I am sure China can grow silicon crystals and do chip designing with powerful AI chip designing software. China needs to make the Stepper first. This is the most critical piece of equipment. The US is not selling it to China anymore.
QE is not intervening or controlling the market. LOL This is where you are wrong. QE is trying to create an economic environment that is more conducive to one state over another; it is still letting the market play out how it wants to.
That is NOT the point. LOL The point is Cuba is not being invaded. Taiwan is. You know it. Well China's interpretation of "obeying the law" is very different from what the rest of the world's interpretation because China is not governed by rules of law in the first place. It doesn't even have due process. There is no limit on the time an accused must be charged; the accused can stay in Chinese jails forever without ever being charged. The judiciary system is not even independent in China; it serves at the whim of the central government. How can you declare China be "obeying the law" when there are no laws to speak of in China? LOL
Maybe it's one of those replicas in china, somewhere next to Shanghai, where they rebuild the whole city based on an old European architecture, e.g Venice.
BS! Cuba suffers, Taiwan not, and Taiwan is not being invaded. Claiming something else is cheap US propaganda against China. Hearsay, I would say. Ie. propaganda. Show us concrete, verifiable, hard examples. Like the Guantanamo prisoners waiting now for 20 years for a trial by a US court, and who got tortured by the US with "waterboarding" and other torture methods. And abduction of suspects all around the world and putting them into secret jails, mostly abroad, and torturing them there to juice out information from them. Before falsely accusing others, one should be aware of the own sins.
Not the US but the Netherlands has the biggest and most advanced stepper builder in the world. Google ASML. https://www.eenewsanalog.com/news/asml-was-hit-chinese-espionage https://www.asml.com/en/ ASML is already raking in boatloads of cash. The disruptor achieved record earnings in late April, which sent the stock surging to all-time highs: ASML has more than tripled since 2018. https://www.cnbc.com/2021/10/12/chip-machine-maker-asml-will-grow-into-a-500-billion-business.html
Taiwan is not suffering because it has protection from the US and all the western nations. Cuba is not suffering, first of all so stop with the CCP rhetoric. Abduction of suspects all around the world and putting them into secret jails? You mean like how China arrested the two Canadians in a covert operation in the middle of the night and then detained them in secret jails? LOL Yes, before falsely accusing others, one should be aware of the own sins. Yes you should improve your English more before you troll btw. It will allow you to spread your propaganda more effectively. LOL
The below article discusses Palantir's lead in discreet data transfer and isn't the reason I bring it up. Rather, within is information relevant to our discussion about China and how the criticism by some of its communist government's over reach actually is just as applicable to the US. https://seekingalpha.com/article/44...&utm_source=seeking_alpha&utm_term=must_reads "(The chip shortage) crisis has been exacerbated by the fact that Intel (INTC), which once unequivocally dominated the industry with the help of Microsoft (MSFT), has fallen significantly behind TSMC (NYSE:TSM) and Samsung (OTC:SSNLF) in semiconductor manufacturing technology.... The result has been a disaster for Intel, but a windfall for TSMC... This has prompted calls for government intervention. If 'data is the new oil', then semiconductors are the refineries. This crisis stretches into a geopolitical dimension, as the U.S. and China compete technologically. Should China invade Taiwan, a strategic priority for the CCP, they would take control of TSMC and capture the world's most advanced manufacturing technology in the process. Government Intervention Behind the headlines, an important development has taken place. In response to the crisis, the U.S. Department of Commerce requested that industry firms voluntarily submit data that would give the DoC deep insight into the industry supply chain. This request not only solicited data from U.S. firms, but TSMC and Samsung as well, the world's largest fabs. TSMC was heavily pressured by the CCP not to comply. DoC head Gina Raimondo threatened to invoke the Defense Production Act if industry firms did not respond. While most of this data will be kept in confidence by the Department of Commerce, some commentary was aptly made public. Intel, which has begged the government for a bailout while raising its dividend (and then threatening to open up a new facility in China), received scathing criticism: Among the SIA corporate signatories of a letter to President Biden in February 2021, the five largest stock repurchasers—Intel, IBM, Qualcomm, Texas Instruments, and Broadcom—did a combined $249 billion in buybacks over the decade 2011-2020, equal to 71 percent of their profits and almost five times the subsidies over the next decade for which the SIA is lobbying. In addition, among the members of the Semiconductors in America Coalition (SIAC), formed specifically in May 2021 to lobby Congress for the passage of the CHIPS for America Act, are Apple, Microsoft, Cisco, and Google. These firms spent a combined $633 billion on buybacks during 2011-2020. That is about 12 times the government subsidies provided under the CHIPS for America Act to support semiconductor fabrication in the United States in the upcoming decade. On June 8, 2021, the Senate approved $52 billion for the CHIPS for America Act, dedicated to supporting the U.S. semiconductor industry over the next decade. But this request for major new public funds is paradoxical, almost self-defeating from a public interest standpoint. As we document in this Working Paper, most of the SIA corporate members now lobbying for the CHIPS for America Act have squandered the support that the U.S. semiconductor industry has received from the U.S. government for decades by using their corporate cash to do buybacks for the purpose of boosting their own companies’ stock prices. -Institute for New Economic Thinking (working paper here) It's worth noting that TSMC's founder Morris Chang recently described Intel's new CEO Pat Gelsinger as 'very discourteous' and furthermore that U.S. efforts to rebuild domestic semiconductor manufacturing won't succeed." The bold emphasis is mine and the article was heavily redacted to focus on the point I want to make. The world's leading countries will do what they can to maintain their leadership. It has nothing to do with what political system runs them, it has to do with hegemony, basically acting like the bully in the schoolyard to maintain superiority. While China steals and copies to attain parity or superiority, the US "requests" or threatens (carrot and stick diplomacy). And as the article points out, the US government heavily subsidizes its chip industry while Intel and Co. spend their resources on buybacks to benefit their stock price and thus the bonuses of their leadership teams. The US is its own worse enemy. The level of selfish corruption (strategies to benefit C levels is corruption in my book) and our inability to compete against later entrants (Taiwan, Korea) is the problem, not China.