China’s chip imports fell 15.4% YoY to $349.4B in 2023, the sharpest fall on record and down for a second straight year; shipment volume also declined by 10.8% (Bloomberg)

Bloomberg:
China's chip imports fell 15.4% YoY to $349.4B in 2023, the sharpest fall on record and down for a second straight year; shipment volume also declined by 10.8%  —  - Tepid demand also prolonging global chip industry doldrums  — Washington is restricting Chinese firms' access to AI chips