This should be taken to the WTO if it wasn't coopted by the US and allies
US to ban transactions with ByteDance and WeChat in 45 days
641–650 of 1001 posts
Re: US to ban transactions with ByteDance and WeChat in 45 days
#642Re: US to ban transactions with ByteDance and WeChat in 45 days
#643Is DJI on the pending list?
Time to buy a drone before they're sold out.
Re: US to ban transactions with ByteDance and WeChat in 45 days
#644Earlier quoted context omitted.
I just went to my Wechat to try to transfer my money left in there to a friend. Transfer isn't going through.
I just managed to move part of my money to friends. Try in smaller amounts. Sending a bunch of hongbaos works up to a point as well (then it requires SMS verification which I can't do right now)
Re: US to ban transactions with ByteDance and WeChat in 45 days
#645Earlier quoted context omitted.
Nothing is banned, you follow domestic censorship laws you get to play. Every domestic companies has to, it's onerous, and level playing fields. FB, Google still sell billions in ads to China, they were engineering compliant services to return. Legal reciprocity is China following US laws, which it does. Functional reciprocity is forcing Chinese companies to enter JV and tech transfer - while providing Chinese compan…
Oh come on, you want to talk about rules. When did CCP follow the rules that it agreed to follow when entering WTO? Laws in authoritarian China are the tool for oppression. It is not well written and can be interpreted as how CCP like.
>China was involved in 65 disputes with 9 Economies from the time it acceded to the WTO in 2001 through 2018. China has been the complainant 21 times and the respondent 44 times.
>United States was involved in 279 disputes with 42 Economies from the time it acceded to the WTO in 1995 through 2018. The United States has been the complainant 124 times and the respondent 155 times.
For comparison
>The EU was involved in 190 disputes with 28 Economies from the time it acceded to the WTO in 1995 through 2018. The European Union has been the complainant 104 times and the respondent 86 times.
> Canada was involved in 63 disputes with 11 Economies from the time it acceded to the WTO in 1995 through 2019. Canada has been the complainant 40 times and the respondent 23 times.
Yup, China, a massive trading nation is about as bad as Canada. US, one of the least trade dependent nations is worse than EU (2nd worst offender) a coalition of countries with their own interests, many of whom trades massively. Let that set in.
This is from CSIS that scrapes directly from WTO dispute archives. -https://chinapower.csis.org/china-world-trade-organization-w...
In terms of trade barriers US has more protectionist measures than China. -https://www.cato.org/sites/cato.org/files/styles/pubs_2x/pub... -https://www.forbes.com/sites/kenrapoza/2019/08/30/us-compani...
The real issue is, Chinese protectionist policies disproportionately disadvantages western tech, industries that's bread and butter of western supremacy and has huge lobbying voices. That's true everywhere for strategic industries. Canada cries in Bombardier, Boeing laughs. But absolutely threatenning if China is actually competitive in said industries, i.e. all the US anxiety after Made in China 2025 -> Huawei -> IC -> TikTok. Mcdonalds, Coke, Ford... they're doing great as were majority of western companies before tariffs. Regardless, laws are laws, every Chinese company in China learned to comply after growing pains... so FAANG with more resources can't? I mean they didn't want to before because it required a lot of expensive human moderation... which Chinese companies spend resources developing. Guess what, last few years western platforms had to build the same moderation infrastructure to deal with violence China had. That's why Google and Facebook was comfortable reentering the market. If US wants a different set of laws for Chinese companies, go legislate them, like China does. Instead of arbitrary EOs. You know how US claims Chinsese companies are subservient to CCP... except can't find evidence of it. Meanwhile US pulls entities lists on Huawei and EOs according to electioneering, proving that US companies are absolutely subservient to gov. Look hypocrisy is fine, especially if geopolitics involved, but don't try to moralize that you're any better. It looks ridiculous, especially when you're qualitatively and quantitatively worse.
Re: US to ban transactions with ByteDance and WeChat in 45 days
#646I don't get it. It's US companies standing to loose their stronghold (near monopoly) on social, advertisement, and other forms of monetizing the web if the US creates a precedent for "national security" in this way, as in "we're welcoming social networks and free speech as long as it benefits the US and can be searched without warrant." Quite predictably, governments all over the world will be pressurized to question…
b) Small nations can't feasibly have their own social app networks to any degree of scale.
c) The US is not China. For the most part FB is not a national security risk, whereas the Chinese apps could become that. China uses it's apps to observer and control every aspect of behaviour in China - the wherewithal, mans, intent etc..
d) This is tit for tat: China does not allow foreign social media in it's house.
I'm not so sure I agree with this, but it's not so outlandish.
Re: US to ban transactions with ByteDance and WeChat in 45 days
#647Earlier 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…
> It's only reciprocity if you divide the world into two tribes, the "China tribe" and the "US tribe". It also works if we divide the world into "China tribe" and "rest of the world tribe" . Infact thats the way it always have been, now china is getting kicked out of "rest of the world tribe" . India and USA are just taking the lead, rest will follow. I am ok with that.
Re: US to ban transactions with ByteDance and WeChat in 45 days
#648Re: US to ban transactions with ByteDance and WeChat in 45 days
#649Ugh.
Re: US to ban transactions with ByteDance and WeChat in 45 days
#650Earlier 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. It is. There's a faction in the US that believes the US has to have a dictatorship to compete with China. We've been here before. The USSR looked like an unstoppable juggernaut until the late 1960s / early 1970s. Like China they started from a state of relative bac…
To your point "free-er" states can give rise to the lone wolf innovators who force changed by the power of a new, better idea. (and a solid business plan)