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China puts supply chain security at forefront to avoid being ‘strangled’ by sanctions, analysts say

China puts supply chain security at forefront to avoid being ‘strangled’ by sanctions, analysts say
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On multiple occasions, President Xi Jinping has used the phrase qia bozi, which translates to being strangled by an adversary, in describing China’s risks in the realm of technological competition.

That is because China’s inability to produce vital hi-tech components – from computer chips in mobile phones to aeroplane engines…

To read more: https://www.scmp.com/economy/china-economy/article/3109082/china-sacrificing-economic-growth-self-sufficiency-strategy

SOURCE: SOUTH CHINA MORNING POST

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