Absolutely and I'm shocked how unaware people are about this issue. This was massive news. China went from self sufficiency on chips of about 10% after decades to over 33% self sufficiency in just a few years after Trump's trade war of 2017/2018 (which Biden did not back down from and Trump only ramped up in his second term)

And its not just chips. It was seen as a total affront of china moving up the tech value chain. They ramped up EVs, clean energy, industrial software, robotics, etc. The Chinese economy of 2017 is radically different from the Chinese economy economy today.

agree. what people dont understand is that the blacklisting is what created motivation for investing capital, manpower and years of time into these companies, or initiatives inside existing companies. most of this would have never gotten off the ground without the incentive they created.