Biden Admin Bans US ‘Advanced Tech’ Firms From Building Facilities in China for Next Decade

 

Backlink: VISIONTIMES

American based technology firms that receive U.S. government funding will be barred from building “advanced technology facilities” in China for the next decade, according to a recent announcement by the Biden administration.

The ban is a requirement under the U.S. government’s multi-billion dollar plan to produce semiconductor chips on American soil, components that are predominantly manufactured in Asia.

 

 

 

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