A push to raise China’s self-sufficiency in key technology sectors looks likely to be a theme of the new Five-Year Plan that the leadership will discuss at next week’s Plenum. Many commentators appear to believe that success in nurturing a domestic semiconductor industry would turbo-charge China’s economy. We think the opposite is more likely to be true. But faced with the prospect of being cut off from foreign supply chains, the leadership may have no better options.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services