The sweeping restrictions imposed on Russia to block its access to global exports of goods from chips to computers and electronics are likely to accelerate China's own push for self-reliance in the semiconductor industry, analysts said.
Following Russia's invasion of Ukraine on Thursday, Washington — as part of a package of measures — announced export restrictions which will force companies making high- and low-tech items overseas with U.S. tools to seek a license from the government before shipping to Russia.
China, like Russia, lacks advanced chip manufacturing capacity but one of its top long-term policy goals is to establish independence and self-reliance in the semiconductor industry.