US President Joe Biden (R) and China's President Xi Jinping (L) meet on the sidelines of the G20 Summit in Nusa Dua on the Indonesian resort island of Bali on November 14, 2022. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images)
How Biden administration's export ban is choking off China's tech ambitions
Quest Means Business
The US and China are locked in a battle over microchips, which is stretching the global supply chains to their limits. President Biden's CHIPS Act that bans certain chip exports to China is hurting the country's tech ambitions. CNN's Selina Wang reports.
02:55 - Source: CNN
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US President Joe Biden (R) and China's President Xi Jinping (L) meet on the sidelines of the G20 Summit in Nusa Dua on the Indonesian resort island of Bali on November 14, 2022. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images)
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