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U.S. steps up high-tech economic war with China

The Socialist Program with Brian Becker

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Is China a Competitor, Not an Economic Partner?

Professor Wolf: The U.S. had hoped that as China became more integrated into the global capitalist market, there would be a return to socialist rule. He says this did not play out and Chinese Communist Party has been strengthened by economic growth. Professor Wolf: Microchips are important in terms of being key ingredients to the production of modern electronic equipment. They are also very important symbolically because they are the symbol of what is now high tech.

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