Yes, major setback for the world, but China’s interests aren’t aligned with the world.
If they can’t have TSMC, second best thing (for them) would be to get rid of it to improve China’s standing in participating in that market.
Yes, it means that everything is set back, massive shortages, all sorts of bad stuff. Stuff that China wants to be sourced more from China, so if the most competitive alternative is out of the picture, then they can do better.
Yes, major setback for the world, but China’s interests aren’t aligned with the world.
If they can’t have TSMC, second best thing (for them) would be to get rid of it to improve China’s standing in participating in that market.
Yes, it means that everything is set back, massive shortages, all sorts of bad stuff. Stuff that China wants to be sourced more from China, so if the most competitive alternative is out of the picture, then they can do better.