Financial Times: Chokepoint Fallacy is an “Important report”

Financial Times’s National Editor Edward Luce published an article “The risks of US-China decoupling”. Calling our paper on chokepoints an “important report”, Luce lays out the unintended consequences of the “dedollarization of tech”.

We are big fans of Ed Luce - needless to say we appreciate his article and the quote.

Chris Miller, author of “The Chip War”, responded to Ed’s article, arguing that it was China who started decoupling on semiconductors, not the US. We tend to agree - but in our view it actually does not matter “who started" it”. The main problem of US export controls is that they involuntarily created the pressure within the Chinese industry to succeed on semiconductors under conditions of restricted access to US technology.