China imports of semiconductor chips soar in bid to beat US curbs
Imports of the machinery used to make computer chips rose 14 per cent in 2023 to almost $40 bn, new figures show
Imports of chipmaking machines jumped last year in China as firms ramped up investment in an attempt to get around US-led efforts to hobble the nation’s semiconductor industry.
New figures show Imports of the machinery used to make computer chips rose 14 per cent in 2023 to almost $40 billion — the second largest amount by value on record in data going back to 2015, according to Bloomberg calculations based on official customs data. The ...