On April 13, Valdai Club hosted an expert discussion, titled “The Global Chip Race: What Will Be the Outcome for Russia, the US and China?”, timed to coincide with the release of the new Valdai Paper “US CHIPS and Science Act and Its Impact on Russia’s High-Tech Sector”. Stanislav Tkachenko, Valdai Club expert, DSc (Economics), Professor, St Petersburg State University (co-author of the Paper); Andrey Terekhov, Head of the Department of System Programming, Faculty of Mathematics and Mechanics, St. Petersburg State University; President of the Lanit-Tercom IT company (co-author of the Paper); Ruslan Yunusov, Co-Founder, Russian Quantum Center; Nelson Wong, Vice President of the Shanghai Center for Strategic and International Studies, participated. The event was moderated by Ivan Timofeev, Programme Director, Valdai Discussion Club.