Over the last few months, it has become abundantly clear that the Biden administration is committed to containing China’s advances in critical technologies such as semiconductors. The U.S., akin to waking up from a slumber of 20 years, recognized the Chinese government’s intellectual property theft, exploitation of the world trade system and U.S. openness to trade, and under Trump, initiated a trade war. While the jury is still out on the net benefits of trade wars, the current administration’s openness to working across the aisle on China could just be what the doctor ordered. The Biden administration’s actions containing China’s ascent of the hierarchical network of technological va
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