Chip Dreams: Will China Catch Up with the West?

Will China achieve its tech dreams? It all depends on whether it can produce advanced semiconductor chips, the tiny piece of metal that are crucial to the functionality of smartphones, modern cars, and even hearing aids. It’s the access to those tiny chips that Beijing’s tech ambitions ultimately will pivot on. Join us as two tech policy experts share insights into the global chip competition. Until now, China lacks the ability to produce advanced chips; the US, Europe, and Taiwan control the supply. Barred from buying cutting edge European equipment needed to fabricate high-end chips, China relies on importing chip imports. Last year, China imported $350 billion worth of chips, one third of them coming from Taiwan. Now, Xi Jinping is driving a self-reliance campaign, investing heavily in chip manufacturing across the country. Will he succeed?