EconomyCommentary
![Beijing has set an ambitious goal for China to domestically produce 40% of the country’s demand for semiconductors by next year and 70% by 2025, up from less than 20% now. Pictured: A Chinese teenager waves a national flag during a festival to mark Chinese National Day on Oct. 2, 2005 in Beijing, China. (Photo: Guang Niu/Getty Images)](https://first-heritage-foundation.s3.amazonaws.com/live_files/191212_china.jpg)
The Fight for Semiconductor Leadership in Asia
Beijing wants to become the global leader in a variety of advanced technologies. To get there, government entities have been investing more than $100 billion in China’s domestic semiconductor industry. Beijing… Read More