US Imposes Stringent Export Restrictions on China's Semiconductor Industry
On October 7, 2022, the US unveiled a sweeping set of export restrictions (the "10.7" regulations) against China, aimed at curbing the development of the nation's supercomputers and AI semiconductors with potential military applications. Spanning over 160 pages, the regulations have far-reaching implications for the global semiconductor industry, international politics, and the world economy.
It took two months to grasp the full scope of the "10.7" regulations, which some analysts believe could devastate China's semiconductor industry and even provoke a so-called "Taiwan. . .