Abstract
The U.S., in its current offensive against Chinese high-technology industries, is employing export restriction measures developed during the Cold War as weapons for Western economic warfare against the Communist bloc. This study reviews how the export control regime was created, as well as how Japan and China became involved in economic warfare. Based on the hypothesis that the scope of export restrictions is determined by the perception of the target countries’ threat, foreign pressure, and foreign availability, this study explores factors that influence the scope of restriction in the case of Sino-Japanese trade. The author found that export restrictions justified by security concerns were often used to pursue industrial policy goals. In most circumstances, such restrictions turned out to be ineffective in achieving aims and were painful to implement.
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