The pandemic has caused a vast number of unanticipated difficulties, from supply chain issues to furthering a shortage in semiconductor chips globally. While these challenges have been felt everywhere, China, with its rapid electric vehicle (EV) growth and its burgeoning 5G industry, has been heavily impacted by the chip shortage and now is prioritizing creating its own chips. The U.S. and China have both committed to building up their own semiconductor industries, pouring tens of billions of dollars into an industry that will ultimately provide a lot of self-sufficiency across a lot of sectors, reports KraneShares in a recent white...