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Semiconductor: "The more restrictions the United States imposes on us, the faster some of our domestic companies will develop," an industry professional named Wang told AFP.
(Bloomberg) -- The US Commerce Department will begin gathering information on Chinese production of legacy semiconductors — chips that aren’t cutting-edge but are still vital to the global economy — as it looks to track how deeply reliant US companies have become on the technology from China.Most Read from BloombergHyperloop One to Shut Down After Failing to Reinvent TransitHarvard Financial Pain Grows as Blavatnik Joins Donor RevoltVilified Zero-Day Options Blamed by Traders for S&P DeclineTenc
Some lawmakers in Washington are urging President Joe Biden to prohibit American companies from working on RISC-V chip technology with China. Will their plan fly?
Beijing's C919 single-aisle passenger jet is setting the aerospace industry abuzz having won orders for a 1000 planes just months after its first commercial flight. In the duopolistic market, China winning orders — even from domestic clients — has a cost. Each Comac plane is a lost order to Airbus or Boeing. And that pain is being felt, especially in the US
“It has been an extraordinary success beyond anyone's wildest dreams.”