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China May Risk World War Over...Semiconductors? | George Calhoun On Taiwan, Evergrande & Xi Jinping

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China is suddenly in the headlines a lot these days, and for good reason. It's creating ripple effects across the world as it increasingly struggles to address a number of existential pressures.

It’s dealing with a huge & fast-aging population, natural resource scarcity, and increasing financial system instability -- as evidenced by this week’s surprise bankruptcy of the massive property developer Evergrande.

These are big developments are underway there that will have big repercussions on global trade, financial markets, supply chains, and geopolitical stability.

But there’s one unfolding factor that’s dangerously underappreciated, so important to China’s future that it could lead to war: the growing essential role of semiconductors.

China's economy is increasingly dependent on them, yet China has little near-term or long-term ability to manufacture leading semiconductors. It remains extremely dependent (i.e., vulnerable) to other countries for them, especially the US.

However, its close neighbor Taiwan manufactures a large percent of the world's semiconductors. And if China were to forcibly takeover Taiwan (after decades of claiming it own it), that could very well spark a world war.

To help us understand the situation better, we talk in this video with George Calhoun.

George is a teaching professor at the Steven Institute for Technology's school of Business, with decades of experience in the high tech industry & capital markets financing. He just had an article appear in Forbes focusing on the acute tension brewing within China over the seminconductor shortage caused by the COVID19 pandemic.

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#China #Taiwan #semiconductors
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Видео China May Risk World War Over...Semiconductors? | George Calhoun On Taiwan, Evergrande & Xi Jinping канала Wealthion
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Информация о видео
16 сентября 2021 г. 3:30:10
00:39:01
Яндекс.Метрика