In order to maintain its hegemonic status, the United States has frantically suppressed China. What's even funnier is that the United States has also found a high-sounding excuse for its despicable behavior, look at how scoundrels the Americans are!In order to deal with China's chip industry, the United States launched the "Chips Act" with a subsidy of 52 billion US dollars, officially starting a "chip war" against China.
In order to express its loyalty to the United States, South Korea naturally embraces the United States in an all-round way, and Yoon Suk-yeol is on the front line of the fight against Chinese chipsBut did it turn out as South Korea wanted?
South Korea was caught off guard
South Korea's loyalty, the United States is not uncommon, not long ago the United States opened a 3 to South Korea's Samsung Electronics0.3 billion US dollars in a huge fine, equivalent to about 400 billion won.
Yin Xiyue's hot face went to stick to the cold ass of the United States, but the benefits were not reaped, and he also asked Samsung to cut the meat and compensate the United States.
In this way, Samsung Electronics may not be able to bear it!
According to the data, Samsung Electronics' operating profit in the first quarter was only 640.2 billion won, and its business fell by nearly 96% year-on-year.
However,The United States did not give up the punishment of Samsung because of South Korea's loyalty, and the U.S. court ruled that Samsung was guilty of infringement and needed to pay 30.3 billion US dollars (equivalent to 400 billion won) fine, which is equivalent to siphoning out Samsung's profits in the first quarter of 2 3, which is even worse for Samsung, which is not optimistic about the situation.
Samsung occupies an indispensable position in the South Korean economy, and the South Koreans must not have expected Samsung to suffer such a huge blow.
According to Korean media, exports fell sharply in April, and there was a ** deficit in revenue and expenditure for 14 consecutive months!
South Korea's exports to China have fallen sharply, mainly due to the drag of chips, and Biden has not allowed South Korea to export, and it is normal for exports to decrease sharply.
Previously,Samsung actively responded to the call of the U.S. Chips Act, and many companies have gone to the United States to build factories, but if they want to get subsidies from the United States, they must submit the core trade secrets of the company, which is essentially selling their souls.
But once the core trade secrets are handed over to the United States, the fate of the enterprise is basically in its own hands.
Previously, the president of ASML declared that China's independent research and development of lithography machines is to destroy the global industrial chain. But in reality, who is destroying the global industrial chain, anyone with a discerning eye can see that it is the United States, not China, that is destroying the global chip industry chain.
Under the U.S. sanctions on China's chips, many chip companies, including the United States, cannot produce and sell normally, resulting in a significant reduction in profitsAlthough the United States promised subsidies, it was nothing compared to the lost profits.
China's chip industry is on the rise
In order to deal with the "chip war" deliberately set off by the United States, China also quickly countered and greatly reduced its dependence on American chips.
The unreasonable approach of the United States has also completely aroused the enthusiasm of domestic chip manufacturers for independent research and development.
While the United States and its allies are besieging China's chip industry, Chinese companies have grown rapidly.
Chinese chips can achieve 14nm chip manufacturing process, and have achieved large-scale mass production, and the self-sufficiency rate is rising. It has also reduced its dependence on American chips.
It is worth noting that China has a trillion-dollar semiconductor consumer market and is the most important part of the global industrial chain.
South Korea has been unable to fill the market gap because of its support for U.S. sanctions against China, and the gradual promotion of self-sufficiency in domestic chips in China's chip industry has also reduced the import of Samsung chips.
As for China's investigation of Micron Technology, once Micron is banned, Samsung can successfully fill Micron's share and renew its life.
But before the results of the Chinese investigation were released, the United States had already forcibly intervened and banned Samsung from filling the vacancy in the Micron market.
In the context of the overall depression of the global semiconductor industrySamsung almost regarded the Chinese market as its own lifesaver, but the forced intervention of the United States is tantamount to forcing Samsung to a dead end.
Even if South Korea is an ally of the United States, in terms of interests, it is constantly being swept away by the United States, and at this time, I am afraid that South Korea will have already repented of its intestines, and not only will it not reap the benefits, but it will also put itself in it.
The United States' behavior of not considering the national interests of its allies has made the European Union smell the danger, and they have established their own chip bill, intending to create a "de-beautification" industrial chainTo a certain extent, the impact of the "chip wars" has been weakened.
The United States, which only takes into account its own interests and disconnects from other countries' enterprises, will have fewer and fewer friends!
Now, China has achieved a breakthrough in chip technology, and with the steady increase in the domestic chip self-sufficiency rate, the United States' abacus will only fall through completely.
The US "chip war" has already been lost
The United States is very fierce in its layout against China, and it will inevitably suffer a more serious backlash.
And all of Biden's measures to deal with China are actually desperately burning US finances.
The government relies on the financial system for financing, and the bond market is now precarious, and it is also full of risks, and the bankruptcy of the banking sector has also caused panic.
Biden forcibly encircling China's chip industry like this will only shoot himself in the foot.
In the past,The U.S. buys cheap goods from China, which solves the U.S. inflation (cost) problem, and in this way, China also solves the income and (economic growth) problems. This is the basis for cooperation between the two sides, which promotes each other and is mutually beneficial.
However, the United States has forcibly decoupled from China, so there are no cheap goods, and the United States has no way to solve the inflation problem on its own.
And what about Biden?A large number of manufacturing industries have been forcibly returned to the United States, and the large-scale subsidies of the United States for the manufacturing industry have indeed caused the manufacturing investment funds that originally went to Europe, Japan, South Korea, and China to flow rapidly into the United States.
This has also driven the U.S. job market, but the return of manufacturing in the United States is difficult to have any economic effect.
Moreover,Forcing the manufacturing industry to return, those companies were already very cost-effective in other economies, and now, migrating to the United States and repeating production at high costs is obviously burning money.
At the other end, stubborn inflation will be stimulated again, and the Fed's anti-inflation pressure will increase again.
Biden forcibly engaged in the reshoring of manufacturing, and the backlash effect is so big, and it is indeed fierce.
The United States undermines the global industrial chain, forcibly decouples from China, and forces the manufacturing industry to return to the United States, and the final result is a serious misallocation of resources in the real economy of the United StatesThis will inevitably be followed by a serious financial turmoil.
Originally, the United States should have used its advantages to innovate and do what it was supposed to do.
But,Today's US authorities have no interest in this, and only think about monopoly rents, which is why they are suppressing China.
A healthy market economy should rely on competition to seek scientific and technological progress, improve labor productivity, and improve people's lives.
Now that the United States has actually stood on the opposite side of the global market economy, the recoil it has encountered is naturally very serious.
The current domestic economic situation in the United States also basically indicates that Biden's containment strategy has failed.
Although American politicians have pointed out a clear path for their own companies, and companies such as India and Apple have also tried, if the future input and output are still extremely bad, then for American companies, leaving the Chinese market, the performance increment point is at the top?
The United States has always advocated globalization before, but now it seems that the globalization led by the United States is to satisfy the needs of cutting leeks more conveniently.
And if a country like China that the United States does not like appears, the United States will begin to sanction it. And the solution of the United States is to destroy the globalization that it has built with its own hands.
The globalization advocated by China is based on equality, mutual benefit and reciprocity, and is the kind that everyone wants.
I believe that everyone can see at a glance that a hegemonism like the United States, which only cares about its own interests and harms the development of others, is bound to be disgusted and spurned by more people, and will gradually be isolated and become the laughing stock of the whole world.