Comments by "billyehh" (@billyehh) on "How China Destroyed US Sanctions and Changed Microchip Forever!" video.

The US and Soviet Union had very little trade with each other approaching zero at times. Sanctions didn't matter since the economy was almost internal and with allies.
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@istudios225 I guess you did not read my comment well I did not say Russia I said the Soviet Union.
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@Shenzhou. Absolutely correct. But 2023 is a completely different story as investors are heading for the hills.
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It is more and more obvious that China and the West are not compatible. The West, especially the United States is starting to reshore and rebuild domestic capability. We should build separate infrastructure and have as little as possible to do with each other. It will take a lot of money, but can be done since there is so little trust between them.
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@SuhandiWijaya Read the business press. They are in it to make money, not what the government tells them. I dumped my Chinese stocks 2 years ago because I felt that restrictions were coming. It turned out to be a wise move.
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@teatree6228 Like who? Russia is a disaster. South east Asia is busy building out their own economies. Saudi Arabia is investing some, but a lot more into the US and Europe. In light of developments in the property market and other factors, a growing number of experts say China is in a structural slump rather than a cyclical downturn. The flight of funds from Chinese stocks may only be just beginning. Major companies are diversifying into other markets.
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@SuhandiWijaya I did make money. Chinese stocks did well at first. That market was not sustainable and most of the stocks that I used to own are now down considerable. As I said, I bailed out of Chinese stocks over 2 years ago and now any ETF I own for the region is AsiaXChina. I predict that this is just the beginning. In light of developments in the property market and other factors, a growing number of experts say China is in a structural slump rather than a cyclical downturn. The flight of funds from Chinese stocks may only be just beginning.
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@SuhandiWijaya I sold my stocks in Chinese companies because I did not like the direction of the macro economy plus the geopolitical situation. I do not listen to any one "expert', but do my own due diligence including information from the National Bureau of Statistics. You are right. Nobody will miss my investment, but the cumulation of 100 or 200 million will make a difference. As I said, I made some money and then decided it was time to get out and I am not the only one.
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@Sayitlikeitis-jn6xe Back in the late 90's China was opening up and it seemed like a good opportunity to diversify my portfolio into such a large country and market. Over the years I did reasonable well winning some and losing others. After 2012, I noticed a change in attitude, information was harder to get, government seemed to be favouring SOE's over private companies. By 2016 I started to withdraw funds and completely got out of the Chinese market in the 1st quarter of 2021. The geopolitical tension surely did not help, but in the long run it was government interference in the market which made my decision. Canadians can buy Chinese stocks on NASDAQ or in Hong Kong. The US ones are slowly being delisted and Mutual funds and ETF's are reducing or eliminating China from their Asian portfolios. Pure China one exist, but most are considered to be reasonable high risk now because of geopolitical tensions. The restrictions tend to be on companies not retail investors.
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