Monday, December 19, 2022

Trapped in own maze.

"Indian and Chinese troops clashed along the Line of Actual Control (LAC) in the Tawang sector of Arunachal Pradesh on December 9 and the face-off resulted in 'minor injuries to a few personnel from both sides'. However, ANI reported that there were around 300 Chinese soldiers involved." HT. The Chinese government needs something to divert people's attention because, "After the easing of Covid-19 restrictions, China is experiencing a massive surge in Coronavirus cases. Hospitals are completely overwhelmed in China, reported Eric Feigl-Ding, an epidemiologist and health economist." NDTV. "Epidemiologist Wu Zunyou has said he believes the current spike in infections would run until mid-January, while the second wave would then be triggered by mass travel in January around the week-long Lunar New Year celebrations which begin on 21 January." BBC. "The third surge in cases would run from late February to mid-March as people return to work." This is not the only trouble for China. "The US is rapidly ramping up efforts to try to hobble China's progress in the semiconductor industry - vital for everything from smartphones to weapons of war." BBC. "Washington's measures also prevent US citizens and green card holders from working for certain Chinese chip companies." "The Biden administration has added 36 more Chinese companies, including  major chip maker YMTC to Washington's 'entity list'. It means American companies will need government permission to sell certain technologies to them, and that permission is difficult to secure." "Under the Biden restrictions, China is severely limited in its ability to buy those chipmaking machines from abroad." TOI. "Those US efforts gathered momentum this week with Japan and the Netherlands nearing an agreement to join Washington in tightening controls over the export of up-to-date chipmaking machinery to China." China could solve its chip problem by taking over Taiwan, which it claims as its own territory, because, "Taiwan's position in the world of semiconductor manufacturing is a bit like Saudi Arabia's status in OPEC." Just one company, the "TSMC (Taiwan Semiconductor Manufacturing Corporation) has a 53% market share of the global foundry market (factories contracted to make chips designed in other countries)." The Conversation. "It is up to the Chinese people to resolve the Taiwan issue and China will never renounce the right to use force," said Chinese President Xi Jinping. Reuters. That will surely result in a full scale war with the US which has a Mutual Defense Treaty with Taiwan to prevent such an attack. wikipedia. "China's plan of reviving its relationship and extracting benefits from the Afghan Taliban seems to be fading away, especially after the recent explosion of the 'Kabul Hotel', which is seen as an attack on Chinese tourists." ANI. Many countries are struggling to repay loans from China and may suffer if they default. China apparently canceled debts of a few African countries but that may not prevent some countries from defaulting. Reuters. China is trapped in a maze. Of its own making. Attacking India won't help.

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