Beyond The Lines | Why Xi Jinping wants the chip? Tech it up, when chips are down
The Chinese economy — including its strategic economy — is so dependent on Taiwan that its missiles, cyber capability, technology-integrated weapon systems, its tech sector would have been swiftly dismantled in the event of an attack on Taiwan In August this year, a plane carrying Nancy Pelosi, the US House Speaker, touched down in Taipei. Suspicious America chips away For sometime now, the US has been targeting China’s strategic tech sector. His successor, President Joe Biden, then signed a ‘chip4alliance’ with Taiwan, Japan and South Korea to make it tougher for China to access semiconductor technology. China wants the $150-million machines for developing domestic chip makers, so smartphone giant Huawei Technologies Co. and other Chinese tech companies can be less reliant on foreign suppliers.
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