Since I last wrote about China’s responses to U.S. export controls in these pages, in February 2024, much has changed, both in terms of U.S. export control measures and the situation on the ground in China. The relative strength of China’s domestic semiconductor industry has also received substantially more media attention. Teardowns of advanced semiconductors produced by domestic foundry leader SMIC purport that China is only three years behind global foundry leader TSMC, though these types of ...