Debate: Building a U.S. Regulatory Empire in the Chip War with China

Regulating the circulation of technology is a powerful weapon to exercise global power. In August 2022, U.S. president Joe Biden moved to strangle China's high-end semiconductor industry by imposing a swath of export controls aimed at restricting the country's access to global semiconductor supply chains. While this chip war is usually framed as a bilateral conflict between Washington and Beijing, the success of the U.S. strategy depends on the active cooperation of allied firms and governments. This article fills a critical gap in the standard narrative. It describes how the U.S. government has constructed an empire by regulation, leveraging its global political and economic power to impose extraterritorial export controls on allied trade. By seeking to regulate the flow of technology, knowledge, people, and foreign investment into China, the U.S. risks alienating traditional allies and has triggered China to seek self-sufficiency in the production of advanced semiconductors for civilian and military applications.