China has stepped up spending to replace Western-made technology with domestic alternatives as Washington tightens curbs on high-tech exports to its rival, according to government tenders, research documents and four people familiar with the matter.

China rushes to swap Western tech with domestic options as U.S. cracks down::China has stepped up spending to replace Western-made technology with domestic alternatives as Washington tightens curbs on high-tech exports to its rival, according to government tenders, research documents and four people familiar with the matter.

  • cyd@lemmy.worldEnglish
    183·
    1 year ago

    Countries seeking to develop their industry often impose import tariffs to force domestic companies to supply those goods. This “import substitution” strategy isn’t guaranteed to work; often, the domestic firms become complacent and just keep producing shoddy products. But the one region of the world where it’s arguably worked, in recent history, is East Asia. There are several examples of protected Asian firms becoming quite good, eventually turning into globally competitive champions.

    Ironically, US sanctions serve essentially the same function as import tariffs (in fact, import bans). It would be funny if it ended up creating competitive Chinese lithography machine manufacturers, etc.

    • No_Eponym@lemmy.caEnglish
      21·
      1 year ago

      And guess what, they also give zero fucks about violating patents and stealing tech and are scary good at it. So, build it themselves or steal it, they have the the best of both worlds and America only hurts itself.