China Trying to Fight Back US Ban on Its Chip Industry

December 16, 2022
Lourdes Casanova, LACS/GPV
“China views semiconductors as a strategic resource. Therefore, it wants to become self-sufficient in all aspects of advanced chip design and manufacturing,” says Lourdes S. Casanova, director of the Emerging Markets Institute. “These funds are meant to build China’s capabilities towards this goal.”