China - Eine Supermacht

America Can’t Stop China’s Rise
And it should stop trying.
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American measures to deprive China access to the most advanced chips could even damage America’s large chip-making companies more than it hurts China. China is the largest consumer of semiconductors in the world. Over the past ten years, China has been importing massive amounts of chips from American companies. According to the US Chamber of Commerce, China-based firms imported $70.5 billion worth of semiconductors from American firms in 2019, representing approximately 37 percent of these companies’ global sales. Some American companies, like Qorvo, Texas Instruments, and Broadcom, derive about half of their revenues from China. 60 percent of Qualcomm’s revenues, a quarter of Intel’s revenues, and a fifth of Nvidia’s sales are from the Chinese market. It’s no wonder that the CEOs of these three companies recently went to Washington to warn that U.S. industry leadership could be harmed by the export controls. American firms will also be hurt by retaliatory actions from China, such as China’s May ban on chips from US-based Micron Technology. China accounts for over 25 percent of Micron’s sales.

The massive revenue surpluses generated by these sales to China were ploughed into R&D efforts which, in turn, kept American chip companies ahead of the game. The Chamber of Commerce estimates that if the United States were to ban semiconductor sales to China completely, U.S. companies would lose $83 billion in annual revenues and would have to cut 124,000 jobs. They would also have to cut their annual R&D budgets by at least $12 billion, and their capital spending by $13 billion. This would make it even more difficult for them to remain competitive on the global scale in the long run. American semiconductor firms are painfully aware that U.S. actions against China in the chips arena will harm their interests more than Chinese interests.

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https://foreignpolicy.com/2023/09/19/ame...hinas-rise