Analysis: Bold Action Required on Renewal of the Information Technology Agreement During APEC Summit
In the end, Ernst concludes, both the U.S. and China have a strong interest in finding a compromise during the APEC Summit. From the U.S. perspective, a mini ITA-2 without China would be an oxymoron. Not only is China the world biggest smart-phone market, it is also by far the most important market for U.S. semiconductor firms.
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