US tech companies in China may soon be forced to ‘choose a flag’ – By Paul Rosenzweig (The Federal Times) / Nov 1, 2022
There are renewed signs of disagreement between the U.S. and China, particularly around flash points such as Taiwan and China’s support for Russia’s invasion of Ukraine, as well as the continuation of broader economic and geopolitical competition.
As China continues to seek a larger role in the world, an economic conflict between the two world superpowers becomes more and more likely. This inevitable conflict has broad implications on American companies, particularly those in the tech industry providing critical support to America’s military.
Consider the latest example — a major American technology company was compelled to walk back part of its business presence in China. Recently, Apple announced that it had suspended plans to use computer chips from the country’s Yangtze Memory Technology Co. in future products.
The move comes on the heels of the Biden Administration’s restrictions on American participation in China’s semiconductor industry. As a result, many other large U.S. tech companies are also shifting production away from the country and removing investment and products from its marketplace.
