| Submit your comments on this article |
| China-Japan-Koreas |
| New Chip Sanctions on China Impact US Exporters - US Citizens Must Quit Jobs in China |
| 2022-10-19 |
| [BusinessTimes] THE Biden administration landed its heaviest blows yet in this month’s escalation of the US war on China’s semiconductor ambitions. The sweeping new restrictions unveiled Oct 7 affect not only the sale of advanced integrated circuits, sophisticated chipmaking equipment and supercomputer parts but also China’s ability to hire top talent. In the short term, the restrictions will limit Chinese chipmakers’ ability to make certain types of electronic devices that are at the heart of modern products ranging from household appliances to mobile phones, smart electric vehicles and advanced military weapons. In the long term, the policies may spur China to try to accelerate its self-sufficiency drive in semiconductors and the equipment to produce them, industry experts say. |
| Posted by:Slenter Panda4300 |
| #2 Very poorly written sanctions - where shall I begin … 1) US citizens (working in China) lose jobs. Collateral damage. 2) US companies supplying China with material lose 37% of their business ($6Bn) which will also result in job losses. 3) Dutch, Korean and Japanese companies exempted from regs. So they’ll pickup that 37% business and the sanctions effectively have no impact for the first year. 4) In the interim China builds chips like gangbusters to tide them over until they master the intermediate technology steps Meanwhile Japan and Holland experience reduced manufacturing capacity as energy imports impact production. Lots of fun on the horizon. And FYI Kaliber missiles originally designed in the 80’s; so Russian, Chinese and Indian weapons platforms not dependent on bleeding edge chips … |
| Posted by: Slenter Panda4300 2022-10-19 11:27 |
| #1 BTW Joe, did you shut off H1Bs from China? |
| Posted by: Procopius2k 2022-10-19 07:34 |