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I'd think the CCP would be wary about killing the golden goose with TSMC. Plus there is currently a very prominent example of why attempting to annex neighbors
by jandrese 4y ago
I'd think the CCP would be wary about killing the golden goose with TSMC. Plus there is currently a very prominent example of why attempting to annex neighbors is not a good idea in the modern world. Ruin to economy, reputation, world standing, and even military prestige are all possible. Absolute embarrassment.
- mrtweetyhack 4y ago
- newsclues 4y agoMost people that don't have the golden goose, don't care about killing it. If your enemy has a golden goose and you don't, there isn't much stopping you from killing it.
- NineStarPoint 4y agoAbout 70% of the chips that China’s extremely lucrative electronics industry uses come from TSMC though. They might not have the golden goose that is TSMC, but one of their own golden geese relies on it to keep running.
- HWR_14 4y agoYeah, except for recent legal changes are making that number go down.
- hillcrestenigma 4y agoYes, but if you know that you can probably steal the enemy's golden goose if you tried hard enough, I would think you wouldn't kill it outright. CCP is better off keeping the world's best chip fab in a region they claim to be their territory.
- Invictus0 4y agoDidn't stop them with Alibaba. Have you seen the Chinese stock market performance this year?
- magic_man 4y agoThe ccp is playing the long game. I don't think they really care about short term economic loses. I mean look at what the did with hk.invading a island is hard and they probably need to worry about America. Otherwise Taiwan is probably in trouble.
- nonethewiser 4y ago> The ccp is playing the long game. It's more of a medium game. A dictatorship can plan 5-10 years out. But they can't exist indefinitely. By design, there is no succession plan.
- jandrese 4y agoHanding off the country to your child is a time honored succession plan for highly authoritarian regimes. From Kings to Kims the only successor you can trust is your own blood, especially if you've set the country up as a cult with your family as deities.
- jasonwatkinspdx 4y agoChina's goal is to become self sufficient, but it'll take time. SMIC did ship 7nm chips faster than expected however.
- nocsi 4y agoI don't think having your reputation, world standing or military prestige be ruined is a deterrent. Countries that are oil exporters are raking in the money and are able to pursuit their geopolitical goals. Now is probably one of the best times to do it considering the greater global turmoil and energy crisis. Take a look at Russia & Azerbaijan, more will come.