President Joe Biden came to office pledging to abandon Donald Trump's with-us-or-against-us approach to China. Instead, he's forcing US partners to pick sides in a deepening global technology standoff. Sweeping US curbs announced last month on the sale of semiconductors and chipmaking equipment to China mark a step change in the Biden administration's approach to its chief geopolitical rival. That's not just a challenge to Beijing, but also asks tough questions of allies — and presents Washington with a dilemma over how far it's willing to squeeze them to comply. As Biden prepares to hold his first face-to-face meeting as president with Xi Jinping, the export controls loom large as a declaration that the US isn't prepared to let China advance in a range of cutting-edge technologies that could threaten America's status as the world's pre-eminent power. That new reality spells more trouble ahead for US-China relations, which are already veering into dangerous territory over Taiwan: Beijing denounced the measures as US overstretch to "wantonly hobble Chinese enterprises." But the chip controls are also causing friction with key allies. ASML Holding NV , which has a virtual monopoly on a type of machine needed to make the most advanced chips,… Read full this story
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