Biden's Chinese investment sanctions are better

[smeyer0028]

I think the new US Biden administration China rules contradict the discussions on Semiwiki. My view is that Biden is right. Everyone benefits from a world wide electronics industry. US sanctions are only to stop US investments in Chinese miltary linked companies. It does include no US investment in SMIC. In my view the new policy to be administered by the Commerce department instead of DOD is right because international trade will eliminate desire for wars. If the policy works, we can look forward to a similar India economically taking over the world debate in the future (50 years?).

Here is a UK Guardian newspaper story:

Biden sanctions Chinese companies as Beijing says ‘normal communication’ resumed

Executive order will enforce a ban on 59 companies including Huawei and chip maker SMIC as president expands Trump-era policy

www.theguardian.com