Thread by @J_B_C16

Quite the report from @BloombergUK... the more that one reads and hears about these new chip controls and how the Biden admin has run this, the more it looks like a dog's breakfast.

https://twitter.com/pstAsiatech/status/1591987950245519360

'Japan and the Netherlands were ready to formalize multilateral controls (for) 5-nanometer chips... but the US then wanted to raise that threshold to more mature technologies that would lead to a bigger impact on chip companies’ China sales. That’s when talks collapsed.'

'They were promised the govt wouldn’t move ahead with the controls before having allies onboard. However.. officials failed to convince partners or inform the chip firms of their plans to implement the measures in Oct. Just days before.. they were no longer picking up calls..'

'For the China hawks within the Biden admin, early Oct was seen as the only window they had to unveil new restrictions before it got too close to the meeting between Biden and Xi at the G-20 summit'
Failing to get allies or your own firms on board isn’t good for leverage either..

Initial readouts suggest that cramming these new controls in before the Biden-Xi meeting didn't move the dial with the Chinese side at all.
Which, if you've been following the direction of Chinese cyberspace policy under Xi, is hardly surprising.
scmp.com/news/china/dip… @SCMPNews