Xi consolidates his rule as economic problems mount
The Rachman Review
Is TSMC Going to Set Up a Foundry in America?
90% of the world's most advanced chips are made in Taiwan. TSMC, as you know, are under pressure from the American government to set up a foundry in the United States. I think we're now a long way from when China just wanted to have a peaceful rise where their aim was to develop and not catch the attention of others. Xi Jinping has clearly stated that China must stand up to this.
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