Very few locations produce chips, but some things like real estate or food production are hyper-local. So in a geopolitical sense of central economic control,

Very few locations produce chips, but some things like real estate or food production are hyper-local. So in a geopolitical sense of central economic control, the inflation in this anecdote was exported to China and away from local real estate prices or local butcher shop sales of locally produced steaks or whatever else the kit mfgr spends money on that isn't made by a handful of Chinese factories.