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.

  • JTode@lemmy.world
    link
    fedilink
    English
    arrow-up
    36
    arrow-down
    3
    ·
    1 year ago

    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.

    • FaeDrifter@midwest.social
      link
      fedilink
      English
      arrow-up
      8
      ·
      1 year ago

      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”.

      • umbrella@lemmy.ml
        link
        fedilink
        English
        arrow-up
        2
        ·
        edit-2
        1 year ago

        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