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Chinese Cash Is Suddenly Toxic in Silicon Valley, Following U.S. Pressure

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Re: Chinese Cash Is Suddenly Toxic in Silicon Valley, Following U.S. Pressure

#201

Post by mark_l_watson »

ETHisso2017 wrote: post #161

It's interesting: Chinese cash is welcome in real estate and the US treasury market. What is it about startups that makes the government concerned?

I think I know why: in the USA we require growth in housing and the stock market to keep things together, to keep the system running.

Our government is worried about competition in tech, not investment in our equity markets. One is viewed as harmful, the other we depend on.

I am disappointed by this entire affair. I like to see each country have its own culture and uniqueness, but I would like the world economic and tech engines to function well for everyone. Even playing field.

Re: Chinese Cash Is Suddenly Toxic in Silicon Valley, Following U.S. Pressure

#202

Post by umeshunni »

entropea wrote: post #104

Could somebody explain to me the vicious American hate for China from a totally uninformed viewpoint? Any links to read why I should also dislike China?

You're being downvoted heavily (not surprising for a site with a strong US/Western audience), but here's what I think:

China is emerging geopolitical rival (balance) to the US (and the West in general).

Mainstream US media is great at amplifying US govt propaganda and publishing hit pieces on US rivals (see media portrayals of Soviet Union during the Cold war as an example: https://www.e-ir.info/2013/10/26/the-role-of-the-media-durin... ) or of Japan during the 80s (see https://spice.fsi.stanford.edu/docs/japan_in_the_us_press_bi...).

The same is happening against China now and there is an effort to shame anyone with contacts with China.

Re: Chinese Cash Is Suddenly Toxic in Silicon Valley, Following U.S. Pressure

#203

Post by fjp »

majia wrote: post #124
maerF0x0 wrote: post #96

Anecdata time: In 2012 Canada allowed the sale of Nexen (an oil company) to CNOOC. CNOOC management promised they would keep the staff in Canada, the management local etc. Fast forward 7 years later and it's a ghost town, they cite "business need" but somehow all the jobs have moved abroad and the only thing remaining in Alberta is a resource pump sending all the value abroad. This comment is not intended to be about…

7 years is really a long time and there is likely to be some real needs to adjust business operation. If the deal doesn’t specify a duration to keep jobs in canada, you can’t reasonably expect it to be forever. CCP has done horrible things, but it isn’t really a CCP specific behavior; any greedy capitalist would have done the same.

Yeah this is basically what every American company does after extorting some town or state for preferential tax breaks

Re: Chinese Cash Is Suddenly Toxic in Silicon Valley, Following U.S. Pressure

#204

Post by muricula »

Theodores wrote: post #122
julienfr112 wrote: post #95

Don't they use the dollars they receive to finance the negative US balance of trade ? Is the dollar toxic ?

When you have a global currency that all other currencies are measured in and all oil is bought in, what happens to a country that has economic surpluses? They have to buy dollars. What happens if countries want to buy dollars? The U.S. government (well, the Fed) has to print them. If you look at the balance of trade and look at the dollar as a printed thing, the US is very good at getting the rest of the world to bu…

"The dollars printed to go overseas to buy oil and other stuff don't come back to cause inflation." I think this part is wrong. When overseas oil companies get the dollars they are going to spend them, otherwise they wouldn't sell in the first place. If the economy worked the way you suggest I think we would see inflation from those dollars sent overseas for oil etc.

Re: Chinese Cash Is Suddenly Toxic in Silicon Valley, Following U.S. Pressure

#205

Post by irrational »

KorematsuFred wrote: post #170
luckylion wrote: post #166

Earlier quoted context omitted.

> Saudi Arabia would exist with or without American support At the same level? I have my doubts. If they weren't a close ally of the US, terrorist financing/leading stings would be going much further. Would they be able to do their thing in Yemen without US support? Or would they be a pariah on the world stage because of their acts, which are hard to tell apart from those of ISIS/ISIL? Not that I'm a big fan of the I…

Totally second that. Saudi arabia has been pumping money in India to radicalize muslims with active encouragement from USA. Attempts to stop this fund has always invoked American ire. India's strategic efforts to buy Oil from Iran instead of Barbaria have been hurt by United States. Without american help Saudi Barbaria would be a wasteland. America not just tolerate Barbaria but every actively helps them on internati…

Why do you keep writing Barbaria instead of Arabia? At first I thought it was a typo, but you keep using it. Is that how Arabia is spelled in your native language?

Re: Chinese Cash Is Suddenly Toxic in Silicon Valley, Following U.S. Pressure

#206

Post by sremani »

KorematsuFred wrote: post #170
luckylion wrote: post #166

Earlier quoted context omitted.

> Saudi Arabia would exist with or without American support At the same level? I have my doubts. If they weren't a close ally of the US, terrorist financing/leading stings would be going much further. Would they be able to do their thing in Yemen without US support? Or would they be a pariah on the world stage because of their acts, which are hard to tell apart from those of ISIS/ISIL? Not that I'm a big fan of the I…

Totally second that. Saudi arabia has been pumping money in India to radicalize muslims with active encouragement from USA. Attempts to stop this fund has always invoked American ire. India's strategic efforts to buy Oil from Iran instead of Barbaria have been hurt by United States. Without american help Saudi Barbaria would be a wasteland. America not just tolerate Barbaria but every actively helps them on internati…

Radicalization financing is nothing new from KSA and is not confined to madrassas of India. South East Asia, Europe and Americas have seen their fair share of this.

As far Iran sanctions and oil imports of India is concerned that is largely collateral damage.

USA and India have complicated relationship, at the surface level they should be allies but at the second level India's in-cohesive politics and financial reforms have added up such a way, US does not see a reliable partner in India and India's interests do not overlap with US given its neighborhood.

There are other parties to blame outside of Americans for the religiously charged climate in India.

Re: Chinese Cash Is Suddenly Toxic in Silicon Valley, Following U.S. Pressure

#207

Post by vkou »

unbroken wrote: post #140
entropea wrote: post #123

Earlier quoted context omitted.

Why though? You could just make a bunch of whataboutism's that prove the USA has the very same horrors that China does in its own economy. Why the double standard? As someone pointed out above, this seems like xenophobia and not much else. They don't pose a war threat and any war would be initiated by USA.

No, there are no current day U.S. equivalents to the Uyghur reeducation camps, the ethnic cleansing of Tibet, and the extreme censorship. What's more, there is no evidence that China is even capable of changing course on these matters, given that their reaction to all these is to deny that they're even real, even suppressing the merest mention of them. Notably, this is not what the US does with its own wrongdoing, as…

Starting the Iraq War, starting the (Still on-going, in case anyone forgot) Libyan Civil War, fanning the flames of the Syrian Civil War are all crimes against humanity, with a pretty horrendous body count. Is it internal repression? No, of course not. Did it add misery, death, and suffering to the world on an industrial scale? It absolutely did.

And, notice that how regardless of whether team Red, or team Blue get elected, the ship seems to be unable to change course on those matters. Hell, a decade later, three quarters of the ship's steering committee don't even consider that course to be a mistake.

Just because we're a representative democracy, of sorts, doesn't mean that we are capable of course-correcting.

Re: Chinese Cash Is Suddenly Toxic in Silicon Valley, Following U.S. Pressure

#208

Post by southphillyman »

irrational wrote: post #205
KorematsuFred wrote: post #170

Earlier quoted context omitted.

Totally second that. Saudi arabia has been pumping money in India to radicalize muslims with active encouragement from USA. Attempts to stop this fund has always invoked American ire. India's strategic efforts to buy Oil from Iran instead of Barbaria have been hurt by United States. Without american help Saudi Barbaria would be a wasteland. America not just tolerate Barbaria but every actively helps them on internati…

Why do you keep writing Barbaria instead of Arabia? At first I thought it was a typo, but you keep using it. Is that how Arabia is spelled in your native language?

I had the same question. I think it's a way to throw a jab at the kingdom's treatment of female citizens.......

Re: Chinese Cash Is Suddenly Toxic in Silicon Valley, Following U.S. Pressure

#209

Post by dang »

KorematsuFred wrote: post #170
luckylion wrote: post #166

Earlier quoted context omitted.

> Saudi Arabia would exist with or without American support At the same level? I have my doubts. If they weren't a close ally of the US, terrorist financing/leading stings would be going much further. Would they be able to do their thing in Yemen without US support? Or would they be a pariah on the world stage because of their acts, which are hard to tell apart from those of ISIS/ISIL? Not that I'm a big fan of the I…

Totally second that. Saudi arabia has been pumping money in India to radicalize muslims with active encouragement from USA. Attempts to stop this fund has always invoked American ire. India's strategic efforts to buy Oil from Iran instead of Barbaria have been hurt by United States. Without american help Saudi Barbaria would be a wasteland. America not just tolerate Barbaria but every actively helps them on internati…

Would you please stop posting political battle-style comments to HN? Also, this Barbaria thing is flamebait; please don't do that here.

https://news.ycombinator.com/newsguidelines.html

Re: Chinese Cash Is Suddenly Toxic in Silicon Valley, Following U.S. Pressure

#210

Post by hiram112 »

ETHisso2017 wrote: post #161

It's interesting: Chinese cash is welcome in real estate and the US treasury market. What is it about startups that makes the government concerned?

As someone who has been waiting on the sidelines to buy a home for years now, I'd love to see the Chinese begin pulling cash out of our real estate market.

It's said that most of this cash has pushed up prices mostly on the West coast, but I have this belief that a lot of money has trickled into almost all metro areas of the US. I can't see any other reason for home prices to be so out of whack in medium-sized US cities with no apparent influence (e.g. Amazon HQ2 in DC).

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