The End Of China’s Miracle?
Capitalisn't
00:00
The Chinese Communist Party Is in a Panic Mode
There's actually an interesting analogy to Enron because Enron created all these structures that only worked as long as its stock continued to go up. And if its stock ever went down, then the whole thing came crumbling down. What I realized talking to Chang is that China is in a panic mode. The prohibition of adding any US citizen being involved into anything that's to do with a semiconductor is a really, really big deal for China.
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