China technology

Escape From Involution: The Overseas Expansion of Chinese Technology Companies

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Escape From Involution: The Overseas Expansion of Chinese Technology Companies

Amid an economic slowdown, “involution” has become a buzzword in China, poignantly capturing the essence of the highly competitive and stressful socioeconomic climate within its domestic market. This term conveys intense internal competition and diminishing returns despite increasing efforts, both trends that are particularly evident in the technology sector.  In response to this challenging environment, … Read more

The State of China’s Semiconductor Industry

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Decoding China’s Escalation of the Chip War

Advertisement The Diplomat author Mercy Kuo regularly engages subject-matter experts, policy practitioners, and strategic thinkers across the globe for their diverse insights into U.S. Asia policy. This conversation with Dr. Douglas Fuller, as associate professor at the Department of Economics, Government and Business, Copenhagen Business School in Denmark, is the 385th in “The Trans-Pacific View Insight … Read more

China Boosts Semiconductor Subsidies as US Tightens Restrictions

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China Boosts Semiconductor Subsidies as US Tightens Restrictions

Advertisement Headlines flashed last week as the U.S. Commerce Department finalized guardrails limiting expansion in China by companies receiving subsidies under the 2022 CHIPS and Science Act. Less widely covered, however, was China’s latest round of semiconductor incentives, upping the ante in its effort to reduce reliance on U.S.-controlled technology.  With China already boasting chip … Read more

The Party Rules: China’s New Central Science and Technology Commission

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The Party Rules: China’s New Central Science and Technology Commission

Advertisement In March 2023, the Central Committee of the Chinese Communist Party and the State Council of the People’s Republic of China jointly issued the “Reform Measures of the Party and State Organizations.” Among the initiatives to be taken was the establishment of the Central Science and Technology Commission (CSTC). The new commission would take … Read more