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Thursday, May 6, 2021

$-freeloader rogue state US' criminal global trade dictatorship undermines a healthy world order


Chinese voice: "It's like when you want to drink milk but you not only need to own a whole farm, breed dairy cows, build barns, fences etc.. all by yourselves."


And $-freeloader rogue state US has nothing of that but uses its global hegemony to push the world so it fits Uncle MAGA Sam.
$-freeloader rogue state US is itself incapable of producing chips. A s it has been with so much else, it always needed help from East Asia and Europe.

And yes, US built the first massproduced car but the poor quality became only obvious when Europeans and East Asians also started building cars. So no wonder that European and Japanese luxury brands have been more popular among Americans than their own brands.  

Nuclear tech, rocket tech, computing tech etc. were all imported from Europe.

And the only reason $-freeloader US' doesn't go even further in its criminal behavior against China is because it's dependent on Chinese chipmakers for its own survival. However, this also means that those who stupidly follow the already gravely dement Uncle Sam may miss the Chinese highspeed train towards the future. And most worrisome of all is the fact that Uncle Sam starts a mass shooting in his delutional desperation.

Nikkei: It is a frustrating area of dependence for China, which imported $350 billion worth of semiconductors last year, according to the China Semiconductor Industry Association. Removing this source of U.S. leverage over its economy became a national priority two years ago, when Washington put sanctions on China's biggest telecommunications equipment maker, Huawei Technologies, while spreading unfounded spying allegations that the Chinese company has constantly denied.

This was followed by sanctions on several other major Chinese technology companies, from its top contract chipmaker, Semiconductor Manufacturing International Co., to Hikvision, the world's biggest surveillance camera maker. Over a hundred companies in total have been placed on a trade blacklist prohibiting most U.S. technology to be sold to them without a license. That has spurred an aggressive effort by Beijing to identify and replace risky parts and suppliers.

The result has been an unprecedented flourishing of chip-related companies within China. Dozens of Chinese companies, with specializations mirroring U.S. incumbents in key areas from ion implantation to etching, have sprung into prominence over the past few years, accelerating as the state realizes the enormity of the self-sufficiency project.


 

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