US probes China chip industry on ‘anticompetitive’ concerns
US probes China chip industry on ‘anticompetitive’ concerns
Latest probe to focus on China’s foundational semiconductors production.
cross-posted from: https://lemm.ee/post/50589071
Lmao China is not the anticompetitive one. Remind me who has done everything in their power to prevent China from acquiring domestic chip manufacturing on par with US financed Taiwan? Who is placing tariffs on all Chinese products and banning their EV's and solar panels for being too effective for their price?
From the other perspective, which side is stealing the others' IP? If China gets modern fabs, they'll produce knockoffs of modern tech products and produce better weapons. If China was a better actor, the US wouldn't be as aggressive in stopping their progress.
Not like China is competing fairly when their workforce is made up of slave labor from "reformed" minorities.
I have no information on China's use of slave labor but I can tell you that America allows business to "hire" their predominately BIPOC/immigrant prisoners for significantly lower than minimum wage. Considering these prisons can be and often are private you have enterprises buying and selling people and their labor for profit. Is this not slavery on a mass scale? Does America not purposefully maintain a disproportionately large prison population per capita and do everything it can to make sure it stays that way? Have you ever wondered why this country's solution to its problems is always more cops and more guns?
How can we even criticize another country for their use of forced labor when we have done nothing to address our own. How can you be certain China is even doing that and it isn't just deflection by US capitalist to distract us from much more pressing domestic issues. How can you trust a capitalist and the media conglomerates they all own to critique a socialist society in good faith?
The Uyghur forced labor laws the US has put the onus on firms to prove a negative, that their dealings in China are essentially unconnected to any enterprise that has Uyghur workers because the US has a blanket accusation of "slave labor" when it comes to basically all industry in Xinjiang. The US also does not think Uyghur labor is a significant factor in China's competitiveness becausd guess what, there are 1 billion+ non-Uyghurs responsible for that.
Abundance is humanist economics. Accusations of dumping are too easy to make baselessly. A solution to accusations of overabundance is to make a government bought stockpile. A path to protecting domestic competitors is to let them resale from your stockpile.
China puts a 25% export charge on steel. Can't call that dumping. Its ev solar battery competitive advantages, are largely the result of being a manufacturing nexus, and market for tooling and automation, and near the largest market for all goods. Largest companies in sector are generally profitable, which negates dumping accusation
It would be surprising if chips accusation are any more real than other baselessness.