Chip shock: China vs the US in the battle for semiconductor supremacy

08/19/22 • 31 min

4 Listeners

Now Washington has passed the US Chips and Science Act with tens of billions of dollars for the US semiconductor industry, what of its effect on China? Post technology journalist Xinmei Shen speaks with her Beijing-based colleague Che Pan about why the 3-nanometre revolution in semiconductors is so vital and how China's semisconductor industry might compete. SCMP technology editor Zhou Xin analyses how Beijing sees the new law, and how the US push to form the Chip 4 coalition is a bid to...

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How China’s bank scandal and mortgage boycott have Beijing scrambling to respond

Post journalist Holly Chik and Beijing-based reporter Amanda Lee look into the Henan bank scandal where savings accounts were frozen and a subsequent protest was violently quashed; business desk reporter Pearl Liu unpacks the growing number of people across China with mortgages suspending payments on unfinished flats as more property developers slide into default, and how Beijing is trying to defuse a ticking timebomb of debt.

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