Download
BizBeat Ep. 453: Pelosi coerced TSMC not to have dealings with chip industry of the Chinese mainland
Updated 16:10, 07-Aug-2022
CGTN

Translating...

Content is automatically generated by Microsoft Azure Translator Text API. CGTN is not responsible for any of the translations.

Error loading player: No playable sources found
03:14

During her visit to China's Taiwan region, the U.S. House of Representatives Speaker Nancy Pelosi spoke to the chairman of TSMC, the world's largest chip manufacturer, about the U.S. CHIPS act. The new legislation forbids TSMC from upgrading its existing facilities on the Chinese mainland, denying the company's opportunities in the world's largest semiconductor market. Such actions by the U.S. violate basic market rules, distort the global semiconductor supply chain, and damage the global economy. In this episode of BizBeat, CGTN's Lily Lyu explains why the U.S. is hurting the stability of the semiconductor industry.

MORE FROM CGTN
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

ShowBiz

12:04, 18-Mar-2025

Elevating consumption: China's path to continued growth
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

Economy

12:03, 18-Mar-2025

China is rising to a global leader in health research
{"type":2,"value":"Marie Soulière","commentator":[],"valueShow":true,"commentatorShow":false}

Biz Analysis

11:12, 18-Mar-2025

China's people-centered policies drive economic growth and well-being
{"type":2,"value":"Xie Huihua","commentator":[],"valueShow":true,"commentatorShow":false}

Economy

10:18, 18-Mar-2025

TOP NEWS
Xi Jinping inspects Guizhou, stresses high-quality development
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

China

10:55, 18-Mar-2025

New policy measures unveiled to encourage consumption
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

China

09:42, 18-Mar-2025

Israeli strikes kill hundreds in Gaza, threatening collapse of truce
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

Europe

11:20, 18-Mar-2025

Search Trends