Chinese Economics Thread

10thman

Junior Member
Registered Member
@Equation Sir see how Biden try to lessen the tension with the Chinese, they had taken what they wanted from TW (FAB 21) and SK (TYLER FAB in Texas) with 5nm and 3nm tech. they need a market for those Chips. They will have an agreement were by the Chinese will have the 7nm and above nodes while they will supply the cutting edge. Bypassing EU who will rely on older nodes competing with the Chinese, a win win only for the Chinese and the American....Lol that's only my perception so anybody can interject. TW and SK FABS is now an extension of America's, the EU need to create its owned from scratch (10nm -3nm chips). The US and China strategic competition is a farce, a matter of fact its a 3 way with EU being left behind.
In the Chinese semiconductor industry thread, FairAndUnbiased's opinion is that the US would not dump in China market
I would assume that means export too, and doesn't seem like the US or EU are interested in cooperating with China
No, due to ideology. They're spending all this time and effort to prevent Chinese companies from buying US semiconductors, and now they're gonna dump at less than cost? That is admission that their strategy failed.
 

ZeEa5KPul

Colonel
Registered Member
Very interesting. I wonder if Xi's current reforms are really aimed at meeting CPTPP minimum standards?
The reforms have nothing to do with the CPTPP. China already has a trade agreement with most TPP countries (RCEP), so CPTPP is redundant. The reforms are aimed at upgrading China's technological capability, cleaning up the financial system and ensuring future stability, and destroying parasitic industries that are imposing burdens on Chinese families.

The CPTPP application is mostly just trolling intended to set those countries against each other (those supporting Chinese accession for increased market access and those opposed for geopolitical reasons).
 

hashtagpls

Senior Member
Registered Member
Big. All crypto-related currency transactions are now banned.
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LOL Get ReKt. Specifically to all those would be traders-cum WSB Crypto people on Youtube who were dishing out video after video salivating over Evergreen; looks like their schadenfreude developed into a real life crash...for their own markets.

EDIT: oh and full disclosure, i liquidated half my crypto holdings this past week, NFA DYOR.
 
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Overbom

Brigadier
Registered Member
LOL Get ReKt. Specifically to all those would be traders-cum WSB Crypto people on Youtube who were dishing out video after video salivating over Evergreen; looks like their schadenfreude developed into a real life crash...for their own markets.
But but crypto currencies are impossible to ban and control. My money, my freedom!

China: Vroom vroom!! Whoever has the biggest gun can do whatever he wants. Now, *pulls gun*, I said that crypto is banned. *Points gun at crypto bros*, do you disagree?:cool:
 

BlackWindMnt

Captain
Registered Member
But but crypto currencies are impossible to ban and control. My money, my freedom!

China: Vroom vroom!! Whoever has the biggest gun can do whatever he wants. Now, *pulls gun*, I said that crypto is banned. *Points gun at crypto bros*, do you disagree?:cool:
Nah it will then go into the DEFI space were no jurisdiction can reach it. Enough ways to access the casino ;)
 
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