US has excess capacity and requests China to buy chips! | U.S. Chip Crisis

[dbc]

How does WTO means free trade market ? WTO defines international trade not lical manufacturing ... In china government is involved in manufacturing and trade .. providing subsidized investments, loans and other benefits is norm in china

Prohibited Subsidies​ A subsidy granted by a WTO member government is prohibited by the Subsidies Agreement if it is contingent, in law or in fact, on export performance, or on the use of domestic over imported goods. These prohibited subsidies are commonly referred to as export subsidies and import substitution subsidies, respectively. They are deemed to be specific and are viewed as particularly harmful under the Subsidies Agreement and U.S. law. (Special rules apply to agricultural subsidies under the WTO Agreement on Agriculture.) Trade Guide: WTO Subsidies The WTO Agreement on Subsidies and Countervailing Measures provides rules for use of government subsidies and remedies to address subsidized trade. www.trade.gov

 

[The Accountant]

Prohibited Subsidies​ A subsidy granted by a WTO member government is prohibited by the Subsidies Agreement if it is contingent, in law or in fact, on export performance, or on the use of domestic over imported goods. These prohibited subsidies are commonly referred to as export subsidies and import substitution subsidies, respectively. They are deemed to be specific and are viewed as particularly harmful under the Subsidies Agreement and U.S. law. (Special rules apply to agricultural subsidies under the WTO Agreement on Agriculture.) Trade Guide: WTO Subsidies The WTO Agreement on Subsidies and Countervailing Measures provides rules for use of government subsidies and remedies to address subsidized trade. www.trade.gov

Please read up on China's temporary special status as a Non-Market Economy it was granted for its entry, and its expiry in 2016. In China, you are correct that the government does everything, and it owns everything, but it also made certain commitments for change that it is not honoring.

WTO can terminate its membership ... Why they are not terminating ?

 

[VCheng]

WTO can terminate its membership ... Why they are not terminating ?

Why indeed.

 

[Menthol]

NVIDIA RTS 3090 Ti is at USD 99!

If not, then the news is fake.

 

[qwerrty]

china will buy more and more chips made by themselves in the next few years. all those companies that building new fabs in the US going to cry.