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China Must Avoid Working Alone on Semiconductors: Daily

MNI (Singapore)

China should overcome U.S. trade barriers on semiconductors by opening up its market and avoid working "alone behind closed doors," the China Daily said commenting on South Korea's announcement to invest USD39.4 billion in the U.S. as well as Japan and other major economies' stated investments after a global shortage disrupted supply chains. The U.S. administration is trying to move Asia's assembling and testing capacity to the U.S. soil, and relocate factories away from China to shovel China out of the global semiconductor industry, said the official English-language newspaper. It is absolutely necessary for China to stress its independence in semiconductors and core technologies, while using its strengths as the supplier of final products to try to overcome U.S. trade barriers, the daily said.

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