scale of funding to support its its semiconductor industry. Since 2015, China has spent $150 billion upgrading its … semiconductor industry. Success, however, has been limited. China's massive industrial policy effort has been most successful in … semiconductor initiative, the European Chips Act. China's experience offers a number of lessons. First, chip fabrication requires …

scale of funding to support its its semiconductor industry. Since 2015, China has spent $150 billion upgrading its … semiconductor industry. Success, however, has been limited. China’s massive industrial policy effort has been most successful in … semiconductor initiative, the European Chips Act.China’s experience offers a number of lessons. First, chip fabrication requires …