US Secretary of State Antony Blinken Clarifies that the Chip Ban Does Not equate to "Cutting off Trade" or "Holding Back China".

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What Happened: During an interview with National Public Radio on Friday, Blinken said that the U.S.does not aim to impede China’s growth with the export controls on advanced computing chips, Reuters reported.“I saw that Huawei just put out a new laptop that it boasted was AI capable, that uses an Intel chip,” he told NPR host Steve Inskeep while visiting Beijing.“I think it demonstrates that what we’re focused on is only the most sensitive technology that could pose a threat to our security.

Secretary of State Antony Blinken has said that the U.S.export controls are not designed to hinder China’s economic or technological advancement.

We’re not focused on cutting off trade, or for that matter containing or holding back China.”

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Author / Journalist: Ananya Gairola

Category: Technology

Markets: United StatesChina

Topics: US67066G1040 Chip export NVDA US4581401001 Global Benzinga neuro AMD US0079031078 Tech News Antony Blinken QCOM INTC Consumer Tech US7475251036 Benzinga Politics US-China

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-27 @ 07:45:40 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 445 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 20800344

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