In an April phone conversation, Chinese leader Xi Jinping issued a stern admonition to President Joe Biden, warning about the risks created by US bans on exporting microchips and other technology essential for China's advancement.
Biden defended the ban by emphasizing the necessity of protecting American national security and refusing to supply advanced computer chips to China, which was a blow to Xi's aspirations.
Xi Jinping, known for his authoritarian and powerful image within China, faced humiliation as Biden not only rebuffed his warnings but also lectured him on the reasons behind the ban, undermining Xi's authority.
Xi's pursuit of Chinese hegemony and global dominance is hindered by America's influence, showcasing his dependence on the US dollar, American investments, and the global security system that sustains China's growth and power.
#xi-jinping #semiconductor-technology #us-china-relations #global-power-struggle #economic-dependence
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