The world is currently experiencing computer chip shortages and China is no exception. China’s lagging semiconductor manufacturing business has become a long-term barrier for its auto industry. China held its Automotive Industry Summit, the “2021 China Automotive Forum,” in Shanghai from June 17 to 19. The forum focused heavily on how to solve the chip…
China Tackles Chip Shortage Problem Via Marxist Approach
April 29, 2021
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Chinachina auto industryChina Business & EconomyChinese Regimechip industryTsinghua UniversityU.S. sanctions
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China’s industrial sector is suffering from a severe shortage of semiconductor chips, following U.S. sanctions and other supply problems, which is seriously slowing down the country’s manufacturing capacity. Recently, Tsinghua University announced the establishment of a new school that would help solve the country’s chip shortage problem, as Chinese leaders promote a Marxist approach to…
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