The application of domestic US sanctions on Chinese technology companies is completely relevant.
The USA has a feature where it doesn't consider the 2nd order effects of its actions.
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Chinese semiconductor industry
- Thread starter Hendrik_2000
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The application of domestic US sanctions on Chinese technology companies is completely relevant.
The USA has a feature where it doesn't consider the 2nd order effects of its actions.
That's false.Remember that China already has a larger consumer retail market (at market exchange rates) than the USA.
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China is biggest in the world in import and export of goods and manufacturing. US is the world biggest economy due to services (financing, insurance, retail, rental,hospitality).That's false.
Very soon natural resources like oil and gas will be denominated in currencies other than the over-supplied US dollar.US dollar is powerful because of the semiconductor industry and military industry. If China leads in those then dollar will start to lose its reserve status.
That's false.
I expect an apology for that statement which is not supported by anything other than your preconceptions.
Reference below.
And this is even before the relative economic growth figures over the past 7 months. during the Coronavirus outbreak.
Not every reference is accurate or useful. In this case, the statistic used is particularly suspect, as I discussed here (goes on for six pages with many sources). If a single citation is required, there's this.Reference below.
And this is even before the relative economic growth figures over the past 7 months. during the Coronavirus outbreak.
Although this is pretty rude, no apology is necessary.I expect an apology for that statement which is not supported by anything other than your preconceptions.
Not every reference is accurate or useful. In this case, the statistic used is particularly suspect, as I discussed here (goes on for six pages with many sources). If a single citation is required, there's this.
Although this is pretty rude, no apology is necessary.
Your references are OLD. It's now June 2020 if you haven't noticed.
And we've already had a similar debate before on the size of the Chinese internet, ecommerce, smartphone, carsharing industries where you didn't realise the China statistics completely overshadow the US figures.
So you've already exhausted any initial respect by denying the current state of affairs, and in clinging to outdated notions and statistics which are no longer accurate.
Here is the latest reference on the consumer retail markets that I can find, which is only 4 days old. Note that the China figures don't include Hong Kong, which is a significant shopping destination.
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In any case, your own (older) references acknowledge that it won't be long before Chinese retail sales become larger than the US equivalent.
After all, China has 4x the population and is still posting higher growth rates because China is at a lower stage of development.
The piece I linked is from 2018, so not old in any consequential sense. Feel free to extrapolate the numbers a year or two forward.Your references are OLD. It's now June 2020 if you haven't noticed.
I checked that debate and found that you're making things up again. For example, despite calling me stupid, your claims on carsharing were wrong. Other claims you made were also false or at least disputable (here's a that says China's ecommerce market is not twice the size of America's, as you claimed).And we've already had a similar debate before on the size of the Chinese internet, ecommerce, smartphone, carsharing industries where you didn't realise the China statistics completely overshadow the US figures.
Maybe this can be a good example of why not all sources are good. Just because you can find something claimed online doesn't make it true.So you've already exhausted any initial respect by denying the current state of affairs, and in clinging to outdated notions and statistics which are no longer accurate.
Here is the latest reference on the consumer retail markets that I can find, which is only 4 days old. Note that the China figures don't include Hong Kong, which is a significant shopping destination.
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The Chinese mainland, home to the world’s biggest e-commerce market, is predicted to overtake the United States in annual retail sales by the end of this year, according to data released on Thursday by New York-based research firm eMarketer.
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China is poised to become the world’s top retail market in 2019, surpassing the US by more than $100 billion, according to eMarketer’s latest worldwide retail and ecommerce forecast.
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As a result, China will not surpass the US in total retail sales this year, as expected in our Q4 2018 forecast. That milestone will likely not happen until 2021.
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China has long been the world’s largest market for ecommerce and mcommerce, but this year it will overtake the US to become the world’s largest overall retail market for the first time, despite substantial economic headwinds caused by the pandemic.
So if I believed every eMarketer prediction, I'd think China became number one in 2016, 2019, not 2019 but 2021 and 2020. That these people can't accurately forecast (judging by their own numbers) one year out doesn't prove that the two markets aren't that close in size, but it doesn't exactly bolster their credibility.
False. Read it again.In any case, your own (older) references acknowledge that it won't be long before Chinese retail sales become larger than the US equivalent.
China's had four times the population for a long time.After all, China has 4x the population and is still posting higher growth rates because China is at a lower stage of development.
This is semiconductor thread and not economic thread. Mods please look into it and take appropriate action.
No, because Tidalwave, Adiru, Hydrogenpi, etc don't actually exist! They are fictional characters, like this one. But you're right, it is the same agenda, with the addition of a little bit of pro-Biden bs.Does anyone not think our latest newbie is Tidalwave?
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