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Old 05-21-2018, 09:48 AM  
pimpmaster9000
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Join Date: Dec 2011
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Originally Posted by dyna mo View Post
I fully understand that a little girl doesn't get that SK won't harm themselves by not importing the necessities it does simply because they're not making as much money off semiconductors. I also understand that little girls don't know that China already started knocking off SK semiconductors with plans to take over the market beginning back in 2014.

"Korea was the United States' 7th largest goods export market in 2016.

U.S. goods exports to Korea in 2016 were $42.3 billion, down 2.7% ($1.2 billion) from 2015. U.S. exports to Korea are down 2.8% from 2011 (pre-FTA). U.S. exports to Korea account for 2.9% of overall U.S. exports in 2016.

The top export categories (2-digit HS) in 2016 were: machinery ($6.1 billion), electrical machinery ($5.3 billion), aircraft ($5.2 billion), optical and medical instruments ($2.9 billion), and vehicles ($2.2 billion).

U.S. total exports of agricultural products to Korea totaled $6.2 billion in 2016, our 5th largest agricultural export market. Leading domestic export categories include: beef & beef products ($1.1 billion), corn ($865 million), fresh fruit ($389 million), prepared food ($370 million), and pork & pork products ($365 million)."
https://ustr.gov/countries-regions/j...rea-apec/korea


"In March, Premier Li Keqiang named semiconductors as the top priority of the 10 industries China wants to foster in its "Made in China 2025" initiative. But China's ambitions were already clear in 2014 when it launched the National Integrated Circuit Industry Investment Fund -- better known as the Big Fund -- in 2014 with 138 billion yuan ($21.9 billion) in seed capital, which it hoped would turbocharge investment from local governments and the private sector. The Big Fund is in its second phase of fundraising for at least 150 billion yuan. Credit Suisse estimates China's total investment to be around $140 billion.

China wants to end its reliance on foreign technology -- its annual imports of $260 billion worth of semiconductor-related products have recently risen above its spending on oil. It also wants to move its manufacturing sector to higher-value products."

https://asia.nikkei.com/Spotlight/Co...Intel-and-TSMC
forcing china to buy from you, and not from your other trade partners, does not improve your situation any, because your trade partners will ultimately have less money...you can pretend to not understand this all you want, everybody else understands this perfectly...

try and get somebody to explain it to you?
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