What did we think would happen? United States tries to restrict sales of semiconductor chips to China. One result is Chinese production of semiconductor chips goes up, and less are imported from abroad.
Article from last year
China’s Share of Global Chip Sales Now Surpasses Taiwan’s, Closing in on Europe’s and Japan’s
Jan 10, 2022
https://www.semiconductors.org/chinas-share-of-global-chip-sales-now-surpasses-taiwan-closing-in-on-europe-and-japan/