China's Catastrophic Chip Crisis: Economy is Collapsing. Why China Can't Make Microchips?

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My last video was demonetized and reach was killed off out of nowhere. Please hit that like button, it helps me out alot with youtube's algorithm.

Map at 0:04 is wrong. I am not really sure what went wrong during editing/rendering but map is just extremely wrong and I apologize for it.

BusinessBasicsYT
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Considering the Zero Cov policy and problems providing electric power around China, I’m surprised they can keep manufacturing going smoothly at all.

prosaicprose
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Excellent content and this was long overdue. In the early 2000's I worked for a large consulting firm with project for Hauwia and they essentially wanted us to outline Cisco's product strategy and IP. We declined but example of rampant IP theft over last 30 years

chrisbell
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This may be the first action by the current administration I can support. I'm actually impressed.

johnj.spurgin
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Regarding China making it's own chips, they are highly incapable of doing so. Even with big pressure from the top it will never catch up with other countries because China does not innovate and with the rampart corruption. The current CEOs in the top of the chip making industry have already all been jailed for corruption

GonthorianDX
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The danger of blackmailing: once the dirt gets out, the blackmailer loses control of the victim.

krani
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I’m active marine corps. I can’t share specifics on why, but I can tell you this video is spot on.

Bandgeek
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Thanks for this. I'm so disgusted that such important information is limited in access. China's theft of intellectual property from the US over the past 20 years has been beyond massive, so this is deeply satisfying to a degree. On the other hand, world economy.

TedSlautterback
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Point that is overlooked, is that a great many countries and their economies have been overlooked because of the emphasis on the economic growth of China. And it's time for real economic growth including manufacturing to take place outside of China.

stephenknutson
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I think an interesting side effect of this will be, that if China has to now innovate its own technology, it will have to adopt some practices protecting intellectual property.
In many ways this is bigger than slowing down China's military industry

uploadstuff
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I don't think China has been too concerned about it at least for the last couple of years. But these recent changes show China can not depend on US technology anymore. It also means anyone else who might be considered an enemy of the US now or in the future will have to seek alternative sources maybe from China, I think Russia sources chips from China instead of the US now. The thing is China has done nothing about it since tariffs were introduced years ago. The first time I heard them do anything was two weeks ago when they were taking the issue to WTO but that is basically a US sponsored entity so they will have no luck there. Remember most chips used today are not the cutting edge ones used in phones there the ones used in cars, tvs, missiles, radar which China is capable of making. China actually produces more chips that the US. Why was there a chip shortage for western car manufacturing while China built more cars than ever.

justindressler
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Your content is knowledge. Appreciate your help and hardwork for making videos likes this.

amangeorge
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I think we should really appreciate how much efforts are put into making these informative videos. This comment will probably get lost somewhere in the comments, but it's unfortunate we don't see more educational videos on our feeds. Business Basics, keep up the great work, Subbed!

RnF
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Finally making a good foreign policy move. Credit where it’s due 👍🏼

robertweekes
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China has had long term access to this technology for a very long time. Their students have been embedded into universities in the US and the EU for decades. Literally everything that has been done in the rest of the world can be done in China.

Should have been done a long time ago but the impact is really at best short term.

harryniedecken
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I think it would be naive to think China does not have their own small scale military facility for making chips

gimigimi
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I hope you're right. No free country should be supporting a country that has so many human rights violations.

jamessotiroff
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The question will be, will china be able to catch up due to the pace of maturing technology?
China isn't exactly known for coming up with their own ideas but rather stealing them, just look at all the knock offs on Amazon as an example.

jhosk
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Australia should be held for that statement too. How dare they insult our government like that. All they do is mooch off the system.

ryanedwards
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Keep the videos going Very informative

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