This Week In Doom Ep. 19: Chicken In A China Shop PREVIEW
Jul 14, 2024
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Discussion on China's strategic push for semiconductor self-sufficiency, including IP theft tactics and Huawei's role. Analysis of US and European sanctions on China and the potential for Chinese dominance. Exploration of shifting global power dynamics with weakening US dollar hegemony and strengthening China-Russia alliance.
China aims for semiconductor self-sufficiency with strategies similar to past successes in electric vehicles and solar energy.
China's support for national champions like Huawei, combined with intellectual property tactics, showcases resilience amidst international challenges.
Deep dives
China's Semiconductor Industry Dominance
China's strategic objective to achieve self-sufficiency in semiconductors poses a significant threat, potentially influencing Taiwan's status. Expert views indicate that China's industrial mobilization, similar to past successes in sectors like electric vehicles and solar technology, suggests a potential victory in semiconductor technology. Market ramifications could devalue tech companies like Nvidia, revealing profound implications for global tech competitiveness.
Huawei's National Champion Role
China's model of championing national companies like Huawei in critical industries, amidst intellectual property controversies, showcases a resilient strategy despite international scrutiny. The calculated support for Huawei amid global tensions underscores China's unwavering commitment to advancing technology and reinforcing national champions. This approach signifies a firm belief in strategic decisions, reflecting a historical pattern of determined leadership within the CCP.
Chinese Electric Vehicle Dominance
China's expansion into the electric vehicle space, evidenced by innovations such as BYD's cost-efficient offerings, challenges Western automakers. Through systematic industry advancement and state backing, China aims to revolutionize battery and drivetrain technologies, potentially reshaping the global automotive landscape. The competitive pricing and technological advancements in Chinese electric vehicles signal a formidable disruption with far-reaching implications for established automotive brands.
In the latest episode of This Week In Doom, Grant and Doomberg turn their focus to China’s strategic push to become self-sufficient in semiconductor technology, drawing parallels to its successes in electric vehicles and solar energy. Along the way, Doomberg highlights China’s use of intellectual property theft and internal competition to establish national champions like Huawei and we also cover the geopolitical implications of U.S. and European sanctions on China, emphasizing the potential for China to dominate despite Western efforts. Finally, we pick apart the shifting global power dynamics, particularly the weakening of U.S. dollar hegemony and the strengthening alliance between China, Russia, and the global south as we try our hardest to figure out what the hell happens next.
Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory and Shifts Happen, is available to Copper, Silver and Gold Tier subscribers at my website www.Grant-Williams.com.
Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm… Gold Tier subscribers have access to my new series of in-depth video conversations, About Time.
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