In Episode 356 of Hidden Forces, Demetri Kofinas speaks with Paul Triolo, Senior Vice President for China and Technology Policy Lead at Albright Stonebridge Group, where he advises clients in technology, financial services, and other sectors as they navigate complex political and regulatory matters around the world.
This episode was inspired by an article Paul recently published for American Affairs titled “A New Era for the Chinese Semiconductor Industry.” In it, he examines how semiconductor export controls levied by the US Commerce Department have been received in Beijing and how China's domestic semiconductor ecosystem has responded.
Paul and Demetri spend the first hour of the episode assessing the state of the Biden administration’s strategic competition with China in the area of semiconductors. Specifically, they ask (1) what are the administration’s goals, (2) are those goals clear to Western companies that have depended on selling into the Chinese market for a large share of their revenues, (3) and is the administration itself clear on what it wants to accomplish with these efforts?
In the second hour, they examine the fallout from the 2022 and 2023 semiconductor export controls, including some of the unintended consequences that could adversely impact major players in the Western semiconductor ecosystem over the long term. They discuss the Chips Act and whether more needs to be done to support America’s domestic semiconductor industry. They also do a deep dive into China’s response to these measures, including a new top-down approach to industrial policy and fully supporting open-sourced hardware architectures as a way to protect their companies from further restrictions. Lastly, they examine China’s success in electric vehicles and whether this is a harbinger of what could happen in other sectors if American policymakers are not careful.
You can subscribe to our premium content and access our premium feed, episode transcripts, and Intelligence Reports at HiddenForces.io/subscribe.
If you want to join in on the conversation and become a member of the Hidden Forces Genius community, which includes Q&A calls with guests, access to special research and analysis, in-person events, and dinners, you can also do that on our subscriber page at HiddenForces.io/subscribe.
For a 50% discount to American Affairs, use the code “HIDDENFORCES24” during checkout.
If you enjoyed listening to today’s episode of Hidden Forces, you can help support the show by doing the following:
Subscribe on Apple Podcasts | YouTube | Spotify | Stitcher | SoundCloud | CastBox | RSS Feed
Write us a review on Apple Podcasts & Spotify
Subscribe to our mailing list at https://hiddenforces.io/newsletter/
Producer & Host: Demetri Kofinas
Editor & Engineer: Stylianos Nicolaou
Subscribe and Support the Podcast at https://hiddenforces.io
Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod
Follow Demetri on Twitter at @Kofinas
Episode Recorded on 03/05//2024
Does the Fed Have Any Idea What It’s Doing? | Jeff Snider & Brent Johnson
How to Manage Risk in the Coming Recession | David Rosenberg
Is the Banking Crisis Over or Has It Just Begun? | Jeff Snider
What the Bailout of SVB Means for the Fed's Fight Against Inflation | Steven Kelly
How Our Brains Model Reality & the True Nature of the World | Iain McGilchrist
What’s Happened to Consensus Reality? | Jon Askonas
What Pre-WWII France Can Tell Us About America in 2023 | Jonathan Kirshner
How to Balance Legitimacy & Power in a Fractured World | Sir Paul Tucker
The 1990s and the Cancellation of the Future | Chuck Klosterman
The Effect of China’s Reopening on Global Growth & Inflation | Shehzad Qazi
What Comes After Secular Stagnation? | Barry Eichengreen
How Sanctions and Export Controls Weaponize Global Trade & Finance | Agathe Demarais
Navigating the Converging Worlds of Macro & Geopolitics | Roger Hirst & Jacob Shapiro
Turkey-Syria & the New Geopolitics of the Greater Middle East | Joshua Landis
What Is Silvergate Capital & Why Does It Matter? | Edwin Dorsey
Are We Headed Towards a Monetary Breakdown? | Jeff Snider
Why You Should Care About the Twitter Files | Renée DiResta
How Much of Crypto Is a Criminal Conspiracy? | James Block
China's Plan to Decouple From the US Dollar | Diana Choyleva & Dinny McMahon
Crypto Contagion, Genesis, & the FTX-USDT Connection | Coffeezilla
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Gorse Culture PODcast : The H.R. Detective Agency!
The Ramsey Show
Planet Money