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  1. Protection of the global supply chain is important for high-tech companies Chinese companies need to avoid U.S. criticism and potential U.S. penalties, trade restrictions related to possible export control violations. As demonstrated, China will try to build their own industry by themselves. Over the past two decades, China welcomed multinational companies. But now in the coming years and decades, China will say no, it must be produced by Chinese. China makes about half of the world’s electric vehicles, and it will very likely continue to play a key role in the future. Six of the top-ten b
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