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Data shows Chinese orders for chipmaking equipment rose 58% YoY in 2021, as some US chipmakers claim Chinese companies are paying above-market prices (Bloomberg)

Bloomberg:
Data shows Chinese orders for chipmaking equipment rose 58% YoY in 2021, as some US chipmakers claim Chinese companies are paying above-market prices  —  China’s semiconductor industry is showing signs of flourishing even in the face of Biden administration efforts to counter its growth, raising alarm bells in Washington.