As I said many times before, selling to the USA or to Europe is just the same as selling to the Global South. China just have to sell at the same price, make the same things incurring the same cost, makes the same margin of profit, keeps the factories running and people gainfully employed.
China has already abandoned a few European states - Lithuania and soon Poland. The Netherlands will find out once China succeeds in its EUV machine venture. But China is not just putting its eggs in one basket over EUV machines. China is finding new ways to extract more value from lower-end chips made with DUV machines that China has in abundance. Most of the world's consumer products are dependent on legacy chips, not high-end Nvidia chips. Those chips are only for mobile phones, military usage, AI and data center consumption.
The latest update puts 5 nanometer chips ready for mass production by Chinese tech firms not far away. The other news of even better chips being tested is subject to verification.
Anonymous
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Europe is done for with leaders like Kaja Kallas running the show as the EU Foreign Policy chief. She spouts nonsense easily when she opens her mouth, without hindsight and exposing her pea brain.
Yet she wants to put herself in talks on Ukraine. This moronic bimbo is telling the world that Russia is not serious about wanting peace in Ukraine. Where was she when a peace deal was about to be signed between Russia and Ukraine at the start of the Ukraine conflict and Boris Johnson sabotaged the deal. Who was serious about wanting peace and who wanted the war to continue, thinking that Nato is on a winning streak.
Kaja Kallas also claimed that Russia is pretending to negotiate while bombing civilians. What has she got to say about Israel's actions in Gaza bombing schools, hospitals and UN refugee camps? Or about the USA pretending to negotiate with Iran while bombing schools and killing innocent children. Does she have eyes to see?
Europe is being led by the nose by pro-USA leaders like Ursula von de Leyen and Mark Rutte and of course Kaja Kallas. It is time for China to think seriously about de-coupling from Europe rather than just continue dealing with the pest.
Right now, Europe is in trouble with protests all over and spreading. There is always a limit to squeezing the people and when they are against the ropes trying to cope with cost of living, it will erupt into chaos. The people are already hard pressed by the cut in cheap energy from Russia and now with the war in the Middle East leading to escalating inflation, the problems are mounting.
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