Why World War “3.1” Is Now On | Currency War, Cyber Attack

China’s tech sector is showing the strain from last year’s sweeping U.S. export restrictions, which seek to stall Beijing’s ambitions in cutting-edge industries such as artificial intelligence and supercomputing. Semiconductor imports to China are falling. Chinese companies say they are struggling to get key components and machinery. And chipsets that have been remodeled to make them less powerful so they fall within U.S. rules are now threatened by the possibility of additional restrictions. The distress signals show Washington’s nine-month-old policy of denying Beijing access to the most advanced semiconductors and the tools to make them is starting to bite, despite loopholes and workarounds keeping some key components flowing. The restrictions also show the obstacles facing China in developing domestic alternatives for some of the most sought-after foreign semiconductor technologies.

TOPICS AND TIMESTAMPS:
WW3 0:00
Why Should You Care? 7:48
What’s Next? 10:35

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