US Semiconductor Ban on China & Implications for International Companies in ChinaAlongside the Chips and Science Act and a sweeping set of export controls, the US further undermines China’s ability to import, manufacture, and export the semiconductors that run the world. Finely calibrated and applied on most leading-edge chips, consequences are dramatic. International companies operating and banking on China are urged to re-balance and match their China strategy to prepare for de-risking but to stay in the game.US’s further moves to contain China’s semiconductor industry In early October 2022, the US issued nine new rules, detailing export controls on advanced …