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US export controls produced China's chip breakthroughs rather than preventing them: while China could comfortably import American chips, its own industry stalled for twenty years.

Drawn from what Keyu Jin said

SubjectsChinaAmerica
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What Keyu Jin actually said

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  1. Keyu Jin

    Economist specialising in China's economy

    And remember that DeepSeek happened in times of crisis, urgency, not in times of comfort. A lot of these technological breakthroughs and leapfrogging happens in times of crisis. This is called crisis innovation. And you got to thank the US for that. When the Chinese were comfortably importing chips from the US, the whole industry stalled for 20 years.

    Where this was said

    Watch from 1:03:50 plays here

    ↗Keyu Jin: China's Economy, Tariffs, Trade, Trump, Communism & Capitalism | Lex Fridman Podcast #477youtube.com

    video · 1h 49m · spoken · official transcript

    All 16 korrents from this recordingthis one is 10th

Added to korrents 13 Aug 2025 · How quotes work · Something wrong? Tell us

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