For China, Chips Are the New Oil

For China, Chips Are the New Oil

Assessment

Interactive Video

Business

University

Hard

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The video discusses the significant consumer demand in China, highlighting the country's efforts to localize investments and reduce reliance on imports. It covers the impact of major chip-related takeovers, with China accounting for a large portion of global demand. The video contrasts this with a decline in overseas energy assets, partly due to a corruption probe. It also explores the global reactions, particularly from the US, Taiwan, and Korea, to China's aggressive market strategies.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Which countries are likely to be most affected by China's actions in the chip market?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges do small companies in Taiwan face against newly merged Chinese firms?

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