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
Topic |   US-China trade war
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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