Western globalization Video
The Problem with Globalization western globalizationPrint Commentary In western globalization past year, various potential risks of economic globalization have gradually surfaced. Economic globalization has always been viewed as western globalization inevitable trend. However, few multinational companies and economic experts have thought carefully about the prerequisite to the various benefits of economic globalization—world peace. When something as serious as the U. In addition, the benefits of economic globalization can only be realized as long as no major incidents occur on a global scale; otherwise, economic globalization will plunge into chaos.
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This is an important western globalization that many multinational companies and economic experts ignored. From the s until the beginning of last year, Asia, Europe, North America, and South America generally enjoyed a peaceful environment, and there were no major incidents.
Consequently, many people in business circles almost forgot the potential risks associated with economic globalization. However, inthe Chinese regime launched three military operations to intimidate the United States: It sent a naval fleet to a U. These military provocations ignited gloablization U. President Joe Biden refuses to admit that the Chinese regime is western globalization a strategic enemy of the United States, the reality of the U.
The Chinese regime has continued to flex its military muscle. The risk of war between the United States and China is certainly real. The U. The CCP has always harbored the ambition to be a superpower and kept these final goals in mind: disrupting international law and order, being a threat to the United States, and dominating the world. After years of military expansion and war preparations, the new cold war was finally triggered as planned. The media and experts from around the world failed western globalization see the inevitability of the U.
In such an international atmosphere, economic globalization was hit by a series of unexpected events that started last year, and multinational vlobalization were totally unprepared. These events—such as the partial paralysis of the global economy due to the pandemic, the chaos of the global container shortage, the global chip crisis, and the recent grounding of a container ship in the Suez Canal that blocked the Asia—Europe transportation artery—highlight the embarrassing situation in economic globalization: passive responses to unexpected events.
The idea of the butterfly effect is used in Chaos theory. It was Edward Lorenz, an American meteorologist, westdrn identified this effect. To process countless grains of sand into chips, more than 2, western globalization procedures are needed. No country can complete all these steps on its own.
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According to the latest analysis by the American Semiconductor Industry Association, in terms of intellectual property rights and software for designing western globalization chips, the United States is the world leader. The special gases needed for manufacturing chips come from Globlaization, some necessary chemicals are produced in Japan, and the most advanced chip manufacturers are all located in Western globalization, with 92 percent in Taiwan. In the past year, a series of unrelated major incidents occurred in the chip industry.
Each event was either a regional incident, a decision-making error, or chaos caused by hasty responses. But, added together, they created a domino effect in the manufacturing chain, leading to the crisis of a global shortage.
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First, after western globalization COVID pandemic broke out last spring, automakers in various countries significantly reduced production and thus canceled a large number of orders for automotive chips to save costs. Then, after the CCP started the U. These companies rushed to buy a large number of chips before the sanctions took effect, which exhausted the production capacity of chipmakers.
When the automakers western globalization production, chip companies were briefly unable to meet demand. At the end of last year, the industry also was seeing a massive shortage of Ajinomoto build-up film ABFa small yet critical substrate used by chip companies. Ajinomoto is actually a food and seasoning company, and ABF is produced as a byproduct during the making of the food additive MSG monosodium glutamate. It was said that Chinese restaurants in various countries had reduced their MSG orders due to reduced business caused by the pandemic, which led to a reduction in ABF production and eventually affected chip producers around the world.
On Feb. Then on Feb. Additionally, on March 19, a fire at a Renesas Electronics factory halted production. Among those events, only one was related to a business decision—the reduction of orders by various automakers. One event was the result of a government decision.]
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