This whole ban is so stupid. China was dependent on US chips. Now that they can’t get those chips, China has even more reasons to throw money at their own semiconductor industries. China will be set back for 5, maybe 10 years, and they will make better chips than anyone in the west. Not to mention how Taiwan is even more enticing to China now.
The whole plan was rooted in the racist assumption of western superiority from the every start. The politicians in US assumed that a country of 1.4 billion people wouldn’t be able to figure out how to make chips on their own.
Sanctions don’t work. Sanctions have never succeeded in regime change. Sanctioned countries can circumvent the sanctions by going around them. In the case of China, China is a 17 trillion dollar economy with a proven consumer market. If sanctions didn’t work on smaller economies, will it work for economic leviathans? Sanctions are a two-way street. Sanctions are a cost to the country being sanctioned and to the country imposing the sanctions. Trade controls on China are actually a sanction on US companies as well. In the EU, sanctions on Russia is a sanction on themselves. Now they have to pay for expensive, more complex energy structures., while a key component to stabilize that is natural gas.
