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submitted 1 year ago by cyu@sh.itjust.works to c/worldnews@lemmy.ml

https://archive.is/https://www.washingtonpost.com/technology/2023/09/02/huawei-raimondo-phone-chip-sanctions/

“The major geopolitical significance has been to show that it is possible to completely design [without] U.S. technology and still produce a product that may not be quite as good as cutting edge Western models, but is still quite capable.” Miller says a considerable gap remains between SMIC’s capabilities and those of TSMC, the industry leader that produces the newest chips for companies like Apple.

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[-] LostMyRedditLogin@lemmy.world 2 points 1 year ago

Reading this after watching a video about how the Russian economy is humming along instead of collapsing makes me think there's a class of people informing Biden that are idiots. Sanctions diplomacy once again accomplishes barely anything. I can't believe people are getting paid for such shitty advice.

[-] BitPirate@feddit.de 7 points 1 year ago

watching a video about how the Russian economy is humming along

Source?

[-] LostMyRedditLogin@lemmy.world 4 points 1 year ago

It's a YouTuber, Reallifelore, Why Russia Isn't Actually Collapsing. He mentions Russia is running a big deficit, but that's not the economic collapse that was predicted.

[-] BitPirate@feddit.de 3 points 1 year ago

"humming along" is very different from "not collapsing".

[-] LostMyRedditLogin@lemmy.world 2 points 1 year ago

It's running and stable enough to avoid a collapse. It's not even close to a collapse. That's the situation.

[-] PipedLinkBot@feddit.rocks 1 points 1 year ago

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[-] zephyreks@programming.dev 5 points 1 year ago

Sanctions diplomacy is counterproductive. Globalization worked by making countries too interdependent to fuck around.

Now? China's domestic technology capability is growing at an astonishing rate.

[-] queermunist@lemmy.ml -2 points 1 year ago

The sanctions regime was effective at one time, because America basically had a stranglehold on the world economy. Sure, sanctions never caused a regime change in Cuba or Iran, but those countries were economically devastated and that was the actual goal.

Things have changed. As dedollarization and multipolarity become dominant, all sanctions are doing is accelerating dedollarization and multipolarity. America is now hurting itself with its sanctions regime as much as its enemies, and it's only going to get worse.

China can't be stopped. 😊

this post was submitted on 07 Sep 2023
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