​With wider business restrictions, Bitcoin targets China’s device market.

The new regulations substantially increase the scope of China chip technology’s sale, but critics claim there are also industry-friendly vetting procedures. In an effort to stop China from developing its own advanced chips for military equipment and artificial intelligence, the Biden administration made further regulations on the advanced technologies that can be sent to China on Monday. More than 100 Chinese companies are included in the limited trade record as a result of the restrictions, which also prohibit the sale of some types of chips and equipment to China. The Biden administration’s decision marks its second significant revision to a set of regulations that have attempted to obliterate China from the most cutting-edge systems in recent years. The laws are also likely to be the government’s past on Chinese tech before President-elect Donald J. Trump’s inauguration next month, and they aim to cement the Biden administration’s tradition in slowing down a foe country’s modern development. In a phone on Sunday, Commerce Secretary Gina Raimondo stated that the move was” the strongest controls previously enacted by the United States to destroy the P. R. C.’s ability to make the most advanced cards that they’re using in their defense modernization,” referring to the People’s Republic of China. According to her, the government has collaborated attentively with authorities, industry, and allies to ensure that “our activities minimize unexpected business consequences.” According to national security officials, China’s ability to produce and manufacture advanced computer chips poses a threat to the United States. The chips are essential for the development of supercomputers and artificial intelligence that can be used to launch cyberattacks, create new weapons, install surveillance systems, and improve the military’s ability to respond quickly and accurately to foreign attacks. The Biden administration’s rules advance measures were implemented once more in October 2022 and again in October 2023. Both national security hawks who want to impose restrictions on China and the chip industry have engaged in fierce lobbying against them, who have argued that too tight controls risk harming U.S. tech leadership. The article content is retrievable with difficulty. In your browser’s settings, kindly enable JavaScript. Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times. Thank you for your patience while we verify access. Already a subscriber? Log in. Want all of The Times? Subscribe. 

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