INSUBCONTINENT EXCLUSIVE:
Europe to cut Beijing off from advanced technology
But it also risks backfiring
which are used to make chips, electric cars and telecommunications equipment
If Beijing did at some point restrict shipments and cut supply to other nations, prices would likely rise and make it more economical to
boost output in Japan, Canada, the US or elsewhere
at the National University of Singapore
move underscores the dilemma facing President Xi Jinping as he seeks to counter US efforts to prevent China from accessing the chips needed
to dominate technology like artificial intelligence and quantum computing
also gradually ramping up taxes, squeezing companies in Japan and elsewhere that relied on Chinese supplies
But the big shift happened in 2010, when Beijing temporary halted exports to Japan in reaction to a collision between a Chinese fishing boat
and the Japanese coast guard near islands claimed by both countries
That incident set off a race to find alternative supplies from China
peak of 98% in 2010, according to the US Geological Survey
But China arguably has more to lose than the US, particularly as its mounting economic challenges raise questions about whether it will ever
But this further drives the decoupling from China that Beijing wants to avoid, as it would undermine its stated goals of ensuring the nation
is dominant in new technologies and essential in global supply chains
At the moment, however, the growing ideological struggle between the US and China is taking precedence over globalization, Morris Chang, the
founder of chip giant Taiwan Semiconductor Manufacturing Co, said at an industry event in Taipei on Tuesday
