August 1, 2024

The Biden administration is reportedly working on a set of unilateral restrictions on China's access to artificial intelligence (AI) memory chips and equipment capable of making those products, in the latest hegemonic move to contain China's AI industry in order to maintain its global monopoly.

Chinese observers said the US cannot impede China's technological progress and will only impel Chinese enterprises to strive for technological self-reliance. They said China may take countermeasures, including lodging complaints with the WTO, when it is necessary to fight back as the US continues to expand its "small yard" policies.

Observers said the US' intensifying crackdown on and "decoupling" from China will lead to further deterioration in China-US bilateral relations, bringing monumental losses to US firms that are betting on Chinese opportunities.

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