You are now subscribed
Your newsletter sign-up was successful
Want to add more newsletters?
Delivered daily
Kiplinger Today
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more delivered daily. Smart money moves start here.
Sent five days a week
Kiplinger A Step Ahead
Get practical help to make better financial decisions in your everyday life, from spending to savings on top deals.
Delivered daily
Kiplinger Closing Bell
Get today's biggest financial and investing headlines delivered to your inbox every day the U.S. stock market is open.
Sent twice a week
Kiplinger Adviser Intel
Financial pros across the country share best practices and fresh tactics to preserve and grow your wealth.
Delivered weekly
Kiplinger Tax Tips
Trim your federal and state tax bills with practical tax-planning and tax-cutting strategies.
Sent twice a week
Kiplinger Retirement Tips
Your twice-a-week guide to planning and enjoying a financially secure and richly rewarding retirement
Sent bimonthly.
Kiplinger Adviser Angle
Insights for advisers, wealth managers and other financial professionals.
Sent twice a week
Kiplinger Investing Weekly
Your twice-a-week roundup of promising stocks, funds, companies and industries you should consider, ones you should avoid, and why.
Sent weekly for six weeks
Kiplinger Invest for Retirement
Your step-by-step six-part series on how to invest for retirement, from devising a successful strategy to exactly which investments to choose.
China is a world superpower, so the fortunes of the Chinese economy have a big impact across the world, and of course in the U.S. too.
Our hugely experienced Kiplinger Letter team will update you on all the important developments in China and what impact that has at home and for investors (Get a free issue of The Kiplinger Letter or subscribe). Here’s the latest forecast, starting with background on semiconductor exports…
The U.S. is preparing to unveil new semiconductor export controls that would double the number of machines requiring export licenses.
From just $107.88 $24.99 for Kiplinger Personal Finance
Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special Issues
Sign up for Kiplinger’s Free Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
U.S. producers of chipmaking gear, such as Applied Materials (AMAT), are bracing for impact. Notably, Washington will be working with the Netherlands and Japan, whose governments have agreed to bar sales of the same chipmaking equipment as the U.S.
While American firms account for 40% of the global market for semiconductor manufacturing equipment, both the Netherlands and Japan are significant players. The Dutch firm ASML (ASML), for example, is the only supplier of extreme ultraviolet lithography machines, used to make the most advanced chips.
But U.S. officials have struggled to get other countries to strike deals, most notably South Korea, a leader in semiconductor manufacturing with a small but sophisticated industry for chipmaking gear, and Germany, the leading supplier of the components used in the production of semiconductor manufacturing equipment.
Why China stands to benefit
One consequence of semiconductor-related U.S. export controls is on China, as Beijing will likely dominate the global industry for less advanced chip tech, according to U.S. intelligence officials.
Moves to cut China off from advanced chips and chipmaking gear have fueled its efforts at the lower end of the tech spectrum. China currently leads the world in building new chipmaking facilities and is expected to account for 18% of global fabrication facilities by 2025, an increase of 7% from 2019, with most facilities dedicated to mature technologies.
Read more
-
How Much It Costs to Host a Super Bowl Party in 2026Hosting a Super Bowl party in 2026 could cost you. Here's a breakdown of food, drink and entertainment costs — plus ways to save.
-
3 Reasons to Use a 5-Year CD As You Approach RetirementA five-year CD can help you reach other milestones as you approach retirement.
-
Your Adult Kids Are Doing Fine. Is It Time To Spend Some of Their Inheritance?If your kids are successful, do they need an inheritance? Ask yourself these four questions before passing down another dollar.
-
The U.S. Economy Will Gain Steam This YearThe Kiplinger Letter The Letter editors review the projected pace of the economy for 2026. Bigger tax refunds and resilient consumers will keep the economy humming in 2026.
-
Trump Reshapes Foreign PolicyThe Kiplinger Letter The President starts the new year by putting allies and adversaries on notice.
-
Congress Set for Busy WinterThe Kiplinger Letter The Letter editors review the bills Congress will decide on this year. The government funding bill is paramount, but other issues vie for lawmakers’ attention.
-
The Kiplinger Letter's 10 Forecasts for 2026The Kiplinger Letter Here are some of the biggest events and trends in economics, politics and tech that will shape the new year.
-
Special Report: The Future of American PoliticsThe Kiplinger Letter The Political Trends and Challenges that Will Define the Next Decade
-
What to Expect from the Global Economy in 2026The Kiplinger Letter Economic growth across the globe will be highly uneven, with some major economies accelerating while others hit the brakes.
-
Shoppers Hit the Brakes on EV Purchases After Tax Credits ExpireThe Letter Electric cars are here to stay, but they'll have to compete harder to get shoppers interested without the federal tax credit.
-
The Economy on a Knife's EdgeThe Letter GDP is growing, but employers have all but stopped hiring as they watch how the trade war plays out.
