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Backlash Looms as US Ignores Dutch Interests to Hinder China
Illustration: Chen Xia/GT The US doesn’t seem to be hesitant for a second to sacrifice its allies so as to contain China. The tightening chip export restrictions show that it is willing to do whatever it takes to hinder China’s technological development. But that doesn’t mean its allies will unconditionally follow such an extreme approach […]
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“Free Trade” as Revealed in the China-United States Paradigm
Free trade is much ballyhooed by the US and the capitalist world, but critics have been skeptical as to whether such trade freely takes place. Investopedia provides a useful definition of free trade: A free trade agreement is a pact between two or more nations to reduce barriers to imports and exports among them. Under […]
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You Are Reading This Thanks to Semiconductors
Koga Harue (Japan), Umi (‘The Sea’), 1929. On 7 October 2022, the United States government implemented export controls in an effort to hinder the development of China’s semiconductor industry. An expert on the subject told the Financial Times, ‘The whole point of the policy is to kneecap China’s AI [Artificial Intelligence] and HPC [High Performance […]
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