U.S. firms and their China affiliates are ramping up investment in Chinese semiconductor companies, aiding Beijing’s bid for chip-sector dominance and complicating Washington’s efforts to preserve America’s lead in the critical technology, a Wall Street Journal investigation has found.
U.S. venture-capital firms, chip-industry giants and other private investors participated in 58 investment deals in China’s semiconductor industry from 2017 through 2020, more than double the number from the prior four years, according to an analysis of deals data by New York-based research firm Rhodium Group done at the Journal’s request.
Your insatiable and uncontrollable urge China and Asian investments for the past 40 years have resulted in the current state of supply shortages in the world most especially USA. It’s shameful that the rest of the world depends on one region of the world for our daily supplies.
Semiconductor is essential for advanced military weapons. Beijing spent more than one trillion dollars for chips industry independence. It’s ridiculous American companies even joined that effort.
This kind of un patriotic investing is why we have a supply chain crisis in USA today. We need to be independent of China, create jobs at home, keep monies in our borders, keep technology home. The profit from this venture only benefits a handful & harms our whole country
States should ban any firm but investing in china from american soil
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A może takie inwestycje w Europie?
US money printing has caused an overheated economy. Low unemployment rate and a shortage economy. Polticians do not recognize it, but they are helping China long term with their steps. If US would stop imports it would cause hyper inflation. Thats why Ch exports grew 29%yoy.
Stop helping them diplomatically when they run into trouble! And, put huge import tax on their end products!
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