BEIJING - The recent slew of trade policy and legislative measures taken by the United States to curb China will hurt its biggest rival's chip-making industry, especially with the passing of the Chips and Science Act on July 28.
But the effects of the US manoeuvres may be short-lived, given the draw of China's vast demand for chips, which are used in anything from consumer electronics to military equipment, incentivising semiconductor companies to look for workarounds, analysts said.
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