US to ban transactions with ByteDance and WeChat in 45 days
611–620 of 1001 posts
Re: US to ban transactions with ByteDance and WeChat in 45 days
#612Earlier quoted context omitted.
No it's not. The Chinese government sets their (extremely authoritarian) rules on censorship for companies to legally operate in China but the rules apply to everyone equally. Chinese companies of course have to comply, but foreign companies have the choice to comply or not. Google chose to comply initially but decided to pull out later on. Microsoft/Apple choose to comply and are still operating in significant ways…
> The Chinese government sets their (extremely authoritarian) rules on censorship for companies to legally operate in China but the rules apply to everyone equally. Censorship requirements are the least restrictive Chinese law. Look at industries where foreign companies are outright restricted (must form non controlling joint venture with local partner) or prohibited from operating in: http://english.mofcom.gov.cn/ar…
Am I looking at the wrong part?
Re: US to ban transactions with ByteDance and WeChat in 45 days
#613Earlier quoted context omitted.
Isn't this just reciprocity? China banned a long list of media companies: FB, Google, YouTube, Twitter, Netflix, and every traditional media. Now the US is banning two apps made in China.
It's only reciprocity if you divide the world into two tribes, the "China tribe" and the "US tribe". Someone from the "China tribe" did something bad to the "US tribe", so now we're going to grab a random member of the "China tribe" and punish them for it, even if they're not the one responsible. I used to think the Western world had abandoned that kind of collective punishment, but apparently not. It ceases to be re…
Extremely naive view. China is a totalitarian state that can compel its companies to hand over all private data if asked. In your rosy "presumption of innocence" scenario, by the time they're proven guilty it's too late.
This is preemptive measure that is a prelude to greater 'decoupling' from China. If a hot war breaks out, you don't want the country dubbed the number one strategic threat having access to 25% of citizens phones.
Re: US to ban transactions with ByteDance and WeChat in 45 days
#614Earlier quoted context omitted.
Isn't this just reciprocity? China banned a long list of media companies: FB, Google, YouTube, Twitter, Netflix, and every traditional media. Now the US is banning two apps made in China.
>Isn't this just reciprocity? China banned a long list of media companies: FB, Google, YouTube, Twitter, Netflix, and every traditional media. Yes, which is bad for China, because it robs the Chinese people of choice. As Milton Friedman said when speaking on tariffs, "why do to yourself what you do to an enemy at war?" China engages in censorship and limits the freedom of their people, so we're going to do the same t…
George Washington, for instance, signed the Hamilton tariff of 1789 to help develop infant industries which England was preventing from getting off the ground with tarriff-less trade.
Milton Friedman's proscriptions made sense for America at the time he made them. America was in the dominant industrial position England was in in 1789, it wanted every other country to tear down THEIR tariffs too, just as England wanted America to tear down theirs. Better if everybody buys American rather than home growing industry, right?
Now that America's industrial might is waning MiltonFriedman's influence is becoming weaker and his ideas look more and more dated.
Re: US to ban transactions with ByteDance and WeChat in 45 days
#615Earlier 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…
I think increasingly over the last year, dogmatic thinking and fantastical thinking related to several important topics are becoming mainstream, chief among them China. What's disheartening to me is that not only are neocons and Steve Bannon type ideologues pushing hard on this, it seems the majority of "liberals" do not really object to their views or actions on China. Ask yourself this: if you believe the Trump adm…
Why would they? Less than equally free trade over the last ~30yr has driven a lot of blue collar voters into the arms of people who make crude promises to bring jobs back.
Many people would like to see more tactful foreign policy by the US but you'd be hard pressed to find people who think the status quo with regard to China was not in serious need of adjustment.
Re: US to ban transactions with ByteDance and WeChat in 45 days
#616Earlier quoted context omitted.
> It ceases to be reciprocal if you distinguish groups at an only slightly higher resolution: Chinese businesses like TikTok and WeChat and American businesses like Google and Facebook in addition to the Chinese and American governments. This is pretty much exactly how reciprocity works in other areas like travel and immigration. We treat their nationals as they treat ours. You can see examples worldwide right now wi…
> This is pretty much exactly how reciprocity works in other areas like travel and immigration. We treat their nationals as they treat ours. What? Which part of our immigration system is reciprocal?
Re: US to ban transactions with ByteDance and WeChat in 45 days
#617Earlier quoted context omitted.
> It ceases to be reciprocal if you distinguish groups at an only slightly higher resolution: Chinese businesses like TikTok and WeChat and American businesses like Google and Facebook in addition to the Chinese and American governments. This is pretty much exactly how reciprocity works in other areas like travel and immigration. We treat their nationals as they treat ours. You can see examples worldwide right now wi…
> This is pretty much exactly how reciprocity works in other areas like travel and immigration. We treat their nationals as they treat ours. What? Which part of our immigration system is reciprocal?
https://travel.state.gov/content/travel/en/us-visas/Visa-Rec...
Re: US to ban transactions with ByteDance and WeChat in 45 days
#618Earlier quoted context omitted.
But if Chinese social media firms are freely operating in the USA why can't the likes of FB and Twitter be allowed same free access in their market. Let's not see this as harming anybody but this is one of the ways to force China to open up and allow foreign businesses(social media) to spread in their domain. Imagine being forced to open a WeChat account just to chat with someone in China. If this kind of business mo…
China does it, so it is okay for us to do it is just a very weak defense of this behaviour for us looking at this from outside of China and the US. The US stood for free markets, democracy and human rights and (at least) pretended to make international decisions based on those values. Now the fig leaf is gone and it is clear that those are mostly used to make transactions to US benefit even if it comes at the cost to…
I tend to think in the trade situation, it's best to play the long game and try and stay open. Once both sides start banning each other, then it's probably never turning around without some significant leverage gain by one of the parties.
Re: US to ban transactions with ByteDance and WeChat in 45 days
#619Earlier quoted context omitted.
> It ceases to be reciprocal if you distinguish groups at an only slightly higher resolution: Chinese businesses like TikTok and WeChat and American businesses like Google and Facebook in addition to the Chinese and American governments. This is pretty much exactly how reciprocity works in other areas like travel and immigration. We treat their nationals as they treat ours. You can see examples worldwide right now wi…
> This is pretty much exactly how reciprocity works in other areas like travel and immigration. We treat their nationals as they treat ours. What? Which part of our immigration system is reciprocal?
Re: US to ban transactions with ByteDance and WeChat in 45 days
#620Earlier quoted context omitted.
It's only reciprocity if you divide the world into two tribes, the "China tribe" and the "US tribe". Someone from the "China tribe" did something bad to the "US tribe", so now we're going to grab a random member of the "China tribe" and punish them for it, even if they're not the one responsible. I used to think the Western world had abandoned that kind of collective punishment, but apparently not. It ceases to be re…
> But having the president order arbitrary punishment without proof of guilt (what happened to presumption of innocence?) looks like a dictatorship to me Extremely naive view. China is a totalitarian state that can compel its companies to hand over all private data if asked. In your rosy "presumption of innocence" scenario, by the time they're proven guilty it's too late. This is preemptive measure that is a prelude…