India 360: The US Escalates Its Semiconductor War On China, What Happens Now? Watch This Special Report
Zee Business Video Team | Updated: October 19, 2022 10:25 PM IST
US escalated strictness on sending chipmaking equipment to China. US issued new rules regarding export. According to the new rules, American companies without a license will not give the equipment to Chinese chip makers from which advanced chips can be made. The new rules will also apply to US citizens, green card holders. Experts believe that China will be most affected by the US decision. An economic war may break out between the US and China. The US administration says that if the advance chip is with China, then America's security may be at risk.
