When Joe Biden moved into the White House, the New Cold War with China that Trump had kick-started moved up a gear – especially in October 2022 when, according to the New York Times, ‘The White House issued sweeping restrictions on selling semiconductors and chip-making equipment to China, an attempt to curb the country’s access to critical technologies.’ In essence, Biden told Beijing: the United States will crush your dreams of building a technologically advanced economy.[1]
