What is the significance of the USA’s quest to repatriate the complex chain of semiconductor production?
As a key driver of manufacturing and technological progress, bourgeois economists are paying increasing attention to the development and manufacture of the new generations of semiconductor microprocessors, and they are not alone. The legislators and ruling class of the chief imperialist powers, in particular the USA and Britain, ever keen to stifle the rise of China as an economic competitor, are seeking to leverage their technological advantage in this field to preserve their otherwise ebbing global economic and military hegemony.
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