New U.S. export controls on technologies for the production of advanced semiconductors and gas turbine engines may result in a scenario without any real winners. Industry experts said the U.S. action is aimed at primarily increasing its dominance in the global chip sector, at the expense of China. Gai Keke, professor at the School of Cyberspace Science & Technology at Beijing Institute of Technology said the U.S. efforts to curb China’s growth in the chip sector will not have the desired impact as the Asian country is a major chip importer and exporter.
