U.S.-China 'cold war' and hopes for dialogue: 2 analysts explain

Export curbs 'nonnegotiable,' Glaser says; Tong sees midterms not weakening Biden

The possibility of a face-to-face meeting of the two leaders alongside this month's Group of 20 summit in Indonesia has raised hopes for dialogue, but how productive it might be remains unclear. (Source photos by Reuters)

MASAHIRO OKOSHI, Nikkei Washington bureau chief

November 2, 2022 21:44 JST

WASHINGTON -- As the U.S. and China enter a new phase of strategic competition, concern is growing about a new cold war between the two superpowers.

The sweeping new curbs on exports of advanced semiconductors and chipmaking technology to China announced in October by U.S. President Joe Biden's administration, followed by Chinese President Xi Jinping's confirmation of a third term at the recent Communist Party congress, underscore the hardening divisions.