Online Published on 20 January, 2023.
The article describes one critical ongoing battle in the economic war between the United States and China: the fight for hegemony over the global supply chain and market for semiconductors. The US government, stung by the rising profile of China in the area, is implementing a multipronged strategy of allying with other leading manufacturing countries to deny access to technology and production machinery to the People’s Republic of China (PRC); the latter is fighting back by striving to achieve indigenous autonomy in this area while keeping prices below the competition.
