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Are those chips imported specifically for domestic use? Or does that figure count chips imported to be put into export electronics?
by pradn 9y ago
Are those chips imported specifically for domestic use? Or does that figure count chips imported to be put into export electronics?
- dis-sys 9y agothose eventually end up in exports are usually not counted as imports, because such chips stay in those so called tariff-free zone to be used in production and then shipped overseas without clearing custom twice. domestic consumption is also at a crazy level, e.g. in Q1 2018, smartphone sales in China had a "hard landing" down 21% YoY, still 91 million phones were sold in Q1 2018 [1]. [1] https://www.canalys.com/newsroom/chinese-smartphone-market-suffers-hard-landing-shipments-decline-21-q1-2018 https://www.canalys.com/newsroom/chinese-smartphone-market-s...