New restrictions from the US to China

According to the Wall Street Journal, the US is preparing to restrict Chinese companies’ access to cloud computing services of American giants such as Amazon and Microsoft. While US Secretary of State Antony Blinken’s meeting with Chinese leader Xi Jinping last month gave the impression of a thaw in US-China relations, developments on the economic front show that there is still a long way to go for thaw. According to the Wall Street Journal, the US is preparing to restrict Chinese companies’ access to cloud computing services of American giants such as Amazon and Microsoft. The Biden administration plans to require US cloud computing companies to obtain government permission before providing services such as artificial intelligence services to Chinese companies. Microsoft Azure and Amazon Web Services, which are currently world leaders in cloud computing, compete with Alibaba in China with their local partners. Last week, it was stated that the Biden administration planned to include chips used in artificial intelligence in export controls to China. US Treasury Secretary Janet Yellen will begin her trip to China tomorrow in light of these developments.