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The US Is Responding to the Rise of Chinese Technology
The US government is trying to kneecap a lot of China's leading firms Huawei has been the cheap whipping boy here. The Chinese task is not to invent anything de novo, it is to replace a lot of the existing technologies today. I expect that over the long run, China is engaged in this big technological drive. We know that there's no theoretical issues with inventing a semiconductor that looks like what Chinese firms had access to yesterday.