Sanction semiconductors to deter China’s Taiwan ambitions

China spends more on microchips than crude oil Nikkei Asia

According to Technode, China imported $350 billion worth of semiconductors in 2020—more than the value of the crude oil it imported the same year, according to the country’s customs data. Importing semiconductors also accounts for the country’s largest categorical trade deficit, where the difference between what China imports and exports for this particular type of goods is the widest.

The World Relies on One Chip Maker in Taiwan

Taiwan Semiconductor Manufacturing Co.’s chips are everywhere, though most consumers don’t know it.

The company makes almost all of the world’s most sophisticated chips, and many of the simpler ones, too. They’re in billions of products with built-in electronics, including iPhones, personal computers and cars – all without any obvious sign they coame from TSMC. Wall Street Journal