China in Big Trouble after Chips Bill amid TSMC warning and India's Decision to block Cheap Mobiles
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India US and Taiwan retaliated china from 3 sides. In US chips bill is approved which will stop chinese chips import. In india cheap chinese phones worth less than $150 could experience import restriction and any single forceful aquisition of TSMC taiwan may result in complete economic disaster of Chinese exports. China is heavily dependent on Taiwan for chips which results in manufacturing of all broadcasting and telecom instruments forming backbone of chinese exports.
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