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Thomas Rogers
Bloomberg Television
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Comments by "Thomas Rogers" (@thomasrogers9146) on "How Huawei's Chip Breakthrough Used US Tech | Bloomberg: The China Show 3/8/2024" video.
THE CHINESE HAS SAID OVER AND OVER AGAIN, THEY DO NOT CARE ABOUT THE STOCK MARKET. THEY ARE FOCUSED ON COMMON PROSPERITY AND AN ECONOMY THAT IS BASED ON IMPROVING THE STANDARD OF LIVING OF THE CHINESE NOT A CASINO FOR WESTERN SPECULATION AND GAMBLING.
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China is the worlds largest chip and semiconductor market worth 560 billion dollars a year. That is 75% of all chips sold. China controls 70% of processed rear earth minerals and 90% of rear earth mineral processing technology. 80% of modern goods only require 14nm and higer chips. These are legacy chip the buik of western chip manufacturers revenue. The chinese government has invested billions into legacy chip development and production. China is going to catch up and when they do. western chip companies are going to be losing revenue but will have to compete against chinese affordable chips. The u.s is playing a losing game.
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HAVE YOU NOTICED. BLOOMBERG HIRES ASIANS TO BASH AND LIE ABOUT THE CHINESE ECONOMY. WHAT IF THESE PEOPLE FOCUSED ON SOLVING HOMELESSNESS IN AMERICA. BLOOMBERG DOES NOT WANTS TO LOOK RACIST.
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