A few months before the U.S.-China trade war started in July 2018, local media coverage of President Xi Jinping was focused on his efforts to rally the country s top scientists and engineers to pursue breakthroughs in core technologies, as tensions simmered between Beijing and Washington.
In a new book, economist Li Yin argues that fears of “forced technology transfers” are outdated and based on a misreading of China’s current semiconductor strategy.
From the column: "The law, signed by President Joe Biden after passing in both chambers of Congress with bipartisan support, has two motivating ideas."
The law provides substantial support for basic and applied scientific research in frontier areas such as artificial intelligence, quantum computing, communications, energy and materials science.