James Crabtree is an associate professor in practice at the Lee Kuan Yew School of Public Policy at the National University of Singapore. He is author of "The Billionaire Raj."
Beijing must prepare for harsher semiconductor rules

Joe Biden holds a semiconductor chip during his remarks prior to signing an executive order on Feb. 24: Biden is likely to push forward with an evermore Chinese-style industrial policy. © Reuters
James Crabtree is an associate professor in practice at the Lee Kuan Yew School of Public Policy at the National University of Singapore. He is author of "The Billionaire Raj."