Part 12/15:
In the realm of technology, China is also asserting itself. The city of Hery in East China functions as a strategic hub, especially for semiconductor development and cutting-edge industries like artificial intelligence and quantum computing. China has invested over $5 billion into semiconductor startups, aiming for technological self-sufficiency amid U.S. restrictions.
U.S. policies, including export controls described as a "small yard and high fence," are designed to limit China’s access to critical technologies, compelling China to accelerate domestic innovation. While this push for self-reliance fosters technological growth within China, it also presents challenges—corruption scandals and misallocated funds have somewhat hampered progress.