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home / articles / TECH - Antony Blinken Says US Chip Ban Doesn't Mean 'Cutting Off Trade' Or 'Holding Back China' | Benzinga


TECH - Antony Blinken Says US Chip Ban Doesn't Mean 'Cutting Off Trade' Or 'Holding Back China' | Benzinga

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

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

See Also: Xi Jinping Calls For Chinese Army To ‘Focus On The Battlefield’ During Visit To Military Medical University

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Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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