Semiconductor chips on a circuit board of a computer. China and the US are in a race to achieve hegemony in developing and manufacturing chips. Photo: Reuters
Semiconductor chips on a circuit board of a computer. China and the US are in a race to achieve hegemony in developing and manufacturing chips. Photo: Reuters
James David Spellman
Opinion

Opinion

James David Spellman

US-China chip war: history shows that mercantilism is no solution

  • Neo-mercantilism initiatives in China and the US, with their enormous investments and unprecedented trade restraints, will take years to show benefits
  • Yet much will change that could render this generation of semiconductor plants obsolete the day they open

Semiconductor chips on a circuit board of a computer. China and the US are in a race to achieve hegemony in developing and manufacturing chips. Photo: Reuters
Semiconductor chips on a circuit board of a computer. China and the US are in a race to achieve hegemony in developing and manufacturing chips. Photo: Reuters
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