2023-01-19 08:30:36

When can China dominate the semiconductor industry?

In 2042

Reason

Although China allocates 3 times more funds to microelectronics than its main competitors. China is currently dependent on US technology, and to overtake the US, it needs to create a new conductor technology. Such technology will be invented by 2040

In 2042

The U.S. is already creating some tensions with its partners and will not be able to block the supply of key components to China in the future

Exclusive: China readying $143 billion package for its chip firms in face of U.S. curbs

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2022-12-08 05:03:14

How the fixation of russian oil prices will affect the global market?

The introduction of a price ceiling on Russian oil would have a negative impact on the global economy and energy security. This was also confirmed by the International Energy Agency.

Reason

China and India have made it clear that they will not comply with the Western embargo. China and India will not be affected in any way. The U.S. is not dependent on Russian oil supplies either. Russia itself is already selling below the delivered price. All these restrictions will only damage the EU and increase dependence on energy resources.

The introduction of a price ceiling on Russian oil would have a negative impact on the global economy and energy security. This was also confirmed by the International Energy Agency.