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Chronicles

The story behind the story

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A look at China's plans to “de-Americanize” its domestic chip industry, seven months after US curbs started, using billions in cash from Beijing and investors

Seven months after Washington unveiled tough curbs, Chinese companies are doubling down on homegrown supply chains …

New York Times

Discussion

  • @padreinatlanta Fr. Bruce Wilkinson on x
    The West just doesn't understand how the Chinese system works ... it's not just about profits, as in capitalism, but about controlling manufacturing sectors. https://twitter.com/...
  • @rebeccaychan Rebecca Chan on x
    And that business is never moving back to America and its vassals. https://twitter.com/...
  • @rnaudbertrand Arnaud Bertrand on x
    This NYT article confirms what's always been obvious. China used to import $300bio a year (!!!) worth of chips. This money now builds its own firms, and is a huge loss of revenue for chip firms abroad. Biggest own goal in the history of economic warfare. https://www.nytimes.com/.…