Asia Times: US chip ban de facto declaration of war on China?
America’s latest chip war sanctions risk wider conflict in physical and economic spheres.
The United States has gambled big in its latest across-the-board sanctions on Chinese companies in the semiconductor industry, believing it can kneecap China and retain its global dominance.
From the slogans of globalization and “free trade” of the neoliberal 1990s, Washington has reverted to the technology-denial regimes that the US and its allies followed during the Cold War. While it might work in the short run to slow down Chinese advances, the cost to the US semiconductor industry of losing China – its biggest market – will have significant consequences in the long run.
In the process, the semiconductor industries of Taiwan and South Korea and equipment manufacturers in Japan and the European Union are likely to become collateral damage. It reminds us again of what former US secretary of state Henry Kissinger once said: “It may be dangerous to be America’s enemy, but to be America’s friend is fatal.”
Read more ....
Update #1: Why Biden's Block on Chips to China Is a Big Deal (The Atlantic)
Update #2: The US Declares Chip-War on China (PRIO)
WNU Editor: This is why the US ban on advanced microchips will impact China severely .... Will The U.S. Ban On Chip Development In China Send China Into The Dark Ages? (October 22). And the US is planning even more curbs and bans .... Semiconductor export curbs hitting China to be followed by biotech and AI restrictions: US official (SCMP).
From Beijing's perspective this is only feeding their belief that the US wants to isolate China and to limit its military/economic growth .... US needs immediate action to bring China relations back to the track of sound development (Global Times).
And while the recent China Congress did not say it bluntly, if you read between the lines there is a realization that they must prepare for a military conflict .... Analysis: Xi's new generals offer cohesion over possible Taiwan plans (Reuters).
What nation helps a rival beat them economically or militarily? Madness for the USA to enable this.
ReplyDeleteChina has a long track record of stealing American tech and data. They are now aggressive as a military. Shaft them if we can. Before it’s too late.
It's probably too late for this to have the intended effect. The US made a strategic mistake by industrialising the PRC
ReplyDeleteI don't think a major power like China needed the US to "industrialize" it. With that said I agree China is here to stay for the foreseeable future and US leadership will need to act accordingly. In contrast, the position of the US is precarious at best
DeletePrediction: The Biden admin will back down and placate China.
ReplyDeleteIt won't "send China back to the dark ages" but it definitely is a declaration of war and China now see's the US admin for what it is.
ReplyDeleteAnd the US admin is finally seeing China for what it is. Totalitarian assholes and intellectual property thieves with zero concern for either international laws or the welfare of their neighbors.
ReplyDeleteTry getting your enemies to observe your IP rules while at total war.
ReplyDeleteMaybe our slaveowning elite class wasn't that bright when they decided to offload manufacturing to a rising empire and pray that some rule on paper would guarantee perpetual rentierism. Really makes you wonder what other pillars of our socio-economic model can simply be defeated by ignoring them. Surely the infinite debt model will never be questioned by the Chinese either, right? Surely we'll always have an unlimited number of buys for our treasury bonds. Unless..?