Daniel Slotta
Research expert covering Greater China
Semiconductor Manufacturing International Corporation - statistics & facts
The global economy and political structures are going through a metamorphosis and major global powers try to embrace the new reality. Under Trump, the U.S. and China moved towards open competition, the COVID-19 pandemic disrupted global supply chains, and the Russian invasion led to an upheaval in European energy security. The emergence of a multipolar world order puts an end to the ideal of a liberal organization of the world economy. Countries scramble to secure access to strategic resources. And for China, the access to one of the critical resources in semiconductors is SMIC.
