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2022-10-19 China-Japan-Koreas

New Chip Sanctions on China Impact US Exporters - US Citizens Must Quit Jobs in China

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Posted by Slenter Panda4300 2022-10-19 00:00|| || Front Page|| [10 views ] Top
File under: Commies

#1 BTW Joe, did you shut off H1Bs from China?

Posted by Procopius2k 2022-10-19 07:34|| 2022-10-19 07:34|| Front Page Top

#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|| 2022-10-19 11:27|| Front Page Top

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