Exactly a week ago, U.S. authorities reported the imposition of new export restrictions on China, which were designed to keep the US as far as possible from developing high-tech technologies from geopolitical competitors. This week, US Under-Secretary of Commerce Tae D. Roseman Kendler recalled that sanctions were also directed against Chinese companies developing their own equipment for the production of semiconductor components.
According to the official quoted by Bloomberg, the U.S. Undersecretary also tried to reassure investors concerned about the extent of the impact of the new sanctions on the world ' s semiconductor industry: .
Ms. Rosman Kendler also stressed that the new US restrictions would rely on interaction with its geopolitical allies because international interaction was a priority for the relevant supervisory bodies, as she had added, and she recalled that US export control regulations limited the supply to China of components that could be used for the development or production of chip-making equipment; in addition, United States citizens or persons with a residence permit in that country were prohibited from providing consultancy or service services to companies with enterprises on the territory of the PRC without a special permit.