A large number of visitors came to the Huawei exhibition area at the 31st PT Expo China in Beijing on June 5, 2023. (PHOTO: VCG)

U.S. chip export controls will not affect China's 30-year head start in nurturing its stockpile of rare earth metals, skilled chip designers and engineers, and thousands of indigenous suppliers.

Though still behind the world leaders in chip technology, China has proved over time that it can turn fledging industries -whether in high -speed rail, telecommunications, electric vehicles or social media - into juggernauts.

If the U.S. sanctions on Huawei are an indication of the future, then Biden's chip controls are doomed to fail.

This [U.S. sanction] virtually wiped out Huawei's once-dominant position in the world's handset market. Many wrote Huawei off as dead, but it has hardly disappeared. It remains the world's largest provider of telecommunications equipment while also developing new lines of business, such as creating artificial intelligence applications for governments, phone companies and other businesses.

Biden's sanctions more than likely will follow a similar path toward obsolescence.

— Stanley Chao, U.S. sanctions will not halt rise of China's chip industry, Nikkei Asia, 20-04-2023