Miscellaneous News
- Thread starter bd popeye
- Start date
The problem with TSMC Japan is that Japan's semiconductor industry isn't just a manufacturing process issue; its IC design and application capabilities have fallen behind over the past few decades.
How many years has it been since we've heard of Japanese-designed CPUs and SoCs? They've always been able to place orders with TSMC in Taiwan, but what chips have they actually produced?
A good question, did India aggressively pursue foreign investment like China did?
We have to remember, China did not simply hang up a sign and said "Open for business, we have a billion people". The billion people were poor as dirt (poorer than North Korea, poorer than even Haiti). It was not terribly attractive, and companies were not sure how they would make money. Exports were not an obvious choice as equipment was often obsolete and manufacturing not as productive as other locales. Upgrading equipment became a Chicken and Egg situation because of the uncertainty of the above. It was too early then to talk about spending power.
The 80's were actually a bit of a learning experience, there were a lot of false starts. Although popularly portrayed by Western media as a political movement, the protests in throughout Beijing (not just within Tiananmen) were actually largely a response to the double digit inflation and hardship to the people as a result of economic reforms.
It was actually within this backdrop that KFC opened (1987), so it was not always smooth sailing. There was simply enormous scale strategizing that is simply not always appreciated enough. There was also some luck too. Taiwan and Korea were coming off their own economic miracles and it was very natural for them (especially Taiwanese) to invest some of these gains into China (especially helpful was access to cheaper industrial equipment from these places relative to Japan/Germany).
Aside
It is a bit absurd to say China doesn't care about playing sports. Li Ning (the person)'s gold medals made him a national hero and subsequently allowed him to launch his sportswear brand.
I didn't understand anything from that video. White Supremacy terror attack in indonesia a fully asian country? What is this about?
Apparently some lawsuit in Israel brought to light the fact that China has banned all new investments in Israel due to the region being designated as high-risk by the Chinese government. This hasn't affected any general trade between the two, just new investment.
Basically US wants China to buy oil with US dollar. Venezuela oil business is still open to China.
If China doesn't want to use US dollars, they can always rely on a few other countries (Saudi or Russia) that use yuan.
The worst case is China could pump oil from their land. I heard it is enough to last 30+ years. By then oil consumption is no longer needed due to everything using renewal energy.