Raimondo, about to go mad

Mondo Social Updated on 2024-01-30

The United States' evil intention to curb China's semiconductor development has spread from restricting ** to restricting procurement. The U.S. Department of Commerce said on the 21st that the U.S. Department of Commerce's Bureau of Industry and Security (BIS) will begin a review of how U.S. companies purchase Chinese-made semiconductors in January 2024.

Accordingly, the survey focuses on the use and procurement of traditional Chinese-made chips in key U.S. industries** chains.

These traditional chips are not cutting-edge technology, but U.S. Commerce Secretary Raimondo said they are critical to key U.S. industries such as telecommunications, automobiles and the defense industrial base. The U.S. Department of Commerce will evaluate the U.S. semiconductor chain by collecting data from U.S. companies on chip purchases to gauge their dependence on Chinese manufacturing chips.

Addressing the non-market behavior of foreign countries that threaten the U.S. traditional chip chain is a matter of concern, Raimondo said, which will "inform our next steps in building a strong, diverse, and resilient semiconductor chain."

The U.S. Department of Commerce said on the 21st that companies headquartered in the United States account for about half of the world's semiconductor revenue, but face fierce competition on the back of increasing subsidies from foreign countries.

The ministry claims that China has subsidized its semiconductor industry by about $150 billion over the past decade, creating an "uneven global playing field" for the United States and other foreign competitors.

Over the past few years, we've seen Chinese companies expand traditional chip production, a worrying move that would make it harder for U.S. companies to compete. "You can't create and sustain a strong chain on your own – we need industry to participate, and this survey will provide the Commerce Department with the data it needs to inform our next steps in building a strong, diverse, and resilient semiconductor chain." ”

Raimondo data map. Source: Visual China.

The governor of Chang'an Street (WeChat ID: Capitalnews) noticed that American politicians represented by Raimondo have been on the verge of going crazy in order to contain China. Earlier this month, while attending the Reagan Defense Forum in California, Raimondo also urged members of Congress and U.S. allies to "never allow China to acquire cutting-edge chips and provide them with our most cutting-edge technology" and "because China is the 'biggest threat' to the United States and not a friend."

In a report released this month, the U.S. House Select Committee on U.S.-China Strategic Competition also urged pressure on the U.S. Commerce Department to impose import tariffs on traditional chips from China.

"Urgent action is needed to prevent China from dominating traditional chips, which would give China an undue influence on the modern global economy," the committee claimed. ”

China's spokesman Wang Wenbin previously responded that Biden had said that he had no intention of obstructing China's economic development and preventing China's scientific and technological progress. However, the relevant statements of the US side are self-contradictory, difficult to win the trust of China and the international community, and also expose the deep-rooted Cold War mentality and hegemonic mentality of some people in the United States.

Wang Wenbin said that China has never gambled on the United States to lose, nor does it intend to challenge and replace the United States. The US should establish a correct understanding of China, work with China to earnestly implement the important consensus reached at the China-US summit in San Francisco, stop treating China as an "imaginary enemy", and correct its erroneous behavior of engaging in major power confrontation under the guise of competition. "Anything that violates the rules, principles, and laws of a free market is like building a dam with a sieve, and no matter how hard it tries, the water will still flow through the cracks to where it should go. ”

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