US has gone all-in to openly block China’s path to become an advanced economic peer, even at significant risk to U.S. and allied interests. What could go wrong?
https://foreignpolicy.com/2022/10/12/biden-china-semiconductor-chips-exports-decouple/
US has gone all-in to openly block China’s path to become an advanced economic peer, even at significant risk to U.S. and allied interests. What could go wrong? https://foreignpolicy.com/2022/10/12/biden-china-semiconductor-chips-exports-decouple/ 4 comments
@tychosoft it already is, here's what's happening to Nvidia and Intel stocks as a result of the CHIPS sanctions @yogthos there are things made in china that no us manufacturer has been willing to produce in a decade, and they price down to qty 1 pricing, where US mfgs refuse to even talk to you unless you have a multi-million line of credit and order in lots of 10K. America will continue to be a place of declining opportunity and mass poverty for those not already wealthy. @tychosoft yeah for sure, I don't think people realize how unrealistic any prospects of reshoring actually are |
@yogthos i see this backfiring, badly