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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: sandeep who wrote (41049)5/8/2025 6:49:37 AM
From: skinowski  Read Replies (1) of 41419
 
China’s chip imports in 2020 totaled $378 billion, the single largest item in its international trade. American pressure has prompted China to push for self-sufficiency, raising the possibility that China’s chip industry may become the world’s dominant producer by the end of the decade.
asiatimes.com

So, Biden cuts China off from buying US chips - which forces them to focus on developing their own capabilities. US companies lose their largest buyer - which means fewer dollars for R&D (and for the bottom line). Of course, the US - China trade imbalance becomes an even larger problem. And so it goes.

US news and world report is an old American publication. en.m.wikipedia.org
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