You're a bit thick, ain't ya? That's the freakin' title of the article!What does that mean?
Yes that's why we must do everything we can to stop the decline and make America great again. USA made China rich. Now it's time for USA to make USA rich, again. Biden restricting the sale of parts of semiconductors to China is a good start. Glad we are on the same page. I don't know why you have to create a thread with such flaming title like "China's semiconductor industry is decapitated".
Only Americans label people as Asian or Latino or African American or White. These label in fact mean nothing to the rest of the world.
America became very wealthy when China opened up, because anyone who knew how was getting their products manufactured there at a fraction of what it cost to manufacture in the US.
That's not going to change unless... This so called inflation is simply a way for corporations who manufacture in China to start padding their margins, so that if they have to move to a more costly manufacturing country (no, not the US) they have more flexibility to do so.