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Is China's Catastrophic Chip Crisis causing them a collapse?
#ChinaToday #ChineseEconomy #XiJinping2023
The Biden Administration’s strangling the Chinese AI and supercomputing industries by choking off access to high-end chips crippling China’s economy. The Biden administration in the United States is currently trying everything within its power to restrict China's access to these cutting-edge technologies. Washington's restriction on high-tech exports to China represents a significant bet for future economic dominance. Why China can't solve the worldwide shortage of microchips. Let's find out!
Is China's Catastrophic Chip Crisis causing them a collapse?
Timestamps:
0:00 Intro
1:41 New export restrictions
3:13 The Biden administrator
6:47 China's takes
9:41 By cutting off China
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Informed Investors is not a financial adviser channel. The information provided in this video is solely based on our research and opinion, and should not be taken as professional financial advice. There are risks involved in investing in the stock market, and the fluctuation depends on varying factors. Investors should not act upon the content or information found here without seeking advice from an accountant, financial planner, lawyer or other professional. Consumers should always research companies individually and define a strategy before making decisions. Informed Investors is not liable for any loss incurred, arising from the use of, or reliance on, the information provided by this video.
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