China Tech Shares Sink as US Export Curbs Raise Chip Sector Hurdles
SHANGHAI, Oct 10—Shares in Chinese tech giants Alibaba Group and Tencent as well as in chipmakers slumped on ...
Source: theepochtimes.com
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SHANGHAI, Oct 10—Shares in Chinese tech giants Alibaba Group and Tencent as well as in chipmakers slumped on ...
Biden administration cut China off from certain semiconductors made anywhere in world with US equipment
Investors have been spooked by new US export control measures aimed at slowing Beijing's technological and military advances.
The Biden administration published a sweeping set of export controls on Friday.
Experts say the ban could also hit commercial data centres at Chinese tech giants.