This is sad, we in the US are losing the little high ground we had and no longer lead by example to bring the world closer together by encouraging free markets and free people. I'm against this protectionist nationalism, it only leads to future conflict.
US to ban transactions with ByteDance and WeChat in 45 days
81–90 of 1001 posts
Re: US to ban transactions with ByteDance and WeChat in 45 days
#82Is there any precedent for a president to do such a thing? I am completely astonished and dumbstruck that everyone is ok with this.
The government frequently bans foreign products that have national security implications.
Re: US to ban transactions with ByteDance and WeChat in 45 days
#83Earlier quoted context omitted.
What are your views on IP theft by some companies there. Should that be considered first strike by China.
Has Bytedance been implicated in IP theft?
Re: US to ban transactions with ByteDance and WeChat in 45 days
#84Earlier quoted context omitted.
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
#85Some 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…
No, but wake me up when the US does this to another free and open country, rather than one that has a history of aggressively doing this to Western countries.
Re: US to ban transactions with ByteDance and WeChat in 45 days
#86This is sad, we in the US are losing the little high ground we had and no longer lead by example to bring the world closer together by encouraging free markets and free people. I'm against this protectionist nationalism, it only leads to future conflict.
US is merely reciprocating the policies of CCP: let them allow US companies to compete fairly in China as well.
Does this mean the policies of the CCP are superior to US policy to date?
Re: US to ban transactions with ByteDance and WeChat in 45 days
#87Re: US to ban transactions with ByteDance and WeChat in 45 days
#88Which workarounds you suggest around the Great Firewall of the United States of America?
Might be time to start a VPN service with exit points in China!
Re: US to ban transactions with ByteDance and WeChat in 45 days
#89The 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
#90Is DJI on the pending list?