The United States has banned exports of advanced computer chips to China and also prohibited American investment in sensitive Chinese technology.
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US President Joe Biden insists the United States should be developing and producing its own chips and the move is all about boosting competition.
Some analysts say it’s akin to an “act of war” between the two nations.
Today, Dr Benjamin Herscovitch from the ANU’s School of Regulation and Global Governance on why the decision could reverberate for decades and whether Australia will follow suit.
He says China and the United States are in an incredibly competitive and adversarial relationship and the move has profound national security and defence implications.
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Subscribe: http://ab.co/1svxLVE
US President Joe Biden insists the United States should be developing and producing its own chips and the move is all about boosting competition.
Some analysts say it’s akin to an “act of war” between the two nations.
Today, Dr Benjamin Herscovitch from the ANU’s School of Regulation and Global Governance on why the decision could reverberate for decades and whether Australia will follow suit.
He says China and the United States are in an incredibly competitive and adversarial relationship and the move has profound national security and defence implications.
ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation.
For more from ABC News, click here: https://ab.co/2kxYCZY
Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
Like ABC News on Facebook: http://facebook.com/abcnews.au
Follow ABC News on Instagram: http://instagram.com/abcnews_au
Follow ABC News on Twitter: http://twitter.com/abcnews
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia
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