Posted on 11/08/2018 6:42:51 PM PST by cba123
Washington's decision to cut off US supplies to a Chinese chip-maker spotlights mounting tensions over China's drive to be a global player in computer chips and the ways in which Taiwan companies are helping it get there.
Shut out of major global semiconductor deals in recent years, China has been quietly strengthening cooperation with Taiwan chip firms by encouraging the transfer of chip-making expertise into the mainland.
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Now it is time for America to get serious about fixing the mess, which is our very, very significant trade imbalance with China.
Stand up for America, Mr. President.
I know you are already. I and many millions of Americans support you 100%.
But our trade deficit with China is MASSIVE.
Do more about this terrible, terrible trade deficit, America is running with China.
It is the worst, between any two countries, EVER.
Getting even worse this year.
Do something about this mess. Please.
It's a TRICK!
The trade “imbalance” is just a monetary problem, the continued theft of our intellectual property threatens our superiority as a military power.
BOTH are big, big problems.
Both.
Funniest thing I hear from certain product fanboys: “Their contractors aren’t in China, they’re headquartered in Taiwan!’
Great guy to follow on China economy: https://twitter.com/BaldingsWorld
...Shut out of major global semiconductor deals in recent years, China has been quietly strengthening cooperation with Taiwan chip firms by encouraging the transfer of chip-making expertise into the mainland.
Taiwan chip giant United Microelectronics Corp (UMC) last week halted research and development activities with its Chinese state-backed partner Fujian Jinhua Integrated Circuit Co, following the US move.
Taiwan firms such as UMC have helped supply China with a steady pipeline of chip expertise in exchange for access to the fast-growing chip market there.
China has faced a shortage of integrated circuit (IC) chips for years. In 2017, it imported $270 billion (roughly Rs. 19.5 lakh crores) worth of semiconductors, more than its imports of crude oil.
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