Catastrophic impact to Chinese industry

[Chat SAMOSA]

The latest sanctions on China by Biden admin seems to have panicked the CCP MIIT and the Chinese companies seem to finally understand cavalier announcements about 2nm etc are just useless balderdash if you don't play nice with the mighty USA.

China Summons Chip Firms for Emergency Talks After US Curbs

China’s top technology overseer convened a series of emergency meetings over the past week with leading semiconductor companies, seeking to assess the damage from the Biden administration’s sweeping chip restrictions and pledging support for the critical sector.

www.bloomberg.com

"MIIT officials appeared uncertain about the way forward and at times appeared to have as many questions as answers for the chipmakers, people familiar with the discussions said. While they refrained from hinting about counter-measures, officials stressed the domestic IT market would provide sufficient demand for affected companies to keep operating, the people said, asking to remain anonymous on a sensitive issue."

Can someone with better knowledge of Chinese industry provide potential impact ?

 

[JSCh]

China's YMTC denies report it took part in meetings on chip curbs

Chinese chip maker Yangtze Memory Technologies Co (YMTC) Ltd denied a media report that it had participated in emergency meetings convened by China's industry ministry to discuss the impact of U.S. sanctions.

www.reuters.com

 

[Chat SAMOSA]

Strange. The material question though, if possible someone in the know could answer is whether the MIIT crisis mtg indeed took place if any actual impact statement is available.

I own some Chinese polycarbonate and it's sliding precariously!!!

 

[Beast]

Strange. The material question though, if possible someone in the know could answer is whether the MIIT crisis mtg indeed took place if any actual impact statement is available.

I own some Chinese polycarbonate and it's sliding precariously!!!

And you trust news about a coup happened in China against Xi?

 

[retaxis]

Every week hundreds of articles are written about China's collapse over the last 30 years. Yet China keeps pushing ahead with no end in sight. Funny how there are very few articles about the West demographic collapse since in 2040 many Western countries like America will no longer have majority white population. I guess knowledgeable whites know their time is up and they want to degrade other countries so they fall with them. Too bad China isn't into self sabotage and want to replace Chinese with black/browns like West does.

 

[hualushui]

 

[renhai]

Strange. The material question though, if possible someone in the know could answer is whether the MIIT crisis mtg indeed took place if any actual impact statement is available.

I own some Chinese polycarbonate and it's sliding precariously!!!

The latest sanctions on China by Biden admin seems to have panicked the CCP MIIT and the Chinese companies seem to finally understand cavalier announcements about 2nm etc are just useless balderdash if you don't play nice with the mighty USA.

China Summons Chip Firms for Emergency Talks After US Curbs

China’s top technology overseer convened a series of emergency meetings over the past week with leading semiconductor companies, seeking to assess the damage from the Biden administration’s sweeping chip restrictions and pledging support for the critical sector.

www.bloomberg.com

"MIIT officials appeared uncertain about the way forward and at times appeared to have as many questions as answers for the chipmakers, people familiar with the discussions said. While they refrained from hinting about counter-measures, officials stressed the domestic IT market would provide sufficient demand for affected companies to keep operating, the people said, asking to remain anonymous on a sensitive issue."

Can someone with better knowledge of Chinese industry provide potential impact ?

My question is. A backward country like India has something to do with the word "chip"?

 

[Chat SAMOSA]

My question is. A backward country like India has something to do with the word "chip"?

A question mark a question does not make. What's your question junior ?

 

[Hamartia Antidote]

Every week hundreds of articles are written about China's collapse over the last 30 years.

How does a chip issue cause China's collapse? Is China's society so fragile that any talk of a disruption in one sector leads to a complete paranoid fear reaction response by the general population of the entire country's collapse?

If somebody says the air is low in my tire most people don't jump to drastic conclusions that their entire car is about to fail...but apparently from your reaction people in China do since this chip thing has little bearing on the country as a whole having a general failure.

 

[beijingwalker]

How does a chip issue cause China's collapse?

LOL, good question, ask OP the Indian. He made up the thread title himself.

Why US tech controls on China could end up hurting American semiconductors

When the U.S first banned the sale of certain tech products to Chinese tech firm Huawei three years ago, it crippled a once proud national champion and sent ripples across the U.S semiconductor industry.

finance.yahoo.com

China chip ban a US exercise in extreme self-harm

NEW YORK – The Biden administration’s unprecedented package of bans on chip and chip equipment sales to China announced on October 7 could not have come at a worse moment for the global semic…

asiatimes.com

 

[Hamartia Antidote]

LOL, good question, ask OP the Indian. He made up the thread title himself.

I read the article and it doesn't mention China's collapse anywhere. It does mention an impact to the chip industry...which is somehow being interpreted as a general China collapse by posters here (who likely didn't read the article).

 

[beijingwalker]

I read the article and it doesn't mention China's collapse anywhere. It does mention an impact to the chip industry...which is somehow being interpreted as a general China collapse by posters here (who likely didn't read the article).

But what does "Catastrophic impact " the made up title suggests?

 

[StraightEdge]

Reality is always somewhere in between. It will have some effect, no matter what the Chinese say. It will also not ruin China like the Americans want. I suspect this is going to hurt China in short run, and harm US in long run.

 

[beijingwalker]

Reality is always somewhere in between. It will have some effect, no matter what the Chinese say. It will also not ruin China like the Americans want. I suspect this is going to hurt China in short run, and harm US in long run.

We thank US for its decades old sanction on the Chinese space industry, otherwise we wouldnt've the world only independently owned space station circling the earth now.

 

[Hamartia Antidote]

But what does "Catastrophic impact " the made up title suggests?

A catastrophic impact to the chips industry shouldnt lead to China's collapse..unless you truly do have a fragile society of paranoid citizens who completely panic at the mere mention of any bad news and say the "sky must be falling". This is one of the reasons people talk about the Chinese government needing to heavily restrict bad news to the populace.