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China’s top chipmaker may be in hot water as US lawmakers call for further sanctions after Huawei ‘breakthrough’ (www.cnn.com)

submitted 1 year ago by [email protected] to c/[email protected]

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China’s top chipmaker may be in hot water as US lawmakers call for further sanctions after Huawei ‘breakthrough’::Shares in SMIC, China’s largest contract chipmaker, plunged on Thursday, after two US congressmen called on the White House to further restrict export sales to the company.

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[–] [email protected] 33 points 1 year ago (1 children)

The fiction of the last 30 years is revealed to those with eyes to see.

All this time the capital class and their lackeys have been saying "Russia is a our superfriend now and China wants to be democratic so we are helping them by using their slave labour and don't you feel guilty for questioning our supremely good intentions here!"

And meanwhile it's the same old global power struggle, but you can make SO MUCH using slave labour, it was just too tempting to send every bit of our labour - even our high tech - over to their factories.

[–] [email protected] 6 points 1 year ago (1 children)

The CCP be like "oh no, I have this enormous population of exploitable laborers with minimal workers rights, sure hope some wealthy western capitalist don't use them and make us rich in the process".

[–] [email protected] 4 points 1 year ago* (last edited 1 year ago) (1 children)

Thats ironic as fuck. Because nowadays chinese citizens have healthcare and north americans dont

Apparently, if what you say is true, all paid for by working class north americans

[–] [email protected] 0 points 1 year ago

The US healthcare system is poor, especially considering the considerable wealth of the US. But 91.7% of Americans have healthcare, and Canada and Mexico both have socialized healthcare.

So when you say, "north americans dont (have healthcare)", you're guzzling the saddest lowest IQ attempt at propaganda I've ever seen.

https://www.businessinsider.com/companies-brands-china-supply-chains-illegal-forced-labor-2022-12

Western capitalists getting rich off CCP forced labor.