Did Trump's trade war crippled China? It did cripple some people - the farmers in the USA and not China. On the other hand, it was to lead to the rise of BRICS and the Global South. It was a blessing in disguise for Brazilian, Russian and Argentinian farmers taking over the Chinese market.
Did the USA sanctions on Huawei killed it? Huawei is now competing with USA chip titans and other global telecommunication giants like Ericson and Nokia. What does not kill Huawei makes it stronger and it is the nightmare that the USA did not want and did not expect. Huawei's innovative DNA was what makes the USA terrified of the company and had to ban it.
Trump can seize Venezuela's oil to plug the USA's huge debt blackhole. Trump can shout 'drill baby drill' for more oil to flood the market, bring down the price of energy, but that will also kill off USA oil companies, who will be unable to break even with oil prices falling. The sword cuts both ways.
China is reported to be building renewable energy generating infrastructures that now powers more of China's electrification demand and allows the country to depend less on oil and coal. In fact, the expectation is that China's demand for oil and coal will decline progressively going forward.
Anonymous
3 comments:
China has now officially told Chinese companies not to buy Nvidia H200 chips, now on fire-sale by Trump to China, which China no longer wants. This is an excellent strategy to wean Chinese companies away from foreign made chips and use domestically made chips that are compatible.
If China allows Nvidia to keep selling less powerful chips, it breeds a dependency mentality and does not promote innovation for Chinese chipmakers like Huawei and SMIC among others. Necessity is the mother of invention and relying on others does not promote innovation. It stifles innovation by taking the easy way out. National Security Issue is another reason not to be held hostage in times of conflict by foreign Governments.
China may right now be still lagging behind the USA in high-end chips, but the gap is closing. Never underestimate the resolve of the Chinese when they decide to take on challenges. The Chinese resolve is to win, not to be just on par.
The USA and the West wanted to keep China away from doing experiments in space by preventing China from going to the International Space Station. China just built its own Tiangong Space Station and now they are worried about what the Chinese are putting on its very own space station.
The USA and its allies wanted to cripple China's aviation industry by sanctioning the sale of jet engines for the C919 planes. Now China has succeeded in making its own jet engines for the C919. Boeing and Airbus are going to face real competition from COMAC, with China's domestic carriers opting for China's domestically developed planes. The demand of the Chinese domestic aviation sector alone is enough to keep COMAC busy as thousands of planes are needed for the expanding Chinese domestic market. This is on top of other countries now also buying the C919.
Another area the USA and its allies tried to cripple China was its high-speed rail, with the sanctioning of high-end bearings for trains. China has also overcome this hurdle and is capable of producing such bearings to keep the high-speed rail system running and expanding.
Did China foresee all that all these hurdles will be erected to cripple China's development? I think China saw all the dirty tricks long before they were put into motion and had been working decisively behind closed doors to overcome them, a mission that was maybe decided decades earlier.
Talking about chips and AI, China is now enjoying the blessing that chip and AI talents are converging onto the Chinese mainland, all thanks to the trade war, espionage war and anti-Chinese propaganda war trotted out by Trump.
China's progress has much to thank the USA and Trump for, LOL. Otherwise, the Chinese peasants will still be cooks and laundrymen and still lending money to the USA to buy Chinese goods made by peasants that the USA is still hungry for. Wonder if eye liners are still being sold to the USA and being used by a special guy.
As I like to say, who laughs last always laughs best.
You mean eye liners used by that drag-queen?
Post a Comment