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US to ban transactions with ByteDance and WeChat in 45 days

asia.nikkei.com

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

#311

Post by blueblisters »

keiferski wrote: post #115
thewarrior wrote: post #97

Earlier quoted context omitted.

Thats how world wars break out.

A Cold War scenario is far more likely. Remember that the tension with the Soviets was far, far, higher, and that never turned into a full-on war.

China is a lot more stable, both economically and politically, than the Soviet Union. While it's not quite par with the United States yet, China has a population 4x the size of the United States, which gives them unprecedented scale to build out and deploy new tech that can easily leapfrog any edge the United States has right now.

In the long term, the only thing going for the US are alliances with other developed countries and democracies. But the current administration doesn't seem to care very much about that.

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

#312

Post by nujabe »

thewarrior wrote: post #43

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…

"China can ban Boeing from China..."

Not if they don't want an airline industry. China does not have the capacity to build a jet engine yet alone a commercial plane in service.

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

#314

Post by fastball »

baby wrote: post #62
danboarder wrote: post #40

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.

I don’t think the US has ever lead by example. Europe has though.

The US has been a champion of global free trade for more than a century.

Of course, the US wants to be top dog in this free trade Utopia, and the means employed to get to those free-trade ends have frequently been terrible.

But just as frequently the means have been a reasonable (and moral / amoral) push to encourage globalization, which has demonstrably helped reduce poverty and other negative stats the world over.

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

#315

Post by chvid »

euix wrote: post #106
thewarrior wrote: post #97

Earlier quoted context omitted.

Thats how world wars break out.

I might get downvoted for this but I think it's a very real possibility. Withdraw the embassy from Beijing, recognize Taiwan and force a embargo of all Taiwanese/Korean and Japanese semiconductor supplies and components to Mainland China. Then sit back and let China then make the first move. Might not work, but at this point I wouldn't put it past somebody in the White House having already gamed it. There has never b…

You can be sure that "war games" are being played out routinely.

The problem here is that this is an obvious escalation with US as the aggressor and not all US allies are willing to follow the US into war as the current administration is seen as unreliable.

You even had the former and current (!) prime ministers of Australia warning of high likelihood of a war between China and the US within the next 3 months. Where the next 3 months of course is the period of the US presidential election indicating that they clearly see a connection between the US elections and increased China tensions.

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

#316

Post by rswail »

holler wrote: post #258
almost_usual wrote: post #226

Earlier quoted context omitted.

> I wonder if FB will come over the top with a bid. Doubt it, they already have a new competing product. As soon as TT engagement drops due to friction the user will switch.

I'm not so sure, Facebook fatigue is real and TikTok built a better product.

Facebook just introduced "Reels" to Instagram.

Instagram is not Facebook and is used by the same audience as TikTok.

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

#317

Post by osrec »

thewarrior wrote: post #97
euix wrote: post #96

Earlier quoted context omitted.

I think we are already passed the point of any of this mattering. Increasingly the rhetoric seems to me to just be: what matters isn't who is in the right or what is just or fair. Increasingly the only thing that matters is which side you are on. Are you with us or are you against us? It's just dogma at this point. In this kind of environment people that are rational either stick to their tribe or learn to keep their…

Thats how world wars break out.

I dismissed it as mere hyperbole in 2016 when people suggested this to me. Now I feel it has a significant probability of actually happening.

Also, I recently watched a documentary on the start of Nazi Germany. The parallels with current political movements are astounding. Fake news, discrediting experts, ignoring protocols, validating xenophobia, using disasters to grab more power - we've seen it all before.

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

#318

Post by techntoke »

supernova87a wrote: post #244

Regardless of how I feel about this particular company or transaction, to me this is a bad overreach of presidential power. I guess it's merely a reflection of the incompetence/inaction of Congress to study the matter and do something about it, as is their responsibility. Why do I say so? 1. The justification for this is that it's a "national emergency with respect to the information and communications technology and…

Does anyone remember when Trump bombed Syria while hosting Xi, and then bragged about how beautiful the chocolate cake was?

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

#319

Post by rswail »

ffggvv wrote: post #280
nicbou wrote: post #267

Earlier quoted context omitted.

Isn't this exactly what US companies do, and what the US government wants to do?

the us needs a warrant to spy on its own citizens

Unless it engages one of the other "Five Eyes" to do the spying.

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

#320

Post by secondcoming »

DSingularity wrote: post #94
rtx wrote: post #55

Earlier quoted context omitted.

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

“Intellectual property”. What a joke. Throughout school how many times was I excited by a solution I devised until I realized my same exact approach was already discovered, published, and well known? These problems we are solving first dont entitle is to exclusive right over the solution. We want to kick down the ladder after we climb it. That’s what this is about.

Who is 'we'?

Have you not heard of a patent?

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