policy.

But due to a recent decision by the Biden administration, things are set to get significantly worse for China. The United States recently announced that it will prohibit the export of advanced computer chips and semiconductors to China.

This is a significant development. These high-end computer chips are necessary components for artificial intelligence, quantum computing, hypersonic weapons, and virtually every other advanced technology that China is attempting to take over from the United States.

#china #politics #news

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