Paul Triolo is Senior Vice President for China and Technology Policy Lead at ASG, where he advises clients in technology, financial services, and other sectors as they navigate complex political and regulatory matters in the US, China, the European Union, India, and around the world. A recognized expert in global technology policy, Mr. Triolo was most recently founder, Practice Head, and Managing Director of the Geo-Technology practice at Eurasia Group. At Eurasia Group he worked frequently and closely with financial services clients, including pension funds, hedge funds, and sovereign wealth funds around the world on technology policy issues. Previously, Mr. Triolo spent more than 25 years in senior positions in the U.S. government, analyzing China's rise as a technology power and advising senior policymakers on a broad set of technology-related issues. At the beginning of his career, he worked as an engineer for a semiconductor testing firm in Silicon Valley. At both Eurasia Group and at ASG, Mr. Triolo has worked closely with some of the world’s leading companies in the semiconductor and AI sectors, helping then track regulatory issues globally, developing long-term strategies on thought leadership, and structure themselves internally to engage with regulators, particularly in the EU, the US, and China. He currently is client lead for several large and medium-sized AI clients, including companies that are developing AI IP and for firms in key industry verticals which deploy AI applications across their business operations. He served as an informal advisor to the Partnership on AI, and has written frequently on generative AI issues related to China. Mr. Triolo is frequently quoted on technology policy issues in media outlets including The New York Times, The Wall Street Journal, The Economist, the South China Morning Post, and others. He appears regularly on television media including CNBC, Bloomberg, and others and recently appeared in an episode of Nova on PBS. He speaks regularly at conferences and has authored many journal articles and book chapters on global technology policy and China-related issues. He also serves as a senior associate with the Trustee Chair in Chinese Business and Economics at the Center for Strategic and International Studies. He received an M.A. in International Relations from the Catholic University and a B.A. in Electrical Engineering from Penn State University. He is based in Washington, D.C.
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Episode 356
Paul Triolo
A New Era for China’s Semiconductor Industry | Paul Triolo
Paul Triolo is Senior Vice President for China and Technology Policy Lead at ASG, where he advises clients in technology, financial services, and other sectors as they navigate complex political and regulatory matters in the US, China, the European Union, India, and around the world. A recognized expert in global technology policy, Mr. Triolo was most recently founder, Practice Head, and Managing Director of the Geo-Technology practice at Eurasia Group. At Eurasia Group he worked frequently and closely with financial services clients, including pension funds, hedge funds, and sovereign wealth funds around the world on technology policy issues. Previously, Mr. Triolo spent more than 25 years in senior positions in the U.S. government, analyzing China's rise as a technology power and advising senior policymakers on a broad set of technology-related issues. At the beginning of his career, he worked as an engineer for a semiconductor testing firm in Silicon Valley. At both Eurasia Group and at ASG, Mr. Triolo has worked closely with some of the world’s leading companies in the semiconductor and AI sectors, helping then track regulatory issues globally, developing long-term strategies on thought leadership, and structure themselves internally to engage with regulators, particularly in the EU, the US, and China. He currently is client lead for several large and medium-sized AI clients, including companies that are developing AI IP and for firms in key industry verticals which deploy AI applications across their business operations. He served as an informal advisor to the Partnership on AI, and has written frequently on generative AI issues related to China. Mr. Triolo is frequently quoted on technology policy issues in media outlets including The New York Times, The Wall Street Journal, The Economist, the South China Morning Post, and others. He appears regularly on television media including CNBC, Bloomberg, and others and recently appeared in an episode of Nova on PBS. He speaks regularly at conferences and has authored many journal articles and book chapters on global technology policy and China-related issues. He also serves as a senior associate with the Trustee Chair in Chinese Business and Economics at the Center for Strategic and International Studies. He received an M.A. in International Relations from the Catholic University and a B.A. in Electrical Engineering from Penn State University. He is based in Washington, D.C.
In Episode 356 of Hidden Forces, Demetri Kofinas speaks with Paul Triolo, Senior Vice President for China and Technology Policy Lead at Albright Stonebridge Group, where he advises clients in technology, financial services, and other sectors as they navigate complex political and regulatory matters around the world.
This episode was inspired by an article Paul recently published for American Affairs titled “A New Era for the Chinese Semiconductor Industry.” In it, he examines how semiconductor export controls levied by the US Commerce Department have been received in Beijing and how China’s domestic semiconductor ecosystem has responded.
Paul and Demetri spend the first hour of the episode assessing the state of the Biden administration’s strategic competition with China in the area of semiconductors. Specifically, they ask (1) what are the administration’s goals, (2) are those goals clear to Western companies that have depended on selling into the Chinese market for a large share of their revenues, (3) and is the administration itself clear on what it wants to accomplish with these efforts?
In the second hour, they examine the fallout from the 2022 and 2023 semiconductor export controls, including some of the unintended consequences that could adversely impact major players in the Western semiconductor ecosystem over the long term. They discuss the Chips Act and whether more needs to be done to support America’s domestic semiconductor industry. They also do a deep dive into China’s response to these measures, including a new top-down approach to industrial policy and fully supporting open-sourced hardware architectures as a way to protect their companies from further restrictions. Lastly, they examine China’s success in electric vehicles and whether this is a harbinger of what could happen in other sectors if American policymakers are not careful.
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Paul Triolo is Senior Vice President for China and Technology Policy Lead at ASG, where he advises clients in technology, financial services, and other sectors as they navigate complex political and regulatory matters in the US, China, the European Union, India, and around the world. A recognized expert in global technology policy, Mr. Triolo was most recently founder, Practice Head, and Managing Director of the Geo-Technology practice at Eurasia Group. At Eurasia Group he worked frequently and closely with financial services clients, including pension funds, hedge funds, and sovereign wealth funds around the world on technology policy issues. Previously, Mr. Triolo spent more than 25 years in senior positions in the U.S. government, analyzing China's rise as a technology power and advising senior policymakers on a broad set of technology-related issues. At the beginning of his career, he worked as an engineer for a semiconductor testing firm in Silicon Valley. At both Eurasia Group and at ASG, Mr. Triolo has worked closely with some of the world’s leading companies in the semiconductor and AI sectors, helping then track regulatory issues globally, developing long-term strategies on thought leadership, and structure themselves internally to engage with regulators, particularly in the EU, the US, and China. He currently is client lead for several large and medium-sized AI clients, including companies that are developing AI IP and for firms in key industry verticals which deploy AI applications across their business operations. He served as an informal advisor to the Partnership on AI, and has written frequently on generative AI issues related to China. Mr. Triolo is frequently quoted on technology policy issues in media outlets including The New York Times, The Wall Street Journal, The Economist, the South China Morning Post, and others. He appears regularly on television media including CNBC, Bloomberg, and others and recently appeared in an episode of Nova on PBS. He speaks regularly at conferences and has authored many journal articles and book chapters on global technology policy and China-related issues. He also serves as a senior associate with the Trustee Chair in Chinese Business and Economics at the Center for Strategic and International Studies. He received an M.A. in International Relations from the Catholic University and a B.A. in Electrical Engineering from Penn State University. He is based in Washington, D.C.
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.
