Published 17:33 IST, March 15th 2023
Amid US' export bans, China's booming chip manufacturing industry poses major threat
Through the CHIPS Act, the US increased its competition with China in the semiconductor chip industry. However, China's growth is a global security threat.
![China](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/hrvglxyof9pijgpy_1678875093_16_9.jpeg)
Image: AP | Image:
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17:33 IST, March 15th 2023