China is aiming to increase its reliance on domestic production for key semiconductor components, including chips and controlling systems, to 75 per cent by 2025. Photo: shutterstock
China is aiming to increase its reliance on domestic production for key semiconductor components, including chips and controlling systems, to 75 per cent by 2025. Photo: shutterstock

US-China tech war to be ‘defining issue of this century’, despite signing of phase one trade deal

  • Trade deal and tech war are in ‘parallel universes’ with minor progress on tariffs a mere sticking plaster in wider deterioration, academic says
  • Report states that decoupling is inevitable in the crucial semiconductor space, with a ‘new era of techno-nationalism’ set to shake up global value chains

China is aiming to increase its reliance on domestic production for key semiconductor components, including chips and controlling systems, to 75 per cent by 2025. Photo: shutterstock
China is aiming to increase its reliance on domestic production for key semiconductor components, including chips and controlling systems, to 75 per cent by 2025. Photo: shutterstock
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