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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.

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