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China's mature chips to make up 28% of world production, creating oversupply
- inverted_flag 2y agoThis is where tariffs would actually be appropriate since there's already an established domestic manufacturing base to protect. Don't let the Chinese drive you out of business so they can jack up prices later.
- blackeyeblitzar 2y agoIsn’t there an oversupply in other things too, like Chinese cars? If the world is producing too much, what does that mean for economies that rely on consumption? maybe we need a whole new system that does not rely on consumption and growth.