Part 5/15:
This policy complements the earlier move to subsidize domestic chips, creating a dual-layered approach—financial incentives paired with protectionist regulations. While US export controls restrict high-end chips like Nvidia’s H200 and B200, billions of dollars’ worth of these processors have reportedly found their way into China through illicit channels. Notable projects, like a planned Nvidia deployment in northwestern China, have been halted completely owing to these restrictions.