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OPINION

Opinion: Government-Led Chip Technology Drive Could Lead to Low Efficiency, Corruption

Editor’s note: China’s chip industry has dominated headlines in recent weeks amid U.S. actions against telecommunications giant ZTE.

In 2013, well-known Chinese economist Wu Jinglian wrote the following letter to Miao Wei, the minister of Industry and Information Technology, in which he described the challenges that lay ahead for the country’s chip manufacturers. The letter has been translated and edited for length.

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