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US aims to maintain military advantage over China by controlling tech
“In critical areas, essential for our national security, we're not going to permit trade,” Burns says, “There's a lot of complaints that I receive from my Chinese counterparts about our de-risking strategy, and I remind them you're doing the same thing.”
Prohibiting the sale of semiconductors isn’t about limiting China’s economy or tech industry, but about maintaining America’s advantage in the race for military development. Burns points to growing tensions in the Indo-Pacific, where the US is keenly interested in maintaining military superiority, and says that so far Washington’s action has been limited to a small yard. Limiting chip exports, he says, is the only way to prevent Chinese leadership from acquiring powerful technologies that could tip the balance of power.Catch GZERO World with Ian Bremmer every week on US public television (check local listings) and online.
A woman visits a semiconductor device display in Shanghai, China.
Hard Numbers: US chip war hits Chinese tycoons, Nigerian gay wedding raid, Taliban ban women from college, EU solar surge
28: The US tech war on China's semiconductor industry is hitting Chinese tycoons where it hurts most — their wallets. According to a private survey, the combined private wealth of China's top 100 richest chip bosses has dropped by a whopping 28% this year.
19: Islamic police arrested 19 people accused of organizing a gay wedding in Kano, one of 12 states in northern Nigeria that enforce sharia law — which mandates the death penalty for same-sex relationships. The couple, who did not get hitched, is on the run.
0:: That's how many women the Taliban will allow to attend university in Afghanistan from now on. The hardline Islamic regime had already limited the subjects women could study in college and separated them from men, but this latest move confirms that the Taliban 2.0 is a carbon copy of its first iteration from 1996-2001.
47: Solar energy generation in the EU has surged by 47% so far this year compared to 2021, as this renewable source is fast becoming an affordable solution to high energy prices across the bloc. Germany added the most solar power, closely followed by Spain.