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Semiconductors represent a major building block of high-tech industry. This chapter analyzes the trajectory of China … hybrid firms based in China but with offshore ownership and financing. China has pursued policies aiming to build a globally …. As a result, China's semiconductor industry appears locked into a path that combines quantitative expansion with low …
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followed decades earlier, also became important in China, but only belatedly: in 2011-12 and 2013-14. The phenomenon is found …
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