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US to ban transactions with ByteDance and WeChat in 45 days

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Re: US to ban transactions with ByteDance and WeChat in 45 days

#71
post #24

Which workarounds you suggest around the Great Firewall of the United States of America?

The GFW of China is to prevent its people to see outside. The GFW of America, at least for now, is to prevent China from peeking in. One is implemented as an allow list, the other one is a deny list.

Re: US to ban transactions with ByteDance and WeChat in 45 days

#72

Theres an incredible amount of foreign propaganda in western social media anyway. Twitter took down like a million CCP accounts the other month (they made an announcement about it) and thats just the ones they know about. This is a step thats at least in spirit probably makes sense but there are more larger issues. Reddit literally has an API to comment...you think all those policial default subs are real comments? N…

A comment API makes sense as reddit originally had vibrant third-party app developers. It’s not like it can only be used for bots to post.

I help mod a medium-sized subreddit (non-political). We get more mobile-app-based traffic than web traffic by a considerable margin, and I believe this is pretty typical.

Re: US to ban transactions with ByteDance and WeChat in 45 days

#73
post #25

Is there any precedent for a president to do such a thing? I am completely astonished and dumbstruck that everyone is ok with this.

Dumbstruck that we wouldn’t allow an adversarial country collect data on all of our citizens locations? And potentially more?

[deleted]

Re: US to ban transactions with ByteDance and WeChat in 45 days

#74
post #6

Didn't Pompeo say something this week along the lines of banning China Mobile servicing telephone calls to the U.S.? That means if you carry a cell phone from China to the U.S. you can't get roaming service anymore? I am surprised Lenovo hasn't been singled out yet. They supply enterprises throughout the U.S. a lot of corporations that hand out laptops to their employees all use Lenovo.

They might be forced to sell too.

Re: US to ban transactions with ByteDance and WeChat in 45 days

#75
post #55

Some people here are wondering about the implications of this. What this means IMO is that all Chinese investments in SV need to be liquidated at fire sale prices in the next 45 days. Regardless of how people here feel about China this is a huge escalation. The US is inflicting huge losses on Chinese companies for no clear violation of US laws on their part. The pandoras box is now open. Do countries get to do this t…

What are your views on IP theft by some companies there. Should that be considered first strike by China.

China says if you want to set up a factory in China you need to transfer IP. They aren't forcing western companies to invest. Most companies invested voluntarily. And this was seen as mostly OK when the rivalry wasn't as heated.

Re: US to ban transactions with ByteDance and WeChat in 45 days

#76
I’m mixed about this. On one hand the US as the most powerful country should lead and be an example of the free world. On the other hand China is playing an asymmetric game with foreign companies and has banned many US companies from entering their market.

Now they’re still a developing country, so this would be fine by me, except that the Chinese government is committing crimes against humanity and getting more and more powerful at the same time. This is really dangerous, and the only thing I can think of is germany pre-WWII where Hitler had huge approval ratings. Chinese people are extremely pro-CCP even in the US, this is frightening imo. And most countries are doing nothing about the xinjiang and hongkong situations. So maybe this is a good move...

Re: US to ban transactions with ByteDance and WeChat in 45 days

#77
post #25

Is there any precedent for a president to do such a thing? I am completely astonished and dumbstruck that everyone is ok with this.

Because many US companies have been at the receiving end of unfair trade practices, copyright theft and blatant IP violations from the mainland. It's good that we are finally doing something about that.

Re: US to ban transactions with ByteDance and WeChat in 45 days

#78
post #69

The ongoing anti China circus through executive orders is arbitrary and draconian to say the least... and while I've been mostly ignoring it so far, a lot of Americans live in China and have money on Wechat. Are they now violating this week's "law"? The actual executive order: https://www.whitehouse.gov/presidential-actions/executive-or... It's quite short and just adds a lot of FUD

I just went to my Wechat to try to transfer my money left in there to a friend. Transfer isn't going through.

Re: US to ban transactions with ByteDance and WeChat in 45 days

#79
post #55

Some people here are wondering about the implications of this. What this means IMO is that all Chinese investments in SV need to be liquidated at fire sale prices in the next 45 days. Regardless of how people here feel about China this is a huge escalation. The US is inflicting huge losses on Chinese companies for no clear violation of US laws on their part. The pandoras box is now open. Do countries get to do this t…

What are your views on IP theft by some companies there. Should that be considered first strike by China.

The difference between west and CCP is that you follow rule of law, everyone is free until you're proven guilty. If you just replicate what CCP is doing you're admitting that their ideology is superior.

Re: US to ban transactions with ByteDance and WeChat in 45 days

#80
post #55

Some people here are wondering about the implications of this. What this means IMO is that all Chinese investments in SV need to be liquidated at fire sale prices in the next 45 days. Regardless of how people here feel about China this is a huge escalation. The US is inflicting huge losses on Chinese companies for no clear violation of US laws on their part. The pandoras box is now open. Do countries get to do this t…

What are your views on IP theft by some companies there. Should that be considered first strike by China.

A good clue is how vague your question is. Should bytedance and tencent be banned because of "ip theft" by "some companies?"

no

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