The US has taken unprecedented steps to limit the sale of advanced computer chips to China. The moves are designed to cut off supplies of critical technology to China that may be used across sectors including advanced computing and weapons manufacture. On Money in the Market, Ken Peng, Head of Asia Investment Strategy at Citi Global Wealth Investments, joins us to tell us more about these curbs and how they may impact the global economy.
Highlights:
1:01 - How reliant is China on semiconductors from the US?
2:35 - What do the curbs on China mean for the global economy?
3:19 - Effects on Japan and South Korea
4:26 - Long term effects for the tech sector
7:13 - Advice for those investing in the tech sector