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why you have thought like this? it's not how it works in China The Chinese government only supports companies that are in line with industrial policies and are
by suraci 2y ago
why you have thought like this? it's not how it works in China
The Chinese government only supports companies that are in line with industrial policies and are facing difficulties that require assistance. This is because such companies struggle to obtain financing from the society. The aim is to support the entire industry, not a specific company. If a company holds a leading position, it does not need to receive any "resources" from the government; it can acquire sufficient resources from the society.
China 10y bond yield is at <2%, this is a very low financing cost.
- petesergeant 2y ago> The Chinese government only supports companies that are in line with industrial policies and are facing difficulties that require assistance So, like, for example, AI companies who are very upfront about not being able to get their hands on as many chips as they'd like?
- suraci 2y agoin this case, it's domestic chip manufacturers are getting support from government government is not good at smuggling chips without getting attention, better try to contact some dealers in singapore or malaysia
- petesergeant 2y agoI think you significantly underestimate what a helping hand from a government can do, from subsidising the extra expense of grey market chips, to making shipping containers disappear into the ether, to exerting pressure beyond simply commercial on people in and outside their borders.
- suraci 2y agohail hydra