But what’s less obviously smart is Trump’s other big weapon against the Chinese tech industry: export controls. Export controls prevent U.S. companies from selling technology to Chinese companies. His administration recently extended export controls to more than 60 Chinese companies, including flagship semiconductor maker SMIC and world-beating drone maker DJI. But trying to smash the Chinese tech industry is a far taller order, and it seems unlikely to succeed. Someone, somewhere, will want to buy Chinese tech products, and the U.S. won’t be able to stop them.

Source: Mint December 28, 2020 01:18 UTC