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I mean providing russian people with Essentials services shouldn't prompt another nation to santion them....But again US is so desperate nowadyas wouldn't be suprise if they sanction china ...and boom there starts ww4
A better title would be "Could China Survive Russian Style Sanctions" - "Could China Survive the Sanctions Against Russia?" is extremely confusing. (Edit: I suppose the sentence could more easily be corrected by simply adding "Used" prior to Against.)
hmm I feel the title was fine... "Cool China Survive Russian-style Sanctions" makes it sound like whether China can handle sanctions from Russia. The question is whether China could handle the same sanctions currently placed against Russia.
Beijing orders officials to find ways to protect the nation from western sanctions like those used against Russia Deterring Chinese aggression against Taiwan is in everyone’s interest. It is not just an Indo-Pacific issue, it is a global issue,' Chinese officials are looking at ways to defend the country from economic attack if the West should look to sanction China in the same way it did Russia - stoking fears the nation is preparing for an invasion of Taiwan. 'No one on site could think of a good solution to the problem,' the Financial Times quoted a source as saying. 'China’s banking system isn’t prepared for a freeze of its dollar assets or exclusion from the Swift messaging system as the US has done to Russia.' By TOM BROWN FOR MAILONLINE PUBLISHED: 12:24 BST, 2 May 2022 | UPDATED: 14:37 BST, 2 May 2022
@@theadam7598 for someone who doesn’t comprehend the analogy you know the analogy exactly as it’s intended….just because you bring 9 women together doesn’t mean they can do the job it takes one 9 months to do likewise just because they have 9 times the scientists doesn’t mean they can make semiconductors 9x faster. Some things just take time
You haven't watched the video. According to the video, the damage to the US from sanctioning China would only be 2% of US GDP. That's about one third of the economic damage of the first year of the pandemic. And the damage from sanctioning China would come down much faster, because China overwhelmingly only provides the world with low skilled manufacturing labor, the easiest and fastest thing there is to replace.
I don’t think this episode goes far enough. You mentioned that China wouldn’t be able to manufacture any high tech devices due to their reliance on importing semi conductors but that goes both ways. What would the result be for the western world if they can’t get access to the rare earths used to manufacture these devices as well? Would it result in both China and US and Europe both lose their ability to get these devices? After all - all the manufacturing and assembly is done in China. If China is 30 years behind in semiconductor engineers then so is the West behind in terms of gaining economies of scale when it comes to many raw materials needed, manufacturing and assembly.
Australia is the second largest producer of rare earth elements. We also supply basically everything China needs they cut us out and their economy tanked
Rare earths are not actually that rare, and aren't exclusively found in China. In the '90s, many mines in the US, Brazil, Canada, and Australia were closed because China undercut them. Many are starting to be reopened due to concerns about dependence on China.
China lacks the capability to manufacture those components, the west lacks the will to mine those resources. One is a problem of capability, the other is a matter of cost. The West can and is starting to gather those resources from other places than China, and China as a nation has begun to pivot away from being the worlds manufacturing hub for the last few years (hence why they are investing heavily in Africa, they want Africa to become China's China). All it would take the for the West to ditch china is another available market and, barring that, 5ish years to produce rare-earth mines at scale on their own soil (something they have being working on already for the past 5 years btw). If the west has the will, it has the way. China is 30 years behind semiconductor production and not even IP theft can change that. Semiconductor production at the size (2-5nm) and scale that Taiwan produces is a feat that not even the USA is capable of matching in short order. Unless they are able to successfully take Taiwan without destroying the semiconductor factories and without killing the men and women who work in them they aren't producing anything remotely close to that on their own soil for decades. Both sides would undoubtedly be hurt by such an event, but when one side is hurting for cheap labor and global-distributed raw materials and the other is hurting for highly-skilled manufacturing processes and the decades of knowledge that leads into that skill set one will recover much faster than the other.
Russia was disconnected from the West, but it has relations with nations like China and India. Do we have to remember the population of China and India? They are not isolated from the world. It is just that the definition of WORLD is too small
The UN General Assembly condemened Russia overwhelmingly while only four other states supported it. Moral support by Belarus or Eritrea however won't fix a economy that is attacked by the EU, US and allies which have disporoportional strong economies. 35 states obstained, including China and India, and that is basically their position right now. While the relations with Russia are still okay, major Chinese banks and companies comply with Western sanctions, even though unwillingly. That's why Russian state media had to tone down expectations about "new economic ties".
With what sanctioning Russia (which has a much smaller economy than China) is doing to prices in the US, I can’t imagine the economic damage that we would do to ourselves by sanctioning China in a similar way.
Prices in the US are this way because everyone was "holding their breath" trying to not raise prices due to the 2 years of coof. When the conflict started, everyone let out the belly out of their shirt in collective relief and said "Russia, dude".
@@TumblinWeeds Of course it is. Russia is big in a couple of key goods like hydrocarbons and wheat, but China, man they make so much of the stuff we need for our daily lives
A full-scale sanction on China? Very Interesting. Just think about how much inflation enjoyed now by the US customers after some tariffs are put on Chinese goods.
That's why companies are moving their manufacturing out of China. There is plenty of cheap labor all over the world. China doesn't have anything unique.
@@deebil8099 only auto companies owned factories in China. Tesla is the only 100% foreign owned operation. China moved their eco unfriendly, low level manufacturing to SE Asia or elsewhere because they've moved up the food chain. you completely misread the news.
@@willengel2458 I don't know what eco friendly manufacturing you're talking about. China has been increasing their emissions every year. They are opening new coal plants to provide electricity for their manufacturing plants. There is absolutely nothing eco friendly about Chinese manufacturing. The vast majority of manufacturing in China is low level manufacturing. Their bread and butter is cheap slave labor. Nobody needs them for advanced manufacturing. China has been used by Advanced economies to offshore their pollution and cheap labor.
China is so deeply woven into our current international trade society that imposing sanctions against them would have an effect on almost every country in the world. The biggest question is not who will benefit but who will not impose sanctions and gain... I feel that Africa will continue to remain neutral and work both the west and China seeing that they so heavily rely on both. If Africa becomes one of the only partners of China, things could take an interesting turn
Africa is not a country and all african cannot produce nor consume anything. They can't project power within their borders, much less outside. Amd China can't stop them from trading with the West. So them being friendly to China is basically irrelevant
@@apc9714 You’re correct that Africa is not a country, yet you call them Africans. Are you contradicting yourself? Although many countries in Africa are poor, they are resources rich and have large population for potential growth. Secondly, there’re 54 countries in Africa, representing more than 1/4 countries globally, so in aggregate Africa has strong influence in the world politics. Shall I remind you that it was countries in Africa that brought PRC into the United Nations and kicked out ROC.
If a sanctions be pose on China, everything will be in trouble and everything will set off protests worldwide. People will make excuses on who to blame
The video's comments on China and Australia trade is generalized. Australia did find new markets for its products after China's ban but only in a limited way as a majority of Australia's export products are sold at discounted prices or unsold. There is no other market like China that buys in such huge quantities. Moreover, before China impose the trade bans, it did secure other suppliers in South America and even from Australia's allies like the US and Canada.
The video forgot to mention Australian wine. Hahahahahahahahahah All the grapes were left rotting ! "Red wine grapes left to rot as China trade dispute leads to oversupply in Sunraysia" - ABC
The big money maker for Austrailia is iron ore. The biggest threat to Austrailia is Russia. Because of western sanctions Russia is ramping up exports of everything to China. Australia exports more iron ore to china than all other countries combined by a factor of 3~4. It will take a few years but Russia will completely take over that market and Australia's standard of living will drop permanently. But as usual, the poor will get much poorer and the rich a little bit more rich.
It's obviously relevant since China has been dealing with Russia far differently than any other country. And it's threats to Taiwan - well, it's an important consideration for China and the rest of the world.
@@bulldogcoma420 You are living in a western centric bubble, China is dealing with Russia the same way most of the world dealing with Russia: same as usual, only western countries and a few Asian ally countries like Japan and South Korea are against Russia, the rest of the world are not.
The question should be “Can the West survive sanctions on China?” We are barely getting by through Russian sanctions, can’t imagine what an interruption of Chinese productivity would do to the world.
what Russian sanctions did to fuel and agricultural costs, Chinese sanctions would do to consumer goods. Will Americans tolerate an iPhone at 3x the price?
@@pepsisupremacy5533 Not from Russia as I live in North America and most oil is sourced on this side of the Atlantic with foreign oil coming in from the Middle East primarily. Europe is more exposed to Russian Oil but changing oil suppliers to the Central Asia, Middle East, North Africa, South America, South East Asia and Polynesia is eminently possible and can be done rather quickly. Gas is a much bigger issue particularly in the East but alternatives can be found and Russia doesn't have the infrastructure to send gas to Asian buyers in the same way it can send Oil elsewhere. The transition away from using Russian energy supplies will be painful but it only needs to be done once. When finished Russia will have tens of billions of dollars worth of stranded infrastructure. This doesn't even go into how dependent the Russian Oil and Gas industry is on foreign parts and technical knowledge. Those will be cut off making replacing the expertise that much harder. Particularly as Russia has been suffering brain drain to the west for decades. And even if they do replace the expertise they would have to build factories find the tools and the workers that can make the parts. All this takes alot of fucking time time that Russia won't have because once you shut off an oil well or gas field its real hard to get it going again. And the yields won't be the same meaning it will cost more to operate in the same place making your energy cost more. There are alot of nuances here saying that the west is barely getting by is missing the point; inflation alone is not the only metric of economic health. It must be stated the Western Economies will still grow this year albiet more slowly than expected. The Russian economy will decline and even if the (and especially if) the Ruble goes up in value that won't change the structural problems facing the Russian economy
@@MalekiRe The reference means that Francis Fukayama thought that there would be no more major wars and world shaking event after the collapse of the soviet union. And after Crimea and the recent invasion of Ukraine it seems like he was wrong.
It really is something how China maintains strong geoeconomic bonds with many of its rivals/unfriendly/enemy states. I guess the same can be said about the US's trade relationship w/ China.
They don't care about your system of government, they just want you to buy their stuff and in return they'll invest money in your country. That's called win-win.
It just shows the difference in perception. In recent years, the West keeps hyping up the "China threat" narrative. No one in China ever imagined that the US could be a threat until Trump's trade war.
Sanctions against China?? With 90+ % of all products sold in North America coming from China?? Result will be World-wide recession 10X worse than the 1920's !!!
“There are three kinds of lies: Lies, Damned Lies, and Statistics” Author in a video on 3:33 points out that Russia imports a lot of stuff from Belarus, but most of that stuff was not produced in that country. Almost all the imported goods from Belarus originated in other countries. It is just a way to circumvent sanctions that were imposed on Russia after the annexation of Crimea in 2014. The same thing could be at least partially with import from other countries on the list.
What is cringe is that UA-cam only recommends channels like this.... China is friends with Russia. You must be running out of content. Might as well make a video about if the moon was a person and started laughing
06:58 The Netherlands is listed as PRC's 8th largest export customer; but this is misleading. Much of that turnover is landed in Rotterdam, for final delivery to eastern Europe, to Germany's Ruhr industrial heartland, to Switzerland, to much of France, and beyond.
I always suspected Polymatter watches Peter Zeihan. This video is clearly a summary of his ideas for the past few months. No matter how good he is at presenting his ideas it's good to get opinions from other geopolitical figures and not only rely on him.
@@easonhuang7117 I don’t know if he said that, but blocking the straights in South East Asia would absolutely screw over China. China needs Persian oil which passes through those straights. Take that away and there isn’t enough land infrastructure like pipelines and roads to meet China’s energy demands.
Biggest problem of this video is the title itself. A more accurate would be, "Could the world survive with sanctions against China?" Doing that is akin of cutting your own limbs and asking the question, "can I survive by cutting all my limbs?" You see, the country is the world's manufacturing hub. They hold the biggest debt from US. And most importantly, they have good and close relations with Asian countries apart from Japan.
@@willyang4487 When push comes to shove China is doubled and more of what the USA do in trade for both Japan and South Korea. Not to mention both countries also know that the USA is using them as pawns and more importantly both of their citizens want the USA army bases out of their countries.
I believe the US has been placing sanctions on China but they're doing it slowly so it doesn't cause an economic downturn globally. However, rolling out the sanctions slowly would only give China the time to adapt to the new changes and develop alternatives. If the US government place huge sanctions abruptly it would affect the world economy and make more countries keep their distance from US in terms of using the dollar and re-strategizing trade conditions. Ultimately, hurting China would make ordinary Americans and poorer countries even hurt more... I think the world is becoming more multi-polar
It's already too late...the have opened their eyes to the danger of the US dollar. Now we have the BRICS alliance using commodity based currency. Their success will create an avalanche of countries abandoning the US in favour of their own commodities as currency. Let me be frank, Europe and USA needs the entire world but the rest of the world doesn't. China silk rode and maritime string of pearls is a plan of interconnecting the world excluding Europe. A multi-polar world without dollar is an inevitability. Because human are selfish and greedy...especially us Asian. We will never waste this lifetime opportunity of a good deal of financial freedom, wealth and dominance.
US, EU and China have economies of 21, 18, and 15tn $ respectively. Japan is 5tn. The rest of the world combined is 25tn, and it includes Canada, S.Korea, Taiwan, Australia... it easy to see why the remaining 150 countries matter so little.
@@Cecilia-ky3uw I don't think so. It considered as World factory. Well if they did sanction China, then just like Russia demanded payments in Ruble. China does it to. Economic flow will be disrupt big time 10× than Russia's
China has the world largest domestic economy and is the largest trading nation in the world. there is also a silly notion in the West that "West = World", the G7 is simply not the dominate economy anymore. they can't force Africa and Asia to not trade with China which offer them a better deal than G7.
If the presumed condition for such sanctions is an invasion of Taiwan, doesn't that also negate the West's semiconductor advantage? The Taiwanese TSMC produces the chips designed by Apple, Nvidia, AMD, and Qualcomm. In the event of an invasion, TSMC would at the very least cease to function. Intel would be the only remaining western company capable of manufacturing a modern chip (even they are increasingly becoming reliant on TSMC). Such sanctions would also almost certainly be reciprocated with a Chinese embargo on rare Earth minerals, so the more probable scenario is a complete paralysis of the global semiconductor industry.
The rare earths thing is overblown. When the Chinese froze out the Japanese a few years ago, everyone that depends on rare earths took steps to protect themselves from such disruptions. Rare earths are used much less these days, and the companies that still use them now maintain sufficient stockpiles to get by long enough for new rare earth purifying facilities to get up and running. The rare earths threat has been completely nerfed. Not an issue anymore. On semiconductors, the US and Korea both have facilities that produce 2020 level chips. In a year and a half or so, the US will have facilities producing 2022 level chips. So US tech will not be stalled for more than a couple of years. And since new chip architectures mostly come from the US and Japan while the precision machinery for making new chips comes from Europe, there will no long term slow down. Within four or five years, the world will be back on track, except that most of the new fabs will be in the US and Europe instead of in Taiwan.
@@yopyop3241 I believe your argument is overly optimistic. I already mentioned that Intel would still be active in the United States, but their production volume (along with Samsung's) isn't remotely close to meeting global demand. Covid brought the industry to its knees by itself through an uptick in demand and disruption of the supply chain (mild disruption compared to the Taiwan invasion scenario) . Even though the situation has stabilized, the industry still hasn't completely recovered two and a half years later. To use a concrete example, the RTX3080 price went flying north of 2000 USD. I can't imagine a high-end GPU costing less than 10000 USD if such an invasion did happen. Even though Intel is finally working on a (somewhat) competetive GPU, Nvidia and AMD are the only two heavyweight players in this field and are both entirely dependent on TSMC. Apple would probably be out of business, since most of their supply chain depends on China-proper and on TSMC for their CPUs. Quallcomm relies on both Samsung and TSMC, but is currently contracting TSMC for their next lineup, so Android phones would also be severely affected with the disruption of Snapdragon and Kirin (and again, PRC manufacturing and sales market). A single fabrication plant costs between 10 to 20 billion USD and takes up to 5 years to build, assuming the know-how and experienced engineers are available. TSMC is responsible for 56% of contract fabrication. It would take *at least* a decade for the western semiconductor industry to recover in my opinion, if they can even figure out how to reestablish an economy of scale without China.
@@bashersully7667 I think we are talking past each other. We are discussing the microchip situation in the wake of a PRC invasion of Taiwan and the imposition of Russia-style sanctions on China. My point isn't that there will be no effect on the global microchip market/situation. That's obviously absurd. No, my point is that the global microchip market/situation will have no effect on the world's ability to respond to the PRC's invasion of Taiwan. In the wake of invasion and sanctions, I would expect microchips to be in short supply. Rationing is likely. It will be like the gasoline situation in the US and around the world during WW2. Shortages and rationing, but not to the extent that it had any detrimental impact on the US's war effort. In contrast, the sanctions will gut China's ability to do much of anything. In the microchip arena, China's complete inability to access advanced chips will undoubtedly have an impact in some critical areas. But that's one of the lesser concerns for China. The biggest problem for China will undoubtedly be the lack of oil. The oil that China will be able to access won't even be sufficient to maintain domestic food distribution, much less maintain food distribution while also sustaining an amphibious attack on Taiwan.
@@yopyop3241 I don't dispute that China would be significantly paralyzed in the energy and food sectors, only disputing the video's assertion that the west would continue to have a semiconductor advantage. I get the feeling too many people think that going on with life would be as simple as setting up shop in India and returning to normal in 5 years. I think there will be an an entire generation of lost progress. Luckily this is all a thought exercise, China unlike Russia isn't dumb enough to start a war anytime in the next 15 years.
@@bashersully7667 US-based Intel says that it is already poised to take the lead back from TSMC with production of 18 Angstrom chips forecast to come online by the end of 2024. We'll see if they can actually accomplish that, but in any case, that seems like proof that there isn't any risk of "an entire generation of lost progress."
You keep making the mistake that a bigger nanometer-number automatically means bigger chips and that's not true. It can be, but it's not a causal relationship. The coffeemaker chips you mentioned are usually ARM-based or other RISC architecture, aiming at providing the most specialized logic. Specializing it also means cutting out unnecessary logic, so you end up with a smaller die, which lowers cost per chip as you get more chips per wafer AND you get a better yield, as smaller chips are less likely to contain an error that would make them unusable. So, a 14-nanometer specialized CPU might be much smaller than a general compute 7-nanometer consumer CPU, for example. This is why it's not correct to say "bigger chips" for chips that have been manufactured on older nodes. Yes, smaller nodes mean smaller transistors OR smaller transistor elements OR less unlogic space OR something related (it's not standardized what it means, by the way) BUT that also means that designers can now keep the chip's size the same while cramming more logic per area unit. So, chips might be getting smaller while keeping the same functionality as before OR they might be keeping their size but add functionality. Heck, they might even get bigger, like Cerebra's WSE. ALSO, if you're talking about chips, you should be able to make the distinction between CPUs and SoCs, for example, and types of chips and packaging.
@@peterbellini6102 Thanks, hope it still clears up some stuff, at least, but yeah - I guess by trying to be thorough, I ended up complicating it a bit. It's actually kind of embarrassing to show that I care about such a small detail, so even a small positive comment like yours actually ends up reducing some anxiety, which is kinda cool and I really thank you for that.
Just note that iron ore suppliers are not entirely interchangeable. Processes are optimised to the grade/composition of the ore usually supplied which may not be exchanged without potential negative consequences.
If the US sanctions China, the US economy will suffer multi-year recessions (because of non-accessible cheap exports and cheap labor market), tech stocks will crumble (due to chip exports being stopped), the hegemonic shift can occur in third countries (Right now, the biggest competitor for worldwide hegemony is china. Since both economies will collapse due to sanctions/ cold war mindset, countries that are neutral in the condition (i.e. countries who have good relationships with the east as well as west (for ex. Saudi, India, etc.) have chances to take benefit (by increasing there production and exporting like crazy) to become a worldwide economic powerhouse/ new hegemony. just a perspective...
As an American...that works for me, if we gotta lose our top spot, i'd much rather a democracy like India take it than a Communist dictatorship like China.
Me watching this video on 10/07/2023 shows how China has come in semiconductor manufacturing. Forget about the 10 years behind. They’ve already made 7nm chips years ahead of what was expected. China has already won that won of US dependency on US chips and ASML. Redo such video today and see how much China has maneuvered sinc this video was published. Amazing what they’ve done this year in every aspect
Yes India is very hostile to China, which makes false claims to Indian territory adjacent to Occupied-Tibet, and India is part of the QUAD. Vietnam is hostile to China and even welcomed the USS Theodore Roosevelt in 2020 as part of its growing relations with the USA. China is scared by the sanctions on Russia - and thus making friendly overtures towards India recently in spite of its repeated aggression over the decades!!! See also the 'Why Taiwan is not Ukraine' video on this channel.
@@sutapasbhattacharya9471 Didn't know the slums of Mumbai had WiFi LMAO. Be careful, someone might press the big red off button in the middle of your head 🐄🐄
0:28 only significant to Europe, just in terms of the war, Asia, Africa and South America have had far worse wars since WW2, especially American and Soviet proxy wars and coups
I think people were just so appalled by what Russia did in invading Ukraine. Saw comments from Europeans who said they and their neighbors could well afford all the fuel they wanted post invasion, but turned their thermostats way down or switched to other heating methods, just from the sheer outrage at Russia.
I dont think rare Earths are "rare" because they are scarce, I think they're rare because not many countries are willing to go through the environmental impact of extracting them. And china dgaf about their environment lol EDIT: Looked into it, and all rare Earths are actually extremely common within the Earth's crust (except for promethium that has to be manufactured via nuclear fission) but southern china has deposits that are significantly more economical to harvest than other places in the world.
they are kinda like gold, you can find them everywhere but cant mine them everywhere, theres a lot of requirements to mine rare earth, and the process requires lots of water and then renders that water un-useable, many countries are now producing rare earths but thats just one piece of the puzzle, next is to process them, you can dig our crude but if you cant refine it, its still useless, this processing stage requires technology and due to its head start ,china is still ahead, chile,argentina and even australia send thier mined rare earth to china for processing, so its not just about its abundance, theres a lot to it
About semiconductors, the taking of Taiwan would create a semiconductor crisis WORLDWIDE as the TSMC foundries would be seized by the PLA in the early days of the intervention.
Crisis, yes, but not likely the foundries would survive the taking in operational condition. Why wouldn't they be sabotaged instead of letting the CCP gain control?
@@FarsightAE Semiconductor manufacturing process is EXTREMELY delicate, a single bomb on one of TSMC's manufacturing/EUV wings and the whole production is crippled.
Approx 09:28 "China buys one fourth of the wold's oil by value." I challenge this assertion. It is quite credible that PR China buys a quarter of internationally shipped petroleum and derivatives, but the US is a major consumer of these, as well as a huge producer of crude.
The businesses leaving Russia wasn't self-imposed. It would be very difficult to move money in or out of the country because of all the government restrictions
That’s why Russia is moving to a hybrid gold standard to prop up there currency. In the long run Europe will have to crawl back to Russia for there oil. When Russia does finish taking over most if not all Ukraine. On the bright side the war pigs in Washington will make a nice profit.
I would use the world "growth" instead of "Survive". Don't forget before the 70s China was completely closed off & decoupled from the rest of the world, and survived.
Survived? Yes. Thrived? No. And with current Chinese citizen's appetites, who's to say the downturn, coupled with the intermittent lockdowns, wouldn't cause major uprising in China.
"No one has benefitting more from the US guarding the shipping line than China" I'm scratching my head upon this remarks, the US is in no business of guarding the shipping line for the benefits of China. The US only care for their own interests, and they'll do it through whatever means incl blackmailing, stealing or pure robbing.
so USA guarding the shipping line from who？ pirate? China can guarding the shipping line themselves from pirate only have small ships Countries along the way? These are all small countries. None of them is an opponent of the Chinese navy. Do these small countries dare to rob Chinese merchant ships? The only possible blockade and robbery of Chinese merchant ships is the United States itself
You can see how much bias there is from that sentence alone. US isn't doing the world a favor -- it's threatening other nations by having the ability to perform blockade and sanctions if other countries don't do their bidding. Polymatter is a CIA bot channel now it seems.
Which is a really stupid view. We need cooperation, not more monopolar hegemony from a morally bankrupt US. China is just as bad, but it is better for the world to have two big powers instead of one. It gives us negotiating power.
The "free world" can easily strong-arm Russia into submission and I think it will. We won't see anyone wishing Russia to collapse, though. It would be too great a risk for the stability in the whole area...remember they have about 6500 nuclear weapons. We cannot risk these weapons falling into the hands of regional autonomy republics or local warlords. However, if the same was done to China, the rest of the world would suffer and the economy would stagnate.
You are wrong on both points. First, it IS hard to strong arm Russia. That is what has led to this war. Second, collapsing Russia is EXACTLY the plan of our foreign policy elite. Google up the 2019 Rand report, _Extending and Unbalancing Russia_ . This was all planned (badly). Only the "little people" were surprised.
@@AP-yx1mm for PPP they use a basket of goods that most people use so like, food, average housing, clothes, transportation, medical etc. So using GDP PPP per capita is brilliant for comparing standard of living across countries even though the quality of these things might be different. But it does not take into account anything else, like cost of machines, inputs into companies, cost of access to tech products. So when you are comparing the whole economies of countries you want to count everything including how cheap good technology is in different countries and not just compare adjusting for a small basket of basic goods.
@@AP-yx1mm china produce everything sure them can buy them for way cheaper, you arent get same amount goods with same amount money with chinese people, if them want more gdp then just print more money to appear bigger with devalue their currency like USA is doing. the result you see here is the best the result of any measures already, because this is still a western media rather than chinese media. :)
Considering our nation's are still showering Russia with money (mostly energy) despite sanctions. it's easy to guess that sanctions against China will most likely be useless, corporations and lobbyist will also work tirelessly to prevent any sanctions or evade them.
Please note this: west countries ≠ the world. IF China been sanctioned like Russia, it will become another cold war situation, but unlike last time China was helping the US to against the USSR, this time China and Russia is on the same side.
Big truth. Even against Russia a lot of countries outside NATO braced against the western alliance. In a situation where the enemy is China, the US will get more support in Asia, but in South America and Africa a lot of nations will switch sides. Especially if we are talking 3-5 years in the future, or longer.
If a sanctions package is launched, then a recession to a lot of the economies caught in supply chains will occur. Some political scientists have suggested that the world is destined to be more degobalized. Sanctions would hasten that reality. Whether that's good or bad really depends on where you live.
I think that the graphs shown around 3:00 would be much more informative if the EU countries where consolidated. All countries in the EU follow the same trade rules, so if the EU decides something it affects all EU countries directly.
Great video. However, I have a problem. The last couple uploads, I’ve tried to sign up for the curiosity stream and nebula bundle deal, but it never gives me access to nebula! It prompts me to purchase the subscription via curiosity stream (with the polymatter code for $15 a year) but then it just acts as a curiosity stream subscription, and NOWHERE does it prompt being able to use it to open or download nebula. When I go to nebula separately from the “watch this video on nebula” link, it prompts me to sign up or sign in. If I press sign up, it’d have me purchase a new basic subscription. If I press sign in and use my curiosity stream account info, it gives a box that says if you’re coming from curiosity stream than you can enter your email and set up a password. However, when I enter the address, no email ever gets sent to me no matter how many times I try. This option is only available through the link in the description. If I download the app or go to their base website, it just tries to get me to sign up full price. If I go to your content on nebula, it tries to get me to pay the deal again which I already paid for on curiosity stream. Does anyone know how to solve this issue? It’s happened multiple times and I just have to keep cancelling my subscription and deleting my accounts because I don’t want to pay for something twice!
I was just about to buy the standard one year Curiosity Stream package! Please let me know if you're able to resolve the issue...one of the main draws, to me, is the Nebula bundle deal but if that doesn't work then :/
Rare earths can be found just about anywhere. The issue is that it takes a lot of highly pollutioning processing to the ore into product. China's RE dominance is based on a discard for horrific pollution and selling below cost (via subsidies).
Agreed that this is the truth and not talked about enough. People present it as if they are sitting on the only supply. That said, it is not a change we could make overnight and the cost would be higher.
@@michaels4255 but you can't replace China's policy that doesn't give a damn about their worker's rights. Try that in any democratic country, the workers would gladly to revolt. There's a reason why capitalists love so much to manufacturing in China.
Rare earths are abundant in the earths crust but mineable concentrations are more rare. China has 38% of the world’s reserves. Even though China’s mining of rare earths has dropped to 58%, the refining and processing of rare earths is 85% done in China.
The Carolina region of the US is said to have large deposits of rare earth minerals similar to China (some duke power study from way back when). The problem is that these rare minerals are usually clustered with other minerals and have to be separated, this process of separation is energy intensive and pretty environmentally hazardous due to the chemicals that have to be used. The US has been letting china own this market because it would be scrutinized to the point it's unprofitable due to regulation (not a bad thing, but is a disadvantage). Given the environmental hazards and regulation, at that point, it was better to let china deplete their deposits and take the environmental hit while we hold ours for a rainy day (similar to large natural deposits in state parks). We could probably do it here in the US, but it would come at a great cost to my home (I live in the region).
Yes rare earth is not actually rare it's just very costly on the local environment to refine and the Chinese state massively subsidize it to the point it would not be profitable to refine it outside China.
Great long term saving. I only hope your country will not stop selling it to India coz we are also helping US by sending lots of scientists and engineers there 👍
Yeah, because the people setting the terms of the sanctions would still be allowing trade of essentials. There's a reason they didn't sanction Russia's Oil and food exports, because they still need them. What could hurt the west would be counter sanctions.
* US Government tries to sanction China* Wall Street: "This was all my fault, i was the one who wanted to relax on Sunday. Now if you'll be so kind as to leave so i can get ready for work tomorrow..." White House: "But..." Wall Street: "GET OUT!"
@@ethanwmonster9075 Just a few calls from the techies, bankers, and CEOs to the Congress (and Langley) and the POTUS will be signing it's resignation or facing impeachment within the next couple of hours. We all know who's really in charge in the US and what happens to the ones trying to get between them and their money.
The correct question would be would the world survive if China🇨🇳🇭🇰🇲🇴 were isolated by sanctions? the answer is no, because it would bring about an economic collapse as big as closing the US🇺🇲.
The world would survive. Manufacturing companies have steadily been leaving China since 2012 for the rising cost of production in the country. Since 2011 the price to manufacture has multiplied by 10. Not to mention all the rare earth metals China has have been dwindling over the past 3 decades they've been actively mining them so countries have started to go elsewhere to get the metals they need like more mining in the US, Canada, Australia, Brazil and several African countries. And since China doesn't make any high end semiconductors or other high tech items it wouldn't be a security threat if another country sanctioned them. Things would be tight for a while definitely but the world as a whole would be able to carry on.
The world would find others to manufacture PCBs (not hard), and make HDMI cables (not hard) Chinese manufacturing is only marginally cheaper, and westerners are used to 10% y/y inflation already, whats another 10% increase in prices.
@@changchadchanamdong2668 For the moment they definitely won't sanction China. If they invade Taiwan that's a different matter. There would probably be sanctions then but how severe they would be depends on how much that could effect the West. If the West continues the trend of pulling out of China like they have been for the past decade then for every year that passes there will be an increasingly smaller threat to the West's own economies because they already have alternatives in place.
Well, I appreciate and agree with the comments of both, but China🇨🇳 is not only the "Factory of the world🏭" China is also an economic center that has 3 of the 10 largest stock exchanges in the world, it is one of the nations with the most stocks within Nasdaq and NYSE, so I believe that no matter how much we can manufacture things out of China, the world would still suffer an economic crisis or rather "an economic catastrophe💵🔥" in long run, the truth is that everyone would feel that loss both in China and in the Western World🇺🇸🇪🇺.
Of course China can survive sanctions. What do you think it did during the cold war if not survive sanctions. The right question to ask is can the USA, Canada, Australia, New Zealand and the European Union survive the sanctions they've imposed on themselves. Cutting off your own oil and gas supplies, refusing to pay for much needed raw materials you've contracted for, and stealing money of the country that provides those raw materials is not a good idea.
China will be dropped back to a society based on subsistence agriculture. Except that in the last several decades, China has consumed and polluted so much of its natural bounty that the carrying capacity of China is now about 40% less than its current population. So at least 40% of the Chinese alive today would have to be culled. And these things always overshoot by a lot, so you would probably talking closer to 2/3rds or even 3/4ths. The death rate would undoubtedly be highest in the cities, so the educated Chinese population would likely be all but entirely wiped out. According to the video, the US would take a hit of about 2% of GDP. Not nothing, but not that bad. May not even have a recession. And that's a short term thing. It won't take too long to get alternate low-skilled workers in Vietnam or India or Mexico or wherever up and running to fill in for the Chinese in supply chains. In contrast, the Chinese deaths by famine and the resulting hit to Chinese GDP will obviously be permanent.
@@yopyop3241 What a great opportunity to get rid of those pesky old people making up half of our population. Praise the Great Leader and glory to the Republic!
I think the most wise thing of CN economic policy is the domestic supply chain: when CN introduces a western company to assembly their products in CN a bunch of CN companies producing parts of it as a part of its supply chain will rise together which are hardly to move to another countries, e.g. nowadays iPhone are also assemblied in Vietnam and India, but the parts still come from CN, and they can also serve other companies like Tesla or domestic competitors
China has rare earth minerals. Except they forget that 75% of all rare earths up to 1980 were mined in USA. Our mines are not dry, just more expensive than China's. That could easily change if China wants it to...
Yeah, rare earth it's not so rare but the processing is hard. Also China own the patents on rare earth processing. But it's not about China, all its about the US. It's the US greed that moved factories to China, the same with rare earth. It's easier to blame others right? But who is really 1st cause to blame?
@@yogawan3805 It it ever came to the point of moving rare earth processing away from China, it would be a huge shitshow anyways and nobody would care about the patents they hold though
why you think china can not manufacture product by rare earth, the fact is china has already has the technology to produce products by rare earth, now china can also make 28nm microchips by their own made machine
@@CedarHunt Bull. Why stay in country that's has tons of crime, and infrastructure that's falling apart, and unaffordable housing? China is far from perfect, but young people have more opportunity there by far.
I think Boeing would have a bigger problem if China stops buying their planes, as China single handedly accounted 20% of Boeing's sales. Even for the engines, China has already started testing their indigenously developed and produced CJ-1000A high bypass turbofan engines, so sanctioning China would only delay the launch of the plane, but the US will eventually be lifting the rock to smash their own foot.
What is cringe is that UA-cam only recommends channels like this.... China is friends with Russia. You must be running out of content. Might as well make a video about if the moon was a person and started laughing
As the video’s narrator said , no one abroad is buying Chinese planes . That tells you something about their quality . When a country like China needs to reliably transport many millions of people by air every year , they have no choice but to use reliable & durable options , ie Boeing & airbus
@@bigmedge The C919 is the new kid on the block, and it will take time for it to build confidence from overseas buyers, plus it’s still going through the international certification process. But as of today, there are 815 orders for the C919 vs 280 orders for the Boeing 737 MAX. That says a lot about the safety track record of Boeing in the last 10 years.
@@et683 1st of all, you pulled the # about the orders for the Chinese airliner out of your ass - when it comes to spending that kind of $ , & when the product must have bulletproof reliability as a commercial jet must , almost nobody is gonna buy a product that was built with Chinese quality control standards . The fact that the vast majority of China’s J20 fighters are not air worthy is the best example of how much of a failure China’s aviation industry is . Also , a 5 second search will show you that in the year before the CCP virus decimated air travel (2018) , Boeing delivered 806 jets . That’s higher demand than the Chinese airliner can dream of , for obvious reasons . Good job proving that you have no clue about the subject
Do you know the US and EU had sanctions against China in space technologies, now guess which country has its own space station. If you do business with China, China will be careful with IP protect and reverse engineering, but if you sanction China, China could just ignore the IP protection and make a lot things much easier.
Simple answer to this questions is: The US trade deficiet is way to large for the US to heavily sanction China. China could respond with a trade embargo that would devisate not only the US economy but also do devastating damage to the US infrastructure.
7:54 "No country has benefitted more from the U.S. Navy's guarding of the world's shipping lanes than China." Is this a thing we do? Is that why the defense budget is a sideways 8? Why would we not talk about that?
This whole topic goes back to after WW2 and Breton woods agreements. Peter zeihans has this same view that poly matter does. US really didn't like the Soviets so they created an alliance. So the US bribed everyone, we give you access to the world seas and you let us decide your security policy with the soviets. The US Navy ensures the sea lanes are safe, and let every country have the ability to buy the assets they need. Before "free trade" you needed a military to ensure access to those resources. The same thing happened with China under the Nixon administration. The US spends so much on military to keep the system running. China's navy can't guarantee oil imports or sea lanes exports. China would be at the mercy from any country along the way from Saudi Arabia to China(Malaysia, Singapore, Iran, India, Japan, etc).
6:43 - Why is Integrated Circuits blurred out? 🤔 EDIT; Ah, nvm I see now this is a 2020 chart and I read now in a TIME's article: "In 2020, the US began restricting sales of American technology to companies like Semiconductor Manufacturing International Corp. and Hangzhou Hikvision Digital Technology Co., successfully containing their growth - but also fueling a boom in Chinese chip-making and supply." So I take it Integrated Circuits is different today in 2022. The article was titled: U.S. Sanctions Have Helped China Supercharge Its Chipmaking Industry Same thing might start to happen in Russia now as well -> ua-cam.com/video/kSU3iDBTB_A/v-deo.html
Well, this video is wrong about the chip industry in China. China is totally self-sufficient in manufacturing the chips for military uses (think about their space station, satellite network, supercarrier, stealth airplanes and etc.) and low to medium-end chips for civilian uses. What China cannot manufacture now is the high-end chips used on personal computers and smart phones, where China is about 10 years behind the state-of-the-art. As a matter of fact, those high-end chips are already over powerful, which is simply the result of commercial competition. Those chips do not have much use in war time.
I mean sure, if the US got plenty of countries to go along with sanctions, yeah they could do some damage... But, not, without destroying some major European nations, but they would back out before then, so I guess no
USA, Canada, Australia and EU are together more than 40% of global GDP. And there are more countries who sanction Russia, for example Switzerland and Japan. Just USA and EU were the destination of 45% of Russian export before the war. That is a lot.
CORRECTED intro: Post WWII IR theory says “democracies” tend not to go to war with each other because of interconnected economies, not “capitalist” counties. So thoery is still correct. Otherwise, great vid as usual.
You're correct more interconnected world is less there will be war you can find this after world war when globalisation increased. Russia did because of putin paranoia otherwise they know what impact it will have. I think this war has taught china to be even more cautious
If democracy doesn't go to war then why USA had overthrown so many democraticly elected leaders of latin america and Africa and Instead installed their own puppet over there.
@@dirremoire I am pretty sure that you use a definition of democracy that makes it impossible for any country to qualify as a democracy. IF you say there are no democracies in the west then that's the same as saying there are no democracies in the world.
4:00 they might be dependent on exporting manufactured goods, but they'll be feed themselves, get fuel from Russia and build anything they need on their own! Practically self sufficient
Could the world survive the sanctions against China? I once heard a minister of foreign affairs say that economic interdependence is actually a great tool for preventing military conflict and maintaining peace. Everyone loses out if war breaks out. It disincentives everyone from engaging in war.
that is not true. This is based on the notion that the world will have the same mentality as NATO countries. but that vote in the UN against Russia showed you. OTHERS HAVE THEIR OWN PLAN OF ACTION. even in Africa, its : MAGA Make Africa Great Again 🤦i know its a strange concept to wrap your mind around but other lands dont want to SCORE against themselves; so you can win. There will be a time when nobody picks up the phone when NATO calls. the west cant testify to this: A COLD WAR is worst than a hot one. 3rd world countries dont meant economic poverty, It simply means countries that are neutral regarding the fight between 1st and 2nd. 🔥👍 the reason all 3rd world countries look the same ; is the retaliation of 1st world countries towards them. ICING them out of technology and even automobiles. This is why you dont see Ford or GM in Africa = you only see Toyotas, Izuzus, KIAs 😆 just asian car makers. But in Australia it looks like Arkansas or Florida even down to the bagel/pizza franchise is there. even the street signs are the same 'green' color = BECAUSE THAT IS WHAT true trade looks like. the minister of foreign affairs told you that to spear you the cold truth; revenge is a dish that is best served cold. The USA wont take the bait for the hot war or the cold one. They would rather focus on internal matters ...even if they have to self sabotage (like making abortion illegal) or ok guns laws for all. 💅🏾
Not true, Asian countries in general are far more favorable to the US than they are to China. You really think countries like Japan, Korea, Vietnam, India etc is going to side with China over the US? I mean yeah sure North Korea will surely pick China over the US but that's about it. China doesn't have many friends in Asia.
@@JeRefuseDeBienPrononcerBaleine China doesn't import most of that food from the west, and has the largest reserves in the world. Food is the last thing they'll be missing if sanctions were imposed. Also food sanctions are highly controversial, even Russia isn't under them.
@@ArawnOfAnnwn Russia is a net exporter of food while China is a net importer. That's why they'll have a much harder time with sanctions as you need foreign money to buy foreign food.
@@JeRefuseDeBienPrononcerBaleine Not a modern economy would implement food sanctions, which would bring about a massive humanitarian disaster. If the purpose of sanctions is to punish the Chinese government for humanitarian purposes, then what have the Chinese citizens done wrong to make them suffer the consequences of their government? This is clearly the opposite of what the sanctions were intended to do， and the food-exporting countries would be the ones to blame for causing more deaths.
Double edge sword, surviving is 100% , there was a harder sanctions. Every countries survived , Iran, North Korea , Venezuela ,Russia their regime remains.
Yeah man. Like the US literally have to destroy Huawei because they inventing new product like 5G, getting bigger and more influential. A Chinese company DJI is also the leading drone tech company with very less competitors. China also leading the world with quantum computing. This is just the few example
I've seen them, the carriers unfinished so I am not passing judgement. J-20 copied alot so I don't see your point. Endlessly copying with no innovation leads to stagnation. Kinda like their aviation industry.
Based on your assessment of semiconductor engineers shortage, clearly you are unqualified to talk about China technology competitiveness. Vast majority of semiconductor are not below 14nm. China can make chips as small as 7nm. There are more secure than you think.
China can make their own microwaves and TVS yes, anything more advanced needed for high tech military equipment and 5G is a no go though. They can make the same chips that were invented 20 years ago though that is true.
@@zjeee 7nm was first concocted by TSMC in 2018 without EUV. SMIC can now do the same in 2022. Your mind is stucked 20 years ago. Military are more old tech than you think. ICBM was old tech like pre-2000s.
A good question is can America survive sanctions from China and the quick answer would be no. The us only accounts for 19% of the GDP of China and they have already weathered that through the pandemic but imagine waking up one day and 95% of the products that you get in your country do not come anymore. If China asked America to pay them back which they can't and then they impose sanctions against America that would definitely call the end for us out here
From the reality prospective, russian currency bounced back to its pre war condition in months, if they can bounce back in months, china would do that in weeks. And what about the impact in US, that would be the biggest catastrophe of this.
Ukraine gets so much attention, rightfully so. But no true critic of capitalism believed an intertwined market stopped wars. They made them more costly sure, but as long as capitalism exist, war will be profitable and morality left as an afterthought.
War is not profitable. War is the most financially irresponsible endeavour a state can undertake. For every Lockheed Martin or Rheinmetal war hawk lobbyist there are ten other dovish lobbyists from the commercial economy begging officials to go easy on Russia (in this case) or China
@@pabloramirez158 It's a death sentence for the little guy. But the elites don't care about the little guy, cause they don't pay them off. It's the Imperialist contractors, the mfs that lobbied for war in Iraq for example where not the small War Dogs with an ammo business. But the oil barons, the military manufacturers, they control, trade and sell our lives for pennies on the dollar
@@AnotherConscript This isn't just about the little guy. Back I February, it was the big German Companies that were asking Berlin to go soft on Russia if they ultimately invaded Ukraine. For every war profiteer out there there's just as many, if not more people even within the elite that pay the price for war
@@pabloramirez158 Germany and the EU as a whole is ultimately more affected by the war than let's say the UK or US. That's why there rethoric has been different. That doesn't take away from the fact that they replaced there Afghanistan budget and repurposed it too Ukraine.
To summarize: our sanctions against Cuba, Iran, North Korea, and Russia have failed just as badly as China's sanctions against Australia. I love equality.
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McDonald Russia evolution!
Done
I mean providing russian people with Essentials services shouldn't prompt another nation to santion them....But again US is so desperate nowadyas wouldn't be suprise if they sanction china ...and boom there starts ww4
they are getting more expensive
7:10western hypocrisy. Switzerland intervened for Ukraine but remained silent during Israel's war with Palestine. he said neutral but hypocritical
A better title would be "Could China Survive Russian Style Sanctions" - "Could China Survive the Sanctions Against Russia?" is extremely confusing. (Edit: I suppose the sentence could more easily be corrected by simply adding "Used" prior to Against.)
Yep awful naming
No, china will feel the pinch of Russian sanctions.
Another title would be "Could China Survive Russia's Sanctions"
@@_Bran what? That implies Russia is sanctioning china.
hmm I feel the title was fine... "Cool China Survive Russian-style Sanctions" makes it sound like whether China can handle sanctions from Russia. The question is whether China could handle the same sanctions currently placed against Russia.
Considering China’s vast size, an economic collapse caused by sanctions could do massive damage to the global system.
Dragon Will certainly Go crazy if that happens...would love to see 1 o mr 2 Hypersonic Missiles Over my head
We could survive it. Can’t say the same for China.
We are already facing a global recession. How else can our financial systems deteriorate further?
Beijing orders officials to find ways to protect the nation from western sanctions like those used against Russia
Deterring Chinese aggression against Taiwan is in everyone’s interest. It is not just an Indo-Pacific issue, it is a global issue,'
Chinese officials are looking at ways to defend the country from economic attack if the West should look to sanction China in the same way it did Russia - stoking fears the nation is preparing for an invasion of Taiwan.
'No one on site could think of a good solution to the problem,' the Financial Times quoted a source as saying. 'China’s banking system isn’t prepared for a freeze of its dollar assets or exclusion from the Swift messaging system as the US has done to Russia.'
By TOM BROWN FOR MAILONLINE
PUBLISHED: 12:24 BST, 2 May 2022 | UPDATED: 14:37 BST, 2 May 2022
God forbid we got off slave labor
“9 women can’t make a baby in a month”
I like that comparison. It demonstrates how complex the semiconductor industry truly is.
Biotechnological advances would like to know your location
@@thenegociater3387 Praise the Omnissiah
Bot Don't confusing folks here 🤫
I don't fully comprehend the analogy. Is it that the more people there are it would still take time for the fruits of the engineers to manifest?
@@theadam7598 for someone who doesn’t comprehend the analogy you know the analogy exactly as it’s intended….just because you bring 9 women together doesn’t mean they can do the job it takes one 9 months to do likewise just because they have 9 times the scientists doesn’t mean they can make semiconductors 9x faster. Some things just take time
Sanctioning China is like sanctioning yourself.
You haven't watched the video. According to the video, the damage to the US from sanctioning China would only be 2% of US GDP. That's about one third of the economic damage of the first year of the pandemic. And the damage from sanctioning China would come down much faster, because China overwhelmingly only provides the world with low skilled manufacturing labor, the easiest and fastest thing there is to replace.
@@yopyop3241 LOL
@@yopyop3241 If have opportunity, welcome to China live for several months to know about real China, not the China by press
I don’t think this episode goes far enough. You mentioned that China wouldn’t be able to manufacture any high tech devices due to their reliance on importing semi conductors but that goes both ways. What would the result be for the western world if they can’t get access to the rare earths used to manufacture these devices as well? Would it result in both China and US and Europe both lose their ability to get these devices? After all - all the manufacturing and assembly is done in China. If China is 30 years behind in semiconductor engineers then so is the West behind in terms of gaining economies of scale when it comes to many raw materials needed, manufacturing and assembly.
True, most people didnt realise that without chinese component, some of factory outside china will also stop production due to lack of supply chain.
Australia is the second largest producer of rare earth elements. We also supply basically everything China needs they cut us out and their economy tanked
There are large deposits of rare metals elsewhere on earth not being mined currently because of Chinese abundance.
Rare earths are not actually that rare, and aren't exclusively found in China. In the '90s, many mines in the US, Brazil, Canada, and Australia were closed because China undercut them. Many are starting to be reopened due to concerns about dependence on China.
China lacks the capability to manufacture those components, the west lacks the will to mine those resources. One is a problem of capability, the other is a matter of cost. The West can and is starting to gather those resources from other places than China, and China as a nation has begun to pivot away from being the worlds manufacturing hub for the last few years (hence why they are investing heavily in Africa, they want Africa to become China's China). All it would take the for the West to ditch china is another available market and, barring that, 5ish years to produce rare-earth mines at scale on their own soil (something they have being working on already for the past 5 years btw). If the west has the will, it has the way.
China is 30 years behind semiconductor production and not even IP theft can change that. Semiconductor production at the size (2-5nm) and scale that Taiwan produces is a feat that not even the USA is capable of matching in short order. Unless they are able to successfully take Taiwan without destroying the semiconductor factories and without killing the men and women who work in them they aren't producing anything remotely close to that on their own soil for decades.
Both sides would undoubtedly be hurt by such an event, but when one side is hurting for cheap labor and global-distributed raw materials and the other is hurting for highly-skilled manufacturing processes and the decades of knowledge that leads into that skill set one will recover much faster than the other.
Russia was disconnected from the West, but it has relations with nations like China and India. Do we have to remember the population of China and India? They are not isolated from the world. It is just that the definition of WORLD is too small
China, Africa and India are basically the world with over 4 billion people. Europe and the USA - maybe one billion tops.
so basically half mondial population
The UN General Assembly condemened Russia overwhelmingly while only four other states supported it. Moral support by Belarus or Eritrea however won't fix a economy that is attacked by the EU, US and allies which have disporoportional strong economies. 35 states obstained, including China and India, and that is basically their position right now. While the relations with Russia are still okay, major Chinese banks and companies comply with Western sanctions, even though unwillingly. That's why Russian state media had to tone down expectations about "new economic ties".
@@dirremoire We be da big dick champs tho
Every Western media say the same thing they think the west is the entire world 😂😂 Russia is only isolated from Western market
With what sanctioning Russia (which has a much smaller economy than China) is doing to prices in the US, I can’t imagine the economic damage that we would do to ourselves by sanctioning China in a similar way.
Yes ...US will suffer badly in similar manners...
Amen
Prices in the US are this way because everyone was "holding their breath" trying to not raise prices due to the 2 years of coof. When the conflict started, everyone let out the belly out of their shirt in collective relief and said "Russia, dude".
Oh the US is some orders of magnitude more dependent on China than Russia
@@TumblinWeeds Of course it is. Russia is big in a couple of key goods like hydrocarbons and wheat, but China, man they make so much of the stuff we need for our daily lives
A full-scale sanction on China? Very Interesting. Just think about how much inflation enjoyed now by the US customers after some tariffs are put on Chinese goods.
China slaps tariff on steel for export, it encourages steel mills to sell steel domestically, overseas customers pay more. 😊😊
That's why companies are moving their manufacturing out of China. There is plenty of cheap labor all over the world. China doesn't have anything unique.
@@deebil8099 only auto companies owned factories in China. Tesla is the only 100% foreign owned operation. China moved their eco unfriendly, low level manufacturing to SE Asia or elsewhere because they've moved up the food chain.
you completely misread the news.
@@willengel2458 I don't know what eco friendly manufacturing you're talking about. China has been increasing their emissions every year. They are opening new coal plants to provide electricity for their manufacturing plants. There is absolutely nothing eco friendly about Chinese manufacturing. The vast majority of manufacturing in China is low level manufacturing. Their bread and butter is cheap slave labor. Nobody needs them for advanced manufacturing. China has been used by Advanced economies to offshore their pollution and cheap labor.
@@deebil8099 Man, you are still living in 30 years ago. Many Americans are just like you.
China is so deeply woven into our current international trade society that imposing sanctions against them would have an effect on almost every country in the world. The biggest question is not who will benefit but who will not impose sanctions and gain... I feel that Africa will continue to remain neutral and work both the west and China seeing that they so heavily rely on both. If Africa becomes one of the only partners of China, things could take an interesting turn
ASEAN nations will also remain neutral.
@@abdiganiaden So if you sanction China how do the major consumption economies consume?
Africa is not a country and all african cannot produce nor consume anything. They can't project power within their borders, much less outside. Amd China can't stop them from trading with the West. So them being friendly to China is basically irrelevant
@@apc9714 You’re correct that Africa is not a country, yet you call them Africans. Are you contradicting yourself? Although many countries in Africa are poor, they are resources rich and have large population for potential growth. Secondly, there’re 54 countries in Africa, representing more than 1/4 countries globally, so in aggregate Africa has strong influence in the world politics. Shall I remind you that it was countries in Africa that brought PRC into the United Nations and kicked out ROC.
If a sanctions be pose on China, everything will be in trouble and everything will set off protests worldwide. People will make excuses on who to blame
The video's comments on China and Australia trade is generalized. Australia did find new markets for its products after China's ban but only in a limited way as a majority of Australia's export products are sold at discounted prices or unsold. There is no other market like China that buys in such huge quantities. Moreover, before China impose the trade bans, it did secure other suppliers in South America and even from Australia's allies like the US and Canada.
The video forgot to mention Australian wine.
Hahahahahahahahahah
All the grapes were left rotting !
"Red wine grapes left to rot as China trade dispute leads to oversupply in Sunraysia" - ABC
The big money maker for Austrailia is iron ore. The biggest threat to Austrailia is Russia. Because of western sanctions Russia is ramping up exports of everything to China. Australia exports more iron ore to china than all other countries combined by a factor of 3~4. It will take a few years but Russia will completely take over that market and Australia's standard of living will drop permanently. But as usual, the poor will get much poorer and the rich a little bit more rich.
PROPAGANDA.
I am proud that my country 🇦🇺 has stood up to the CCP bullies.
永遠的自由👍
@@r3dpowel796 ABC news i.e. the Australian state funded news outlet is hardly propaganda, at least Chinese Propaganda.
Dude can relate China to anything at this point...
PROPAGANDA.
It's obviously relevant since China has been dealing with Russia far differently than any other country. And it's threats to Taiwan - well, it's an important consideration for China and the rest of the world.
@@bulldogcoma420 You are living in a western centric bubble, China is dealing with Russia the same way most of the world dealing with Russia: same as usual, only western countries and a few Asian ally countries like Japan and South Korea are against Russia, the rest of the world are not.
@@bulldogcoma420 Funny that you consider US + its allies = rest of the world
@@TheRealIronMan not even Japan and SK are against Russia, only their governments.
Do you think the WEST can survive economically if China is sanctioned?
No The West will NOT SURVIVE without the White Knight (China).
Yes.
Ha ha , of course not la
Lol just look at the Russian sanctions … look at West economies lol west enjoys sanctioning itself
Polymatter is largely a western propaganda channel so you know the "answer".
The question should be “Can the West survive sanctions on China?”
We are barely getting by through Russian sanctions, can’t imagine what an interruption of Chinese productivity would do to the world.
Exactly he's videos are made from a western perspective
what Russian sanctions did to fuel and agricultural costs, Chinese sanctions would do to consumer goods.
Will Americans tolerate an iPhone at 3x the price?
I mean the West doesn't rely on Russia in the same way Russia relys on the west
@@thr433sure about that, pal? Seems like you rely on oil quite a lot and they exercise market control that you don't have.
@@pepsisupremacy5533 Not from Russia as I live in North America and most oil is sourced on this side of the Atlantic with foreign oil coming in from the Middle East primarily.
Europe is more exposed to Russian Oil but changing oil suppliers to the Central Asia, Middle East, North Africa, South America, South East Asia and Polynesia is eminently possible and can be done rather quickly.
Gas is a much bigger issue particularly in the East but alternatives can be found and Russia doesn't have the infrastructure to send gas to Asian buyers in the same way it can send Oil elsewhere.
The transition away from using Russian energy supplies will be painful but it only needs to be done once. When finished Russia will have tens of billions of dollars worth of stranded infrastructure. This doesn't even go into how dependent the Russian Oil and Gas industry is on foreign parts and technical knowledge. Those will be cut off making replacing the expertise that much harder. Particularly as Russia has been suffering brain drain to the west for decades. And even if they do replace the expertise they would have to build factories find the tools and the workers that can make the parts. All this takes alot of fucking time time that Russia won't have because once you shut off an oil well or gas field its real hard to get it going again. And the yields won't be the same meaning it will cost more to operate in the same place making your energy cost more.
There are alot of nuances here saying that the west is barely getting by is missing the point; inflation alone is not the only metric of economic health. It must be stated the Western Economies will still grow this year albiet more slowly than expected. The Russian economy will decline and even if the (and especially if) the Ruble goes up in value that won't change the structural problems facing the Russian economy
0:45 The golden rule of all geopolitical videos: Insert obligatory Francis Fukuyama's The End of History reference
?
Fukuyama is an idiot who's been wrong time and time again, but I'll give him that he's a master at self-promotion.
PROPAGANDA.
@@MalekiRe was at 0:46
@@MalekiRe The reference means that Francis Fukayama thought that there would be no more major wars and world shaking event after the collapse of the soviet union. And after Crimea and the recent invasion of Ukraine it seems like he was wrong.
It really is something how China maintains strong geoeconomic bonds with many of its rivals/unfriendly/enemy states. I guess the same can be said about the US's trade relationship w/ China.
They don't care about your system of government, they just want you to buy their stuff and in return they'll invest money in your country. That's called win-win.
I guess the truth is these rivals/unfriendly/enemy relationships are delusion made by local politicians.
It just shows the difference in perception. In recent years, the West keeps hyping up the "China threat" narrative. No one in China ever imagined that the US could be a threat until Trump's trade war.
PROPAGANDA.
Sanctions against China?? With 90+ % of all products sold in North America coming from China?? Result will be World-wide recession 10X worse than the 1920's !!!
“There are three kinds of lies: Lies, Damned Lies, and Statistics” Author in a video on 3:33 points out that Russia imports a lot of stuff from Belarus, but most of that stuff was not produced in that country. Almost all the imported goods from Belarus originated in other countries. It is just a way to circumvent sanctions that were imposed on Russia after the annexation of Crimea in 2014. The same thing could be at least partially with import from other countries on the list.
China never ceased trade with Iran or Russia. China only abides by UN sanctions.
Trans shipping, but they hate trans people? Lol😅 🎉
Could US survive it's own imposed sanctions?
Ask biden .😂
PROPAGANDA.
It would be fine, US and western world were fine before china in the 70s, it's china who will collapse
Yes it could actually, and the world would do far worse without america than america without the rest of the world(mexico might be the main exception)
What is cringe is that UA-cam only recommends channels like this.... China is friends with Russia. You must be running out of content. Might as well make a video about if the moon was a person and started laughing
06:58 The Netherlands is listed as PRC's 8th largest export customer; but this is misleading. Much of that turnover is landed in Rotterdam, for final delivery to eastern Europe, to Germany's Ruhr industrial heartland, to Switzerland, to much of France, and beyond.
In EU it does not matter which country imports/exports from a legal perspective
@@ToriZealot I had simply pointed out that the stats for NL imports were misleading.
@@philipb2134 Yes, I agree
the whole video is based on completely faulty and outdated figures and it is nothing but a laughing stock for entertainment LOL
You seem to believe this is meant to be a serious video and not just feel-good propaganda for the lowest denom.
I always suspected Polymatter watches Peter Zeihan. This video is clearly a summary of his ideas for the past few months. No matter how good he is at presenting his ideas it's good to get opinions from other geopolitical figures and not only rely on him.
It certainly matches Zeihan's belief that China is somehow weak and incapable of dealing with the next crisis, contrary to its history.
nathan rich absolutely shat on zeihan lmao
Like blocking Strait of Malacca, and China would just surrender, that Peter Zeihan? 🤣🤣
@@easonhuang7117 I don’t know if he said that, but blocking the straights in South East Asia would absolutely screw over China. China needs Persian oil which passes through those straights. Take that away and there isn’t enough land infrastructure like pipelines and roads to meet China’s energy demands.
@@123string4 🤣🤣Spoiler alter: nobody has the power and gut to block China's energy supply by force. Not now, and definitely not in the future.
Biggest problem of this video is the title itself. A more accurate would be, "Could the world survive with sanctions against China?"
Doing that is akin of cutting your own limbs and asking the question, "can I survive by cutting all my limbs?"
You see, the country is the world's manufacturing hub. They hold the biggest debt from US. And most importantly, they have good and close relations with Asian countries apart from Japan.
Well said, the majority of Asia follow China over US because they are the lessor of two evils.
And apart from South Korea
@@willyang4487 And India
@@willyang4487 When push comes to shove China is doubled and more of what the USA do in trade for both Japan and South Korea. Not to mention both countries also know that the USA is using them as pawns and more importantly both of their citizens want the USA army bases out of their countries.
And Vietnam
I believe the US has been placing sanctions on China but they're doing it slowly so it doesn't cause an economic downturn globally.
However, rolling out the sanctions slowly would only give China the time to adapt to the new changes and develop alternatives.
If the US government place huge sanctions abruptly it would affect the world economy and make more countries keep their distance from US in terms of using the dollar and re-strategizing trade conditions.
Ultimately, hurting China would make ordinary Americans and poorer countries even hurt more...
I think the world is becoming more multi-polar
all countries that against US are so used to sanctions....china, russia, NK, iran, venezuela, cuba etc
who was that Russian philosopher that made that term mainstream?
It's already too late...the have opened their eyes to the danger of the US dollar. Now we have the BRICS alliance using commodity based currency. Their success will create an avalanche of countries abandoning the US in favour of their own commodities as currency.
Let me be frank, Europe and USA needs the entire world but the rest of the world doesn't. China silk rode and maritime string of pearls is a plan of interconnecting the world excluding Europe.
A multi-polar world without dollar is an inevitability. Because human are selfish and greedy...especially us Asian. We will never waste this lifetime opportunity of a good deal of financial freedom, wealth and dominance.
As a citizen, you have more parties to vote for, as a country, it should have more options to choose.
I think they're just encouraging decoupling to come back to north America.
Why refer to US and EU as “The world”. The world is bigger than that.
In terms of economics it's true.
@@zjeee 😂😂😂🤣🤣
@@zjeee Nope.
US, EU and China have economies of 21, 18, and 15tn $ respectively. Japan is 5tn. The rest of the world combined is 25tn, and it includes Canada, S.Korea, Taiwan, Australia... it easy to see why the remaining 150 countries matter so little.
@@apc9714 Who cares?
Now do something on.
"Can world survive sanctions on China"
Yes. It will take some time to adapt and be painful but absolutely, the world can survive sanctions on China.
PROPAGANDA.
It can, though the least affected would either be non flobalised economies or funny enough, the US
@@Cecilia-ky3uw I don't think so. It considered as World factory. Well if they did sanction China, then just like Russia demanded payments in Ruble. China does it to. Economic flow will be disrupt big time 10× than Russia's
China has the world largest domestic economy and is the largest trading nation in the world. there is also a silly notion in the West that "West = World", the G7 is simply not the dominate economy anymore. they can't force Africa and Asia to not trade with China which offer them a better deal than G7.
If the presumed condition for such sanctions is an invasion of Taiwan, doesn't that also negate the West's semiconductor advantage? The Taiwanese TSMC produces the chips designed by Apple, Nvidia, AMD, and Qualcomm. In the event of an invasion, TSMC would at the very least cease to function. Intel would be the only remaining western company capable of manufacturing a modern chip (even they are increasingly becoming reliant on TSMC). Such sanctions would also almost certainly be reciprocated with a Chinese embargo on rare Earth minerals, so the more probable scenario is a complete paralysis of the global semiconductor industry.
The rare earths thing is overblown. When the Chinese froze out the Japanese a few years ago, everyone that depends on rare earths took steps to protect themselves from such disruptions. Rare earths are used much less these days, and the companies that still use them now maintain sufficient stockpiles to get by long enough for new rare earth purifying facilities to get up and running. The rare earths threat has been completely nerfed. Not an issue anymore.
On semiconductors, the US and Korea both have facilities that produce 2020 level chips. In a year and a half or so, the US will have facilities producing 2022 level chips. So US tech will not be stalled for more than a couple of years. And since new chip architectures mostly come from the US and Japan while the precision machinery for making new chips comes from Europe, there will no long term slow down. Within four or five years, the world will be back on track, except that most of the new fabs will be in the US and Europe instead of in Taiwan.
@@yopyop3241 I believe your argument is overly optimistic. I already mentioned that Intel would still be active in the United States, but their production volume (along with Samsung's) isn't remotely close to meeting global demand. Covid brought the industry to its knees by itself through an uptick in demand and disruption of the supply chain (mild disruption compared to the Taiwan invasion scenario) . Even though the situation has stabilized, the industry still hasn't completely recovered two and a half years later.
To use a concrete example, the RTX3080 price went flying north of 2000 USD. I can't imagine a high-end GPU costing less than 10000 USD if such an invasion did happen.
Even though Intel is finally working on a (somewhat) competetive GPU, Nvidia and AMD are the only two heavyweight players in this field and are both entirely dependent on TSMC. Apple would probably be out of business, since most of their supply chain depends on China-proper and on TSMC for their CPUs. Quallcomm relies on both Samsung and TSMC, but is currently contracting TSMC for their next lineup, so Android phones would also be severely affected with the disruption of Snapdragon and Kirin (and again, PRC manufacturing and sales market).
A single fabrication plant costs between 10 to 20 billion USD and takes up to 5 years to build, assuming the know-how and experienced engineers are available. TSMC is responsible for 56% of contract fabrication. It would take *at least* a decade for the western semiconductor industry to recover in my opinion, if they can even figure out how to reestablish an economy of scale without China.
@@bashersully7667 I think we are talking past each other. We are discussing the microchip situation in the wake of a PRC invasion of Taiwan and the imposition of Russia-style sanctions on China.
My point isn't that there will be no effect on the global microchip market/situation. That's obviously absurd. No, my point is that the global microchip market/situation will have no effect on the world's ability to respond to the PRC's invasion of Taiwan.
In the wake of invasion and sanctions, I would expect microchips to be in short supply. Rationing is likely. It will be like the gasoline situation in the US and around the world during WW2. Shortages and rationing, but not to the extent that it had any detrimental impact on the US's war effort.
In contrast, the sanctions will gut China's ability to do much of anything. In the microchip arena, China's complete inability to access advanced chips will undoubtedly have an impact in some critical areas. But that's one of the lesser concerns for China. The biggest problem for China will undoubtedly be the lack of oil. The oil that China will be able to access won't even be sufficient to maintain domestic food distribution, much less maintain food distribution while also sustaining an amphibious attack on Taiwan.
@@yopyop3241 I don't dispute that China would be significantly paralyzed in the energy and food sectors, only disputing the video's assertion that the west would continue to have a semiconductor advantage. I get the feeling too many people think that going on with life would be as simple as setting up shop in India and returning to normal in 5 years. I think there will be an an entire generation of lost progress.
Luckily this is all a thought exercise, China unlike Russia isn't dumb enough to start a war anytime in the next 15 years.
@@bashersully7667 US-based Intel says that it is already poised to take the lead back from TSMC with production of 18 Angstrom chips forecast to come online by the end of 2024. We'll see if they can actually accomplish that, but in any case, that seems like proof that there isn't any risk of "an entire generation of lost progress."
sanctioning China is like sanctioning yourself
"China, Actually" is a great series, it's worth the Nebula sub on its own.
Nice shill. If only I had money!
*Cries in Balkan!*
I was just wondering if I should try Nebula. I love so many youtubers that are on it.
@@spaghettiisyummy.3623 jebiga...
@@baronvonjo1929 If you have some money left over to spend, then go for it!
You keep making the mistake that a bigger nanometer-number automatically means bigger chips and that's not true. It can be, but it's not a causal relationship. The coffeemaker chips you mentioned are usually ARM-based or other RISC architecture, aiming at providing the most specialized logic. Specializing it also means cutting out unnecessary logic, so you end up with a smaller die, which lowers cost per chip as you get more chips per wafer AND you get a better yield, as smaller chips are less likely to contain an error that would make them unusable. So, a 14-nanometer specialized CPU might be much smaller than a general compute 7-nanometer consumer CPU, for example.
This is why it's not correct to say "bigger chips" for chips that have been manufactured on older nodes. Yes, smaller nodes mean smaller transistors OR smaller transistor elements OR less unlogic space OR something related (it's not standardized what it means, by the way) BUT that also means that designers can now keep the chip's size the same while cramming more logic per area unit. So, chips might be getting smaller while keeping the same functionality as before OR they might be keeping their size but add functionality. Heck, they might even get bigger, like Cerebra's WSE. ALSO, if you're talking about chips, you should be able to make the distinction between CPUs and SoCs, for example, and types of chips and packaging.
Excellent, if more technical, for a comment on YT. Kudos Kyamil Nasuf
@@peterbellini6102 Thanks, hope it still clears up some stuff, at least, but yeah - I guess by trying to be thorough, I ended up complicating it a bit.
It's actually kind of embarrassing to show that I care about such a small detail, so even a small positive comment like yours actually ends up reducing some anxiety, which is kinda cool and I really thank you for that.
I'm drunk i had to read toy comment 4 or 5 times but finally i understand that was good keep doing it my man
wait you mean someone didnt know this? are they tarded?
@@Blox117 I didn't know this, but I can build a house from the ground up lol
4:58: Calling China Australia's "neighbor" is akin to calling water a "drink".
Just note that iron ore suppliers are not entirely interchangeable. Processes are optimised to the grade/composition of the ore usually supplied which may not be exchanged without potential negative consequences.
ok mr grade controller.
If the US sanctions China, the US economy will suffer multi-year recessions (because of non-accessible cheap exports and cheap labor market), tech stocks will crumble (due to chip exports being stopped), the hegemonic shift can occur in third countries (Right now, the biggest competitor for worldwide hegemony is china. Since both economies will collapse due to sanctions/ cold war mindset, countries that are neutral in the condition (i.e. countries who have good relationships with the east as well as west (for ex. Saudi, India, etc.) have chances to take benefit (by increasing there production and exporting like crazy) to become a worldwide economic powerhouse/ new hegemony.
just a perspective...
As an American...that works for me, if we gotta lose our top spot, i'd much rather a democracy like India take it than a Communist dictatorship like China.
good take jeet
10:14
"9 women can't make a baby in month, and money alone can't manifest an advanced semiconductor industry"
Gold.
How is that gold? Its like comparing apples with cats.
PROPAGANDA.
@@r3dpowel796 is everything propaganda?
@@shreyangshumodak8923 yes its all parts of USA psychological operation PSY-OPS.
@@r3dpowel796 you're a funny man😂
Me watching this video on 10/07/2023 shows how China has come in semiconductor manufacturing. Forget about the 10 years behind. They’ve already made 7nm chips years ahead of what was expected. China has already won that won of US dependency on US chips and ASML. Redo such video today and see how much China has maneuvered sinc this video was published. Amazing what they’ve done this year in every aspect
4:00 Its probably important to mention that India and China are very much regional rivals
PROPAGANDA.
Yet they trade a huge amount
@@J_X999 so does USA
Yes India is very hostile to China, which makes false claims to Indian territory adjacent to Occupied-Tibet, and India is part of the QUAD. Vietnam is hostile to China and even welcomed the USS Theodore Roosevelt in 2020 as part of its growing relations with the USA. China is scared by the sanctions on Russia - and thus making friendly overtures towards India recently in spite of its repeated aggression over the decades!!! See also the 'Why Taiwan is not Ukraine' video on this channel.
@@sutapasbhattacharya9471 Didn't know the slums of Mumbai had WiFi LMAO.
Be careful, someone might press the big red off button in the middle of your head 🐄🐄
0:28 only significant to Europe, just in terms of the war, Asia, Africa and South America have had far worse wars since WW2, especially American and Soviet proxy wars and coups
"What if the Earth lost 30 million m2 landmass all of a sudden?!" - the idea presented in this video is as farfetched and unrealistic.
Because? If you don't give a reason, your statement is as empty as your head.
I think people were just so appalled by what Russia did in invading Ukraine. Saw comments from Europeans who said they and their neighbors could well afford all the fuel they wanted post invasion, but turned their thermostats way down or switched to other heating methods, just from the sheer outrage at Russia.
I think the better question would be.. "can the global market survive a russia styled sanctions against china." unfortunately.
When you all put all the eggs on one basket be like
I dont think rare Earths are "rare" because they are scarce, I think they're rare because not many countries are willing to go through the environmental impact of extracting them. And china dgaf about their environment lol
EDIT: Looked into it, and all rare Earths are actually extremely common within the Earth's crust (except for promethium that has to be manufactured via nuclear fission) but southern china has deposits that are significantly more economical to harvest than other places in the world.
I wouldn't say they're extremely common. But as you say the trick is extracting and processing them economically. That's expensive.
they are kinda like gold, you can find them everywhere but cant mine them everywhere, theres a lot of requirements to mine rare earth, and the process requires lots of water and then renders that water un-useable, many countries are now producing rare earths but thats just one piece of the puzzle, next is to process them, you can dig our crude but if you cant refine it, its still useless, this processing stage requires technology and due to its head start ,china is still ahead, chile,argentina and even australia send thier mined rare earth to china for processing, so its not just about its abundance, theres a lot to it
PROPAGANDA.
Promethium? By the Emperor!
those are back in the days. China have patented new cleaner ways to process rare earth and thats why they hold the market share.
These videos are what China Uncensored WISHES they were.
About semiconductors, the taking of Taiwan would create a semiconductor crisis WORLDWIDE as the TSMC foundries would be seized by the PLA in the early days of the intervention.
Assuming the Taiwanese dont manage to destroy the factories before PLA can take them, an even worse scenario.
Crisis, yes, but not likely the foundries would survive the taking in operational condition. Why wouldn't they be sabotaged instead of letting the CCP gain control?
@@FarsightAE Semiconductor manufacturing process is EXTREMELY delicate, a single bomb on one of TSMC's manufacturing/EUV wings and the whole production is crippled.
@@lape2002 the Chinese are experts are analysing broken equipment and putting them back together
@@lape2002 why would they bomb TSMC? Use your brain man lol
Approx 09:28 "China buys one fourth of the wold's oil by value." I challenge this assertion. It is quite credible that PR China buys a quarter of internationally shipped petroleum and derivatives, but the US is a major consumer of these, as well as a huge producer of crude.
The businesses leaving Russia wasn't self-imposed. It would be very difficult to move money in or out of the country because of all the government restrictions
That’s why Russia is moving to a hybrid gold standard to prop up there currency. In the long run Europe will have to crawl back to Russia for there oil. When Russia does finish taking over most if not all Ukraine. On the bright side the war pigs in Washington will make a nice profit.
I waited nearly 3 minutes for the answer but it didn't happen so I'm going to the pub instead.
I would use the world "growth" instead of "Survive". Don't forget before the 70s China was completely closed off & decoupled from the rest of the world, and survived.
Survived? Yes. Thrived? No. And with current Chinese citizen's appetites, who's to say the downturn, coupled with the intermittent lockdowns, wouldn't cause major uprising in China.
the world was also less connected at the time
PROPAGANDA.
@@jonlocke1624 wouldn't that only backfiring everyone? The great chinese migration will happen again just like before.
survived in that there wasn't a coup, but millions of people starved to death.
"No one has benefitting more from the US guarding the shipping line than China"
I'm scratching my head upon this remarks, the US is in no business of guarding the shipping line for the benefits of China.
The US only care for their own interests, and they'll do it through whatever means incl blackmailing, stealing or pure robbing.
so USA guarding the shipping line from who？
pirate? China can guarding the shipping line themselves from pirate only have small ships
Countries along the way? These are all small countries. None of them is an opponent of the Chinese navy. Do these small countries dare to rob Chinese merchant ships?
The only possible blockade and robbery of Chinese merchant ships is the United States itself
You can see how much bias there is from that sentence alone. US isn't doing the world a favor -- it's threatening other nations by having the ability to perform blockade and sanctions if other countries don't do their bidding. Polymatter is a CIA bot channel now it seems.
@@sleepyjoe4529 I gotta agree with you on this.
To sum up your view, it is about stopping China at all cost from becoming a serious competitor to US pole position in the world.
Which is a really stupid view. We need cooperation, not more monopolar hegemony from a morally bankrupt US. China is just as bad, but it is better for the world to have two big powers instead of one. It gives us negotiating power.
the wyteys smells of their jealousy
Sanctioning China is a pure stupidity!
it is too late. china can not be stopped.
The "free world" can easily strong-arm Russia into submission and I think it will. We won't see anyone wishing Russia to collapse, though. It would be too great a risk for the stability in the whole area...remember they have about 6500 nuclear weapons.
We cannot risk these weapons falling into the hands of regional autonomy republics or local warlords.
However, if the same was done to China, the rest of the world would suffer and the economy would stagnate.
You are wrong on both points. First, it IS hard to strong arm Russia. That is what has led to this war. Second, collapsing Russia is EXACTLY the plan of our foreign policy elite. Google up the 2019 Rand report, _Extending and Unbalancing Russia_ . This was all planned (badly). Only the "little people" were surprised.
The domination of a "free" american world order is over
2:55 If you take into account GDP PPP then it is only 7 times. Wouldn't be bad using GDP PPP in the future as a metric.
That is a trash metric to compare strength of economies
@@da_revo5747 Thanks for your comment. How do you think it would be exactly trash?
@@AP-yx1mm for PPP they use a basket of goods that most people use so like, food, average housing, clothes, transportation, medical etc.
So using GDP PPP per capita is brilliant for comparing standard of living across countries even though the quality of these things might be different. But it does not take into account anything else, like cost of machines, inputs into companies, cost of access to tech products. So when you are comparing the whole economies of countries you want to count everything including how cheap good technology is in different countries and not just compare adjusting for a small basket of basic goods.
@@AP-yx1mm china produce everything sure them can buy them for way cheaper, you arent get same amount goods with same amount money with chinese people, if them want more gdp then just print more money to appear bigger with devalue their currency like USA is doing. the result you see here is the best the result of any measures already, because this is still a western media rather than chinese media. :)
Considering our nation's are still showering Russia with money (mostly energy) despite sanctions. it's easy to guess that sanctions against China will most likely be useless, corporations and lobbyist will also work tirelessly to prevent any sanctions or evade them.
Please note this: west countries ≠ the world. IF China been sanctioned like Russia, it will become another cold war situation, but unlike last time China was helping the US to against the USSR, this time China and Russia is on the same side.
Big truth. Even against Russia a lot of countries outside NATO braced against the western alliance. In a situation where the enemy is China, the US will get more support in Asia, but in South America and Africa a lot of nations will switch sides. Especially if we are talking 3-5 years in the future, or longer.
AND: every corporation in China has a chinese partner. They can continue without fail, if they get the resources, and those don't come from the west.
If a sanctions package is launched, then a recession to a lot of the economies caught in supply chains will occur.
Some political scientists have suggested that the world is destined to be more degobalized. Sanctions would hasten that reality. Whether that's good or bad really depends on where you live.
I think that the graphs shown around 3:00 would be much more informative if the EU countries where consolidated. All countries in the EU follow the same trade rules, so if the EU decides something it affects all EU countries directly.
You guys should do another one name “Can we survive if we sanction China” 🙄
They should name it "Why we were wrong in our last video" because they got A LOT wrong in this one.
Great video. However, I have a problem. The last couple uploads, I’ve tried to sign up for the curiosity stream and nebula bundle deal, but it never gives me access to nebula! It prompts me to purchase the subscription via curiosity stream (with the polymatter code for $15 a year) but then it just acts as a curiosity stream subscription, and NOWHERE does it prompt being able to use it to open or download nebula. When I go to nebula separately from the “watch this video on nebula” link, it prompts me to sign up or sign in. If I press sign up, it’d have me purchase a new basic subscription. If I press sign in and use my curiosity stream account info, it gives a box that says if you’re coming from curiosity stream than you can enter your email and set up a password. However, when I enter the address, no email ever gets sent to me no matter how many times I try. This option is only available through the link in the description. If I download the app or go to their base website, it just tries to get me to sign up full price. If I go to your content on nebula, it tries to get me to pay the deal again which I already paid for on curiosity stream. Does anyone know how to solve this issue? It’s happened multiple times and I just have to keep cancelling my subscription and deleting my accounts because I don’t want to pay for something twice!
I was just about to buy the standard one year Curiosity Stream package!
Please let me know if you're able to resolve the issue...one of the main draws, to me, is the Nebula bundle deal but if that doesn't work then :/
PROPAGANDA.
you aren't the only one with this issue
@@singularityraptor4022 I had the same issue when I got mine, you just have to email them.
Rare earths can be found just about anywhere. The issue is that it takes a lot of highly pollutioning processing to the ore into product. China's RE dominance is based on a discard for horrific pollution and selling below cost (via subsidies).
Agreed that this is the truth and not talked about enough. People present it as if they are sitting on the only supply.
That said, it is not a change we could make overnight and the cost would be higher.
Yes, other places have rare earths too, BUT it takes years to develop the new mines. Chinese rare earths can be replaced, but not "on a dime."
Yes there are no greenies in China to stop procress
@@michaels4255 but you can't replace China's policy that doesn't give a damn about their worker's rights. Try that in any democratic country, the workers would gladly to revolt. There's a reason why capitalists love so much to manufacturing in China.
Rare earths are abundant in the earths crust but mineable concentrations are more rare. China has 38% of the world’s reserves. Even though China’s mining of rare earths has dropped to 58%, the refining and processing of rare earths is 85% done in China.
4:02 I would put India in the unfriendly column as well. The US has become India's largest trading partner and China has slipped to No.2.
great! can you make "Can USA survive sanctions?" video?
The Carolina region of the US is said to have large deposits of rare earth minerals similar to China (some duke power study from way back when). The problem is that these rare minerals are usually clustered with other minerals and have to be separated, this process of separation is energy intensive and pretty environmentally hazardous due to the chemicals that have to be used.
The US has been letting china own this market because it would be scrutinized to the point it's unprofitable due to regulation (not a bad thing, but is a disadvantage). Given the environmental hazards and regulation, at that point, it was better to let china deplete their deposits and take the environmental hit while we hold ours for a rainy day (similar to large natural deposits in state parks).
We could probably do it here in the US, but it would come at a great cost to my home (I live in the region).
Yes rare earth is not actually rare it's just very costly on the local environment to refine and the Chinese state massively subsidize it to the point it would not be profitable to refine it outside China.
So the US is just delaying their environmental disaster. eventually they will mine their rare earth and will have to get the dirty process.
Great long term saving. I only hope your country will not stop selling it to India coz we are also helping US by sending lots of scientists and engineers there 👍
@@narzarybipul9305 Well that sounds dumb.
@@alphonsemaina8293 . Ture lol that guy is nuts.
China has genetic and national indentity advantage over USA.
USA is chaotic racially too.
Do a reverse video, could the west survive sanctioning China.
Yeah, because the people setting the terms of the sanctions would still be allowing trade of essentials. There's a reason they didn't sanction Russia's Oil and food exports, because they still need them. What could hurt the west would be counter sanctions.
A department store need customers more than customers need a department store.
* US Government tries to sanction China*
Wall Street: "This was all my fault, i was the one who wanted to relax on Sunday. Now if you'll be so kind as to leave so i can get ready for work tomorrow..."
White House: "But..."
Wall Street: "GET OUT!"
You would have to pull teeth out from them to get them to renounce their cash cow.
@@ethanwmonster9075 Just a few calls from the techies, bankers, and CEOs to the Congress (and Langley) and the POTUS will be signing it's resignation or facing impeachment within the next couple of hours. We all know who's really in charge in the US and what happens to the ones trying to get between them and their money.
PROPAGANDA.
The correct question would be would the world survive if China🇨🇳🇭🇰🇲🇴 were isolated by sanctions? the answer is no, because it would bring about an economic collapse as big as closing the US🇺🇲.
The world would survive. Manufacturing companies have steadily been leaving China since 2012 for the rising cost of production in the country. Since 2011 the price to manufacture has multiplied by 10. Not to mention all the rare earth metals China has have been dwindling over the past 3 decades they've been actively mining them so countries have started to go elsewhere to get the metals they need like more mining in the US, Canada, Australia, Brazil and several African countries. And since China doesn't make any high end semiconductors or other high tech items it wouldn't be a security threat if another country sanctioned them. Things would be tight for a while definitely but the world as a whole would be able to carry on.
The world would find others to manufacture PCBs (not hard), and make HDMI cables (not hard)
Chinese manufacturing is only marginally cheaper, and westerners are used to 10% y/y inflation already, whats another 10% increase in prices.
@@xavierwarchol2570 . The thing is it is highly unrealistic those supposed sanctions to be done on china.
@@changchadchanamdong2668 For the moment they definitely won't sanction China. If they invade Taiwan that's a different matter. There would probably be sanctions then but how severe they would be depends on how much that could effect the West. If the West continues the trend of pulling out of China like they have been for the past decade then for every year that passes there will be an increasingly smaller threat to the West's own economies because they already have alternatives in place.
Well, I appreciate and agree with the comments of both, but China🇨🇳 is not only the "Factory of the world🏭" China is also an economic center that has 3 of the 10 largest stock exchanges in the world, it is one of the nations with the most stocks within Nasdaq and NYSE, so I believe that no matter how much we can manufacture things out of China, the world would still suffer an economic crisis or rather "an economic catastrophe💵🔥" in long run, the truth is that everyone would feel that loss both in China and in the Western World🇺🇸🇪🇺.
At this point I just want to live bro...
Yeah...
If it was rise of nations: every Chinese region declares independence
03:38 The funniest part about this is both Vietnam and India have had very tense, unfriendly relations with China so it’s 9/10 lmao
Almost like being a dick to all your neighbors causes problems.
@Umbrella Studio Thousand years of history.
@Umbrella Studio And how do you know that exactly?
@Umbrella Studio Because I have a basic understanding of Vietnamese geopolitics.
They really, _really_ do not like China.
Vietnam doesnt have unfriendly relationship. Their popualr opinion doesnt refect pragmatic gov policy.
Of course China can survive sanctions. What do you think it did during the cold war if not survive sanctions. The right question to ask is can the USA, Canada, Australia, New Zealand and the European Union survive the sanctions they've imposed on themselves. Cutting off your own oil and gas supplies, refusing to pay for much needed raw materials you've contracted for, and stealing money of the country that provides those raw materials is not a good idea.
China will be dropped back to a society based on subsistence agriculture. Except that in the last several decades, China has consumed and polluted so much of its natural bounty that the carrying capacity of China is now about 40% less than its current population. So at least 40% of the Chinese alive today would have to be culled. And these things always overshoot by a lot, so you would probably talking closer to 2/3rds or even 3/4ths. The death rate would undoubtedly be highest in the cities, so the educated Chinese population would likely be all but entirely wiped out.
According to the video, the US would take a hit of about 2% of GDP. Not nothing, but not that bad. May not even have a recession. And that's a short term thing. It won't take too long to get alternate low-skilled workers in Vietnam or India or Mexico or wherever up and running to fill in for the Chinese in supply chains. In contrast, the Chinese deaths by famine and the resulting hit to Chinese GDP will obviously be permanent.
@@yopyop3241 lmaooooo lmaooooooooo they will die but we will be algssss braindead take
@@yopyop3241 What a great opportunity to get rid of those pesky old people making up half of our population. Praise the Great Leader and glory to the Republic!
Australia 🇦🇺 is very rich from land to the ocean look at the size of the Country and the population is very very small just over 25 millions 🙂👍
I think the most wise thing of CN economic policy is the domestic supply chain: when CN introduces a western company to assembly their products in CN a bunch of CN companies producing parts of it as a part of its supply chain will rise together which are hardly to move to another countries, e.g. nowadays iPhone are also assemblied in Vietnam and India, but the parts still come from CN, and they can also serve other companies like Tesla or domestic competitors
Peter Zeihan and Polymatter telling the same tale different ways.
China has rare earth minerals. Except they forget that 75% of all rare earths up to 1980 were mined in USA. Our mines are not dry, just more expensive than China's. That could easily change if China wants it to...
Yeah, rare earth it's not so rare but the processing is hard. Also China own the patents on rare earth processing.
But it's not about China, all its about the US.
It's the US greed that moved factories to China, the same with rare earth.
It's easier to blame others right? But who is really 1st cause to blame?
@@yogawan3805 It it ever came to the point of moving rare earth processing away from China, it would be a huge shitshow anyways and nobody would care about the patents they hold though
@@yogawan3805 your point?
why you think china can not manufacture product by rare earth, the fact is china has already has the technology to produce products by rare earth, now china can also make 28nm microchips by their own made machine
"When our thousands of Chinese students abroad return home, you will see how China will transform itself." - Deng Xiaoping
I've spoken to many Chinese students and they have all said they have no intention of returning to China.
@@CedarHunt well i have spoken to many more and they all say they would love to go back
@@tomyang638 I don't believe you. 😂
@@tomyang638 yh that's a lie
@@CedarHunt Bull. Why stay in country that's has tons of crime, and infrastructure that's falling apart, and unaffordable housing? China is far from perfect, but young people have more opportunity there by far.
I think Boeing would have a bigger problem if China stops buying their planes, as China single handedly accounted 20% of Boeing's sales. Even for the engines, China has already started testing their indigenously developed and produced CJ-1000A high bypass turbofan engines, so sanctioning China would only delay the launch of the plane, but the US will eventually be lifting the rock to smash their own foot.
What is cringe is that UA-cam only recommends channels like this.... China is friends with Russia. You must be running out of content. Might as well make a video about if the moon was a person and started laughing
As the video’s narrator said , no one abroad is buying Chinese planes . That tells you something about their quality . When a country like China needs to reliably transport many millions of people by air every year , they have no choice but to use reliable & durable options , ie Boeing & airbus
@@bigmedge The C919 is the new kid on the block, and it will take time for it to build confidence from overseas buyers, plus it’s still going through the international certification process. But as of today, there are 815 orders for the C919 vs 280 orders for the Boeing 737 MAX. That says a lot about the safety track record of Boeing in the last 10 years.
@@et683 1st of all, you pulled the # about the orders for the Chinese airliner out of your ass - when it comes to spending that kind of $ , & when the product must have bulletproof reliability as a commercial jet must , almost nobody is gonna buy a product that was built with Chinese quality control standards . The fact that the vast majority of China’s J20 fighters are not air worthy is the best example of how much of a failure China’s aviation industry is . Also , a 5 second search will show you that in the year before the CCP virus decimated air travel (2018) , Boeing delivered 806 jets . That’s higher demand than the Chinese airliner can dream of , for obvious reasons . Good job proving that you have no clue about the subject
And I just checked out C919’s Wikipedia page . “Produced = 2011 - present . Number built = at least 7” 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
Do you know the US and EU had sanctions against China in space technologies, now guess which country has its own space station. If you do business with China, China will be careful with IP protect and reverse engineering, but if you sanction China, China could just ignore the IP protection and make a lot things much easier.
Simple answer to this questions is: The US trade deficiet is way to large for the US to heavily sanction China. China could respond with a trade embargo that would devisate not only the US economy but also do devastating damage to the US infrastructure.
So China exports rare metals then imports the chips made with the metals and then exports products made with those chips?
Using machines from Germany, ships from Korea and powering the whole thing with Arabian oil. Welcome to globalization :)
Supply chains for a single pair of jeans are a nightmare
“Think of trade like a city's road network. You can block off one street，but traffic will find a new route.”
Quote your words in response 😅
7:54 "No country has benefitted more from the U.S. Navy's guarding of the world's shipping lanes than China." Is this a thing we do? Is that why the defense budget is a sideways 8? Why would we not talk about that?
This whole topic goes back to after WW2 and Breton woods agreements. Peter zeihans has this same view that poly matter does. US really didn't like the Soviets so they created an alliance. So the US bribed everyone, we give you access to the world seas and you let us decide your security policy with the soviets. The US Navy ensures the sea lanes are safe, and let every country have the ability to buy the assets they need. Before "free trade" you needed a military to ensure access to those resources. The same thing happened with China under the Nixon administration. The US spends so much on military to keep the system running.
China's navy can't guarantee oil imports or sea lanes exports. China would be at the mercy from any country along the way from Saudi Arabia to China(Malaysia, Singapore, Iran, India, Japan, etc).
6:43 - Why is Integrated Circuits blurred out? 🤔
EDIT; Ah, nvm I see now this is a 2020 chart and I read now in a TIME's article:
"In 2020, the US began restricting sales of American technology to companies like Semiconductor Manufacturing International Corp. and Hangzhou Hikvision Digital Technology Co., successfully containing their growth - but also fueling a boom in Chinese chip-making and supply." So I take it Integrated Circuits is different today in 2022.
The article was titled: U.S. Sanctions Have Helped China Supercharge Its Chipmaking Industry
Same thing might start to happen in Russia now as well -> ua-cam.com/video/kSU3iDBTB_A/v-deo.html
Well, this video is wrong about the chip industry in China. China is totally self-sufficient in manufacturing the chips for military uses (think about their space station, satellite network, supercarrier, stealth airplanes and etc.) and low to medium-end chips for civilian uses. What China cannot manufacture now is the high-end chips used on personal computers and smart phones, where China is about 10 years behind the state-of-the-art. As a matter of fact, those high-end chips are already over powerful, which is simply the result of commercial competition. Those chips do not have much use in war time.
I mean sure, if the US got plenty of countries to go along with sanctions, yeah they could do some damage...
But, not, without destroying some major European nations, but they would back out before then, so I guess no
PolyMatter: „Some American Companies“ while showing Adidas
Me: Cries in German
Funny how "effectively isolated [from the world]" only accounts for the United States, Canada, Australia & Western Europe.
This is because most of the world's economies are focused in those regions. It is not a hard topic to grasp.
@@bingwen469 That's false.
@@bingwen469 That's false.
USA, Canada, Australia and EU are together more than 40% of global GDP. And there are more countries who sanction Russia, for example Switzerland and Japan. Just USA and EU were the destination of 45% of Russian export before the war. That is a lot.
@@samuela-aegisdottir And yet, Russia's profiting more now than prior. What the West doesn't buy, Eurasia, Africa & South America will.
The question is, Is the U.S and West can?? China is so powerful that it can respond thesame level of sanction the west can levy. dont be stupid.
CORRECTED intro: Post WWII IR theory says “democracies” tend not to go to war with each other because of interconnected economies, not “capitalist” counties. So thoery is still correct. Otherwise, great vid as usual.
Most Western countries aren't democracies. For example the United States is a two-party state.
You're correct more interconnected world is less there will be war you can find this after world war when globalisation increased. Russia did because of putin paranoia otherwise they know what impact it will have. I think this war has taught china to be even more cautious
If democracy doesn't go to war then why USA had overthrown so many democraticly elected leaders of latin america and Africa and Instead installed their own puppet over there.
@@dirremoire I am pretty sure that you use a definition of democracy that makes it impossible for any country to qualify as a democracy. IF you say there are no democracies in the west then that's the same as saying there are no democracies in the world.
@@zjeee West=/=world.
4:00 they might be dependent on exporting manufactured goods, but they'll be feed themselves, get fuel from Russia and build anything they need on their own! Practically self sufficient
Could the world survive the sanctions against China?
I once heard a minister of foreign affairs say that economic interdependence is actually a great tool for preventing military conflict and maintaining peace. Everyone loses out if war breaks out. It disincentives everyone from engaging in war.
that is not true. This is based on the notion that the world will have the same mentality as NATO countries. but that vote in the UN against Russia
showed you. OTHERS HAVE THEIR OWN PLAN OF ACTION.
even in Africa, its : MAGA Make Africa Great Again
🤦i know its a strange concept to wrap your mind around but other lands dont want to SCORE against themselves; so you can win.
There will be a time when nobody picks up the phone when NATO calls.
the west cant testify to this: A COLD WAR is worst than a hot one.
3rd world countries dont meant economic poverty, It simply means countries that are neutral regarding the fight between 1st and 2nd.
🔥👍 the reason all 3rd world countries look the same ; is the retaliation of 1st world countries towards them. ICING them out of technology and even automobiles.
This is why you dont see Ford or GM in Africa = you only see Toyotas, Izuzus, KIAs 😆 just asian car makers. But in Australia it looks like Arkansas or Florida even down to the bagel/pizza franchise is there. even the street signs are the same 'green' color = BECAUSE THAT IS WHAT true trade looks like.
the minister of foreign affairs told you that to spear you the cold truth; revenge is a dish that is best served cold.
The USA wont take the bait for the hot war or the cold one. They would rather focus on internal matters ...even if they have to self sabotage (like making abortion illegal) or ok guns laws for all. 💅🏾
That would be true if war was avoidable, but it is not, no counry in this earth fought none wars, its is human nature
China has been protecting Asia from US aggression. The real question is, can USA survive is alll Asian countries united to boycott US goods.
So US ALLYS in asia are gonna turn against us?
Not true, Asian countries in general are far more favorable to the US than they are to China. You really think countries like Japan, Korea, Vietnam, India etc is going to side with China over the US? I mean yeah sure North Korea will surely pick China over the US but that's about it. China doesn't have many friends in Asia.
Even Russia can survive in war and santions.
How would anyone thought China can't?
Because of how much food China HAS to import among other things.
@@JeRefuseDeBienPrononcerBaleine China doesn't import most of that food from the west, and has the largest reserves in the world. Food is the last thing they'll be missing if sanctions were imposed. Also food sanctions are highly controversial, even Russia isn't under them.
@@ArawnOfAnnwn Russia is a net exporter of food while China is a net importer. That's why they'll have a much harder time with sanctions as you need foreign money to buy foreign food.
@@JeRefuseDeBienPrononcerBaleine Not a modern economy would implement food sanctions, which would bring about a massive humanitarian disaster. If the purpose of sanctions is to punish the Chinese government for humanitarian purposes, then what have the Chinese citizens done wrong to make them suffer the consequences of their government? This is clearly the opposite of what the sanctions were intended to do， and the food-exporting countries would be the ones to blame for causing more deaths.
@@xianweilei2646 They don't have to impose food sanctions. If they sanctions their economy they will have a much harder time to import food.
Excellent and informative graphics!
Double edge sword, surviving is 100% , there was a harder sanctions. Every countries survived , Iran, North Korea , Venezuela ,Russia their regime remains.
But the Soviet Union collapsed. And many communist regimes in the Eastern Block did as well.
@@samuela-aegisdottir that wasn't due to sanctions alone.
@@samuela-aegisdottir Soviet Union collapsed from inside actually.
decoupling, are you guys sure that Chinese couldn't catch up the west in technology ? have you seen J-20 and the new carrier ?
Yeah man. Like the US literally have to destroy Huawei because they inventing new product like 5G, getting bigger and more influential. A Chinese company DJI is also the leading drone tech company with very less competitors. China also leading the world with quantum computing. This is just the few example
I've seen them, the carriers unfinished so I am not passing judgement. J-20 copied alot so I don't see your point. Endlessly copying with no innovation leads to stagnation. Kinda like their aviation industry.
@@returnnull3476 ye,its all copy ! the world is created by US. Huawei 5G, DJI drone , Tiktok, hypersonic missile, are they also copied ?
@@s001w7 yup.
Based on your assessment of semiconductor engineers shortage, clearly you are unqualified to talk about China technology competitiveness. Vast majority of semiconductor are not below 14nm. China can make chips as small as 7nm. There are more secure than you think.
China can make their own microwaves and TVS yes, anything more advanced needed for high tech military equipment and 5G is a no go though. They can make the same chips that were invented 20 years ago though that is true.
@@zjeee 7nm was first concocted by TSMC in 2018 without EUV. SMIC can now do the same in 2022. Your mind is stucked 20 years ago. Military are more old tech than you think. ICBM was old tech like pre-2000s.
Australia jokingly as a China's satelite state?
USA: Do you think of me as a joke?
4:05 This chart is actually a bit generous since both Vietnam and India are lukewarm at best and both have had talks of countering China.
A good question is can America survive sanctions from China and the quick answer would be no. The us only accounts for 19% of the GDP of China and they have already weathered that through the pandemic but imagine waking up one day and 95% of the products that you get in your country do not come anymore. If China asked America to pay them back which they can't and then they impose sanctions against America that would definitely call the end for us out here
I am just wondering who actually paying for this program 📺
Yeah true. Transparency is always welcome.
From the reality prospective, russian currency bounced back to its pre war condition in months, if they can bounce back in months, china would do that in weeks.
And what about the impact in US, that would be the biggest catastrophe of this.
Ukraine gets so much attention, rightfully so. But no true critic of capitalism believed an intertwined market stopped wars. They made them more costly sure, but as long as capitalism exist, war will be profitable and morality left as an afterthought.
Ukraine was a money laundering Mecca for western political elites. Russia attacked the nato hornets nest
War is not profitable. War is the most financially irresponsible endeavour a state can undertake. For every Lockheed Martin or Rheinmetal war hawk lobbyist there are ten other dovish lobbyists from the commercial economy begging officials to go easy on Russia (in this case) or China
@@pabloramirez158 It's a death sentence for the little guy. But the elites don't care about the little guy, cause they don't pay them off. It's the Imperialist contractors, the mfs that lobbied for war in Iraq for example where not the small War Dogs with an ammo business. But the oil barons, the military manufacturers, they control, trade and sell our lives for pennies on the dollar
@@AnotherConscript This isn't just about the little guy. Back I February, it was the big German Companies that were asking Berlin to go soft on Russia if they ultimately invaded Ukraine. For every war profiteer out there there's just as many, if not more people even within the elite that pay the price for war
@@pabloramirez158 Germany and the EU as a whole is ultimately more affected by the war than let's say the UK or US. That's why there rethoric has been different. That doesn't take away from the fact that they replaced there Afghanistan budget and repurposed it too Ukraine.
@4:58 Australia and China are 3000 miles apart. Calling them neighbours would be like calling Spain and America neighbours.
To summarize: our sanctions against Cuba, Iran, North Korea, and Russia have failed just as badly as China's sanctions against Australia. I love equality.
In reality, it is absolutely senseless to sanction any countries. Trum is the sanction king and Beeden is of the same shed!