The ban on sales of ZTE, imposed by the US, made China feel the weight of a small chip. The ban is termed as a trade war. What is the truth behind this trade friction? Why did the Chinese microchip industry encounter such a predicament? What is the future of the microchip industry in China? This book tried to answer these questions, uncovers the secrets of China's microchip industry, and traces its development. It looks at bridging the gap between the chip technology and public perception, and predicts how China can make a breakthrough in this industry. The book takes a 'macro-history view' to describe the race among superpowers in the microchip industry and records people's constant explorations into the industry in the past six decades. It also compares the microchip industry in China to that of United States, Japan, and South Korea.

Openness and competition sparked major advances in Chinese industry. Recent policy reversals emphasizing indigenous innovation seem likely to disappoint.

This book gives an overall description of China's manufacturing industry in the process of China's industrialization and comprehensively analyzes the development status, level, stage, problems, tasks and future development prospects of China's manufacturing industry. Under the background of Sino-US trade dispute, understanding China’s manufacturing gives a rational analysis of the opportunities and challenges of China’s manufacturing, deeply discussing the specific tasks which China’s manufacturing is facing, such as the resolve of excess production capacity, technological innovation, intelligent manufacturing and green manufacturing, a service-oriented manufacturing and industrial base, and displaying the development prospect of China toward the high quality. Understanding China’s manufacturing has a strong reference significance for comprehensive and appropriate understanding of the development of China's manufacturing industry, as well as good policy reference significance for promoting the high-quality development of China's manufacturing industry.

The semiconductor industry is a vital industry for military establishments worldwide, and the control of, or loss of control of, this key industry has enormous strategic implications. This book focuses on the globalization of the strategic semiconductor industry and the security ramifications of this process. It examines in particular the migration of the Taiwanese chip industry to China as part of the globalization of production processes, and the extent to which such a globalization process poses security challenges to the United States, China and Taiwan. Transcending disciplinary boundaries between international political economy, security studies, and the history of science and technology, this multidisciplinary work provides an in-depth understanding of the globalization-security nexus, and disentangles the key policy issues connected to a potential explosive flashpoint in world politics today.

In less than three decades, China has emerged as the world's largest exporting nation with more than $2 trillion exports annually. China's quick rise as a leading exporter in the world is an unprecedented miracle. There are many theories explaining this miracle. This book adopts the global value chain (GVC) approach to analyze the Chinese export miracle over the last four decades. It focuses on the tasks rather than the gross export value and emphasizes the organizations of modern trade rather than the national comparative advantage. The GVC approach systematically explains how, in less than four decades China has evolved from a closed economy to the world's No. 1 exporting nation; why China, a developing country, has exported more high-technology products than labor-intensive products to the US; and why almost half of the US trade deficit has originated from China.The book identifies three spillover effects of GVCs that originated from brands, technology and product innovation, and distribution and retail networks of GVCs lead firms. It argues that China's deep integration with GVCs has been a decisive factor for China's emergence as the world's No.1 exporting nation and the champion of high-technology exports. In addition, this book uses iPhone trade and the operation of Apple, the largest factory-less American manufacturer, to explain how current trade statistics exaggerate China's exports to and its trade surplus with the US on the one hand, and underestimate US exports on the other hand.By using the experience of the Chinese mobile phone industry, the book argues that the GVC strategy can be a short-cut for developing countries to achieve industrialization and enable firms of developing countries to enter high-technology sectors despite their intrinsic disadvantages. At this end, the book also discusses the future trajectory of China-centered GVCs under the shadow of the US-China trade war and the COVID-19 pandemic.

From a unique Global South Political Economy perspective, this volume showcases outstanding works on the economic, social, and political development of China. It covers topics such as the Chinese development model, the evolution of social classes, the country's projection on the global stage, and the recent technological dispute with the United States. It does so by avoiding the trap (particularly perilous in the case of China) of isolating the economy from politics. The authors demonstrate that without understanding the contradictory movements of these two dimensions in their historical evolution, it is impossible to grasp contemporary China. Contributors are: Esther Majerowicz, Carlos Aguiar de Medeiros, Isabela Nogueira, Edemilson Paraná, Valéria Lopes Ribeiro and Hao Qi.