China semiconductor industry decapitated

Discussion in 'Economics' started by VicBee, Oct 15, 2022.

  1. Peter8519

    Peter8519

    If this website can be trusted, TW export to China + HK is about 40%.
    Bureau of Foreign Trade --Trade Statistics
     
    #21     Oct 15, 2022
    destriero likes this.
  2. The US does not learn from recent examples: the EU idiots thought they can do w/o Russian oil & gas, and now have oil and gas shortages and skyrocketing oil and gas prices. :)

    I think similar will happen with electronics made in the West (if any :)): skyrocketing prices due to chip shortages, b/c China soon will retaliate...
     
    #22     Oct 15, 2022
  3. d08

    d08

    I wouldn't read so much into it from an article. It's unlikely they can be stripped of citizenship, it's not that easy. They can have bank accounts frozen and can face jail-time of course. In the global superpower fight, all resources are weaponised. It's actually a smart move by the Americans, there's no point in playing nice with the likes of Russia and China. One of those already chose direct war instead, so I think rough diplomacy is much better than actual dead people in the thousands.
     
    #23     Oct 15, 2022
    NoahA and schizo like this.
  4. B/c you are so simple minded... :) You can put me into your ignore list! :)
     
    #24     Oct 15, 2022
  5. mervyn

    mervyn

    I take the official data with a grain of salt. Taiwan businesses in China like Foxconn exports to other countries count as China export, particularly in semiconductor and shipping.
     
    #25     Oct 15, 2022
  6. M.W.

    M.W.

    Agree with most points, though stripping citizens of their nationality and passport and making them stateless is a whole new level. Goes against everything this country claims it stands for and defends. Unless of course the new benchmark are rogue states. Would not be the first time. The elites in the US who wrote and enforce the laws since foundation are panicking over being compared with other leading industrialized nations. Much easier to compare oneself with Venezuela, China, and Russia.

     
    #26     Oct 15, 2022
  7. ph1l

    ph1l

    #27     Oct 15, 2022
  8. schizo

    schizo

    So would locking up those who work for Chinese be a better solution?

    Even though I agree that stripping one's citizenship is going too far, this mandate is in effect the same thing as any previous sanctions the US government has imposed against other countries (eg, Iran, North Korea, etc). If I'm not mistaken, and I'm pretty damn sure I'm not, you are not allowed to do any type of business with those under sanction.
     
    #28     Oct 15, 2022
  9. schizo

    schizo

    But why do I get the feeling that Chinese orchestrated the present inflationary climate with their zero-corona BS, thereby creating a supply bottleneck? Wasn't that their intention all along, namely to destabilize the West, especially the US?
     
    #29     Oct 15, 2022
    VicBee likes this.
  10. schizo

    schizo

    Hey @Baron, you need to create "Dislike" button.
     
    #30     Oct 15, 2022
    VicBee and d08 like this.