The global race for semiconductor hegemony

Mark Leonard's World in 30 Minutes

The semiconductor industry has become the cornerstone of the structure of the global economy and the balance of geopolitical power. And Europe has now joined the United States and China in a ‘chip war’ for global semiconductor domination.In this week’s episode, Janka Oertel, head of ECFR´s Asia programme and senior policy fellow, is joined by Chris Miller, assistant professor of international history at Tufts University, and Andrew Small, senior transatlantic fellow at the German Marshall Fund and ECFR alumnus. They discuss how chips decide power in today’s geopolitical competition. What role does Taiwan’s leadership in semiconductor production play in tensions with China? And to what extent will Europe align and integrate with the United States’ China policy in the upcoming years?This podcast was recorded on 16 November 2022.Bookshelf:•“Chip War: The Fight for the World's Most Critical Technology” by Chris Miller• “The Rupture: China and the Global Race for the Future” by Andrew Small - One of the FT Best Books on Politics 2022• “Prestige, Manipulation, and Coercion: Elite Power Struggles in the Soviet Union and China after Stalin and Mao” by Joseph Torigian• “The Cashless Revolution: China's Reinvention of Money and the End of America's Domination of Finance and Technology” by Martin Chorzempa

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