The policy of "engagement" has defined U.S.-China relations for almost a half century. It didn't have to end this way.
In 1967, as race riots spread across the United States and as the Vietnam War raged on, an astounding 70 percent of Americans agreed on one thing: the greatest threat to U.S. security was the People’s Republic of China. At the time, China was in the throes of one of the most violent, anti-democratic upheavals of the century, The Great Proletarian Cultural Revolution, and Americans feared that the contagion of Mao’s “people’s war” would spread from Indochina around the world.
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Shanghai Micro Electronics Equipment (SMEE) wants to be 'China's ASML' and produce the engineering marvels that help 'print' semiconductor chips. But it seems to be woefully behind that mission, imperiling China’s effort to domesticate chipmaking at a critical time. With a vast network of suppliers and all of China rallying for it to succeed, can it finally catch up?
The former Speaker of the House talks about her long involvement with Chinese issues, why she visited Taiwan and how ‘big money’ interests have dominated the U.S.’s approach to China.
Navigate China's Business Landscape with Confidence.