Americans hanging themselves and all the chip makers in the US

 The USA is now in the process of finalising rules to prevent China benefiting from the US$52 billion chip subsidies given to chip manufacturers building facilities in Arizona. USA companies and other foreign manufacturers benefiting from the subsidies are not to be allowed to expand their foothold in China or export products to China. Note that the narrative now is just to 'slow down' China's advance in technology sector, realising that the prevention of China's rise is now an exercise in futility. Good for China's domestic chip industry, good for SMIC and perhaps TSMC and Samsung as well.

TSMC already discarded acceptance of those subsidies because of unreasonable terms designed to hijack their high end chip expertise, on top of having to give the USA Government client's information and having to share profits with the USA Government as well, for a miserable US$15 billion subsidy. The accusation that China is stealing Western technology under the terms of its agreements with foreign entities is never more high handed than what the USA tried to steal from TSMC. TSMC already invested US$40 billion in Arizona, with benefits still uncertain, and is between a rock and a hard place.

Looking at it, TSMC is now in no way being tied down by the USA's new rules, due to non acceptance of the subsidies, and needed to expand its operations in mainland China to restore its bottom line. Unless the USA makes use of further high handed measures to stifle TSMC and Samsung, which might even collapse these two chip giants, the failure of the new rules is apparent. Perhaps the intention was to engineer a collapse of TSMC and Samsung, in order for USA chip makers to corner the market.

The indication is that this new ruling will also meet with failure, because Chinese chipmakers are now on the verge of taking a more substantial slice of the market, both in chips production and share of the domestic market demand, decreasing its dependence on foreign chip makers. China will emerge stronger by its determination to overcome the odds. What China is capable of is clear for all to see, in space technology, AI, EVs, infrastructures, Jet propulsion, and catching up on chip expertise which it had a belated start.

The new rules are centred on the chips business right, and the subsidies were given on the condition that chip manufacturers do not expand chip production in China or sell to China. Where can Chinese domestic chip producers have such opportunities to make hay while the sun shines in the absence of foreign firms competing in the Chinese market. It will be a blessing in disguise. The USA can continue to find more ropes to hang itself, not to mention hanging to dry its own chip manufacturers.

Just like the war in Ukraine, the USA is still advocating for more ropes to hang itself and Nato. Now about to send longer range ATACMS to Ukraine, touted as another game changer. Developed in the 1980's, these are probably obsolete missile system destined for the scrapyard. Dumping these to Ukraine is logical and good business for the Military Industrial Complex.

USA's rope is also hanging around the necks of its European Allies. Germany is now in recession, de-industrialisation crippling its manufacturing in the face of expensive energy cost. When Germany suffers, countries like the PIGS are not going to find others to continue to bail them out in case of difficulty. As the war is now expected to be a long haul, these tottering economies in the EU are not going to enjoy good days ahead.

Anonymous

Asian Games, 23 Sep - 8 Oct 2023 - Hangzhou City, China (Pictorial)

 

Xi attending the Opening Ceremony of the 19th Asian Games - 5 min

A 21 min clips on the opening ceremony performance

Hangzhou City

Hangzhou City2

Big Lotus Stadium

Lighting up the sky

View of the stadiums

Closed up of twin towers

 

Big Lotus Stadium where the Opening Ceremony was held.

Main stadium

Hangzhou is a second tier city in Zhejiang, China. Hangzhou has a long history and well known as one of the most beautiful city in China, famous for the West Lake and home to many poets and scholars.

USA - The warring state

 There is no way of knowing what lengths the 'unspeakable' war hawks in Washington will go to to start WW3. It is now clearly apparent that John F. Kennedy was assassinated after he prevented war between USA and Russia over the Cuban missile crisis. That they even assassinated a sitting President just to fulfill their insatiable hunger for war is really atrocious and frightening.

And that assassination also involved the FBI, CIA and organised crime. It is quite suspicious that Lee Oswald, the accused assassin, had to be assassinated by another assassin said to belong to an Organised Crime outfit, in order to kill off the trail leading to the FBI and CIA.

It is good that the world keeps talking about such events and continue to harp on the 911, which most people could not depart from the thinking that it was nothing more than a 'false flag' meticulously planned to kickstart the war in Iraq. The co-incidence were too extreme - the war games and terror exercise, allowing air defences to be circumvented. Here again many people suspected the FBI and CIA were involved, by knowingly not taking action when they obviously knew of the plot. Whether such allegations were meant to tell us the FBI and CIA were up to standard with their intelligence is subject to debate.

How good intelligence may be, the communication to the right person up the heirarchy is just as important. In the case of Pearl Harbour it was reported that intelligence report failed to be communicated to those at the top. True or not, no one can verify and is up to them to claim.

Anonymous

US using Trudeau to take down Modi

The CIA and USA backed and funded NGOs are very busy in Indonesia, Pakistan and India with elections months away. Pakistan is already gone to the dogs with Imran Khan out of contention. Color Revolution in Pakistan succeeded beyond expectation and bloodshed, thanks to the corruption rampant in the Military, Administrative and Executive arm of the Pakistani Government.

That leaves Indonesia and India for the USA to concentrate on. What the USA wants from India is not that clear cut, but prying away the layers, it is no shame to say that destroying its good relations with Russia is at the top of the agenda. Modi is not following the USA by being dictated to in this regard. So you see, even India, the largest democracy in the world, needs a regime change.

India is staring at many issues being targeted by the West. The situation in Manipur is still unresolved and festering, the Sikh assasination issue brought up by Canada and now the whole collective West is barking loudly against Modi. Analysts are comparing Trudeau's accusation of India as comparatively similar to the fiasco against China's Huawei, all under the instigation of the USA. The sacrificial lap dog is out of favour in Canada itself and may not last. Why not let it bear the burden of shame.

Trudeau is the proxy dog that the USA wants to unleash against India, knowing the assassination happened in Canada, which the USA is refusing to get directly involved, as that entails sacrificing its Indian support in countering China. The USA still needs India to counter China, thus using the juvenile deliquent Trudeau to start the ball rolling, with any consequences falling largely on the fall guy. And who else is jumping on the demonising wagon? The perennial echo-chambers, ie UK and Australia, together with the USA are straight away passengers on the wagon. Expect more of the White countries to follow.  

Anonymous

Ukraine War - Russian winter offensive coming

 Russia is going for a second winter offensive and its target is destroying the energy facilities of Ukraine, the Achilles heel of the enemy. Russia is going to bring Zelenskyy on his knees with its assault on Ukraine's energy sector during the Winter, which if it is harsh, will be detrimental. The assault by Russia on Ukraine's energy sector in 2022 was not that damaging in view of the mild winter that year. This may be different this time around.

With oil trading at more than US$90 a barrel, Russian oil is still flowing to the EU despite the sanctions, albeit under different cover after mixing eg with names such as Nigerian crude, of which the EU countries are paying through their noses. China, India, Saudi Arabia are laughing all the way to the bank, getting discounted Russian oil to sell at huge profits. The fact that this is really going on is making Zelenskyy raving mad that the sanctions on Russia is not working. What can he do, but just howl like a rabid dog.

And Zelenskyy is still high on drugs, demanding that Russia must withdraw from every inch of Ukraine before he will negotiate. He does not understand the meaning of 'Beggars can't be choosers'. Russia is not going to give up Crimea. Not even if there is a gun pointed at Putin's head.

Sure the MSM may be right about Russia loosing lots of weapons in Ukraine, but so does the USA, Nato and Ukraine themselves. It is reported that their weapons stockpile are in jeopardy. Destroying those Uranium tainted shells in Ukraine is going to be a long term health hazard, more for ordinary Ukrainians than the Russians. And the use of cluster bombs is going to cause long term issues just like the mines in Vietnam and the legacy of Agent Orange. The USA is not going to suffer those consequences, but Ukraine will.

Anonymous