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US Tech Firms Banned From Building China Factories – BBC

The ban aims to prevent US semiconductor technology from falling into Chinese hands, US Commerce Secretary Gina Raimondo said

Asian chips
Asian chipmakers argue that the act is vital for them to shift production to the US, given the higher operational costs compared with Asia. File image: Florence Lo, Reuters.


US tech firms that receive state funding are to be barred from building “advanced technology” factories in China for the next 10 years, the US government has said, according to a BBC report.

The ban is aimed at protecting America’s semiconductor production, US Commerce Secretary Gina Raimondo said in the report, by ensuring China is not able to access leading microchip technology.

Read the full report: BBC




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Alfie Habershon

Alfie is a Reporter at Asia Financial. He previously lived in Mumbai reporting on India's economy and healthcare for data journalism initiative IndiaSpend, as well as having worked for London based Tortoise Media.


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