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Indecent exposure in critical supply chains

Por: The Hill Business December 01, 2022

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In 2016, China’s Hefei Province launched a high-profile but cryptic and closely guarded industrial project: The “506 Project.” It leveraged some 54 billion RMB of provincial funds, backed by the Chinese central government’s integrated circuit investment fund, and the expertise of leadership from SMIC, one of China’s top state-owned semiconductor companies, which was placed on the Department of Commerce’s in 2020. The 506 Project’s... + full article



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