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US to ban transactions with ByteDance and WeChat in 45 days

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171–180 of 1001 posts

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

#171

Under what authority can he issue this order?

The order says:

> By the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA), the National Emergencies Act (50 U.S.C. 1601 et seq.), and section 301 of title 3, United States Code,

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

#172

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.

> no longer lead by example to bring the world closer together by encouraging free markets and free people. It does not work very well if you are the only nice guy within a group of a--holes. You just end up being beaten up. Free Markets work well if pretty much everyone adopts the same rules of commerce, but China is way beyond that point.

One of my favorite Marcus Aurelius quote is "Leave the harm done by other where it started."

Excluding self defense, I wonder if this can be applied to nations too.

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

#173
post #81

Earlier quoted context omitted.

US is merely reciprocating the policies of CCP: let them allow US companies to compete fairly in China as well.

Yes, by mirroring China’s authoritarianism and restricting the freedom of Americans. I’m living overseas and now my government is telling me I can’t use WeChat? Telling me who I can and cannot trade with, etc. Restrictions on trade with China are attacks on our freedom.

It is absolutely within the purview of a Sovereign Nation to decide, within the confines of relevant statutes, what companies are allowed to operate within its borders. Trade restrictions are absolutely normal, and are well inline with established practices. What are economic sanctions, after all, but a restriction on the freedom to conduct commerce?

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

#174

Earlier quoted context omitted.

China never forced US companies to sell their investments in China at firesale prices. This is not a proportionate response.

Don't they prevent some of our companies from operating there though? And then developed their own competing solutions free from competition. That's not exactly a free market, is it?

Which companies? If you mean Google search, they decided it wasn't worth complying with Chinese laws and left. You may not agree with the specific laws but complying with local laws is a bare minimum requirement for entry into the market of every country. Google even made a second attempt to reenter China, but shut down due to criticism from employees and the US government.

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

#175

Earlier quoted context omitted.

> Do countries get to do this to each other whenever they feel like it now 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.

China never forced US companies to sell their investments in China at firesale prices. This is not a proportionate response.

https://en.wikipedia.org/wiki/Operation_Aurora

"Operation Aurora was a series of cyber attacks conducted by advanced persistent threats such as the Elderwood Group based in Beijing, China, with ties to the People's Liberation Army.[2] First publicly disclosed by Google on January 12, 2010, in a blog post,[1] the attacks began in mid-2009 and continued through December 2009.[3]

The attack was aimed at dozens of other organizations, of which Adobe Systems,[4] Akamai Technologies,[5] Juniper Networks[6] and Rackspace[7] have publicly confirmed that they were targeted. According to media reports, Yahoo, Symantec, Northrop Grumman, Morgan Stanley,[8] Dow Chemical,[9] and BlackBerry [10] were also among the targets."

Why force to sell when you can do the above?

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

#176

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.

> never turned into a full-on war.

But almost did (Cuban Missile Crisis), and there were several wars* by proxy (some with China too).

*conflicts technically, as Congress hasn't declared war since WW2

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

#177
post #3

So does this ban transactions with all of Tencent or just those in relation to WeChat? https://www.whitehouse.gov/presidential-actions/executive-or... Section 1. (a) The following actions shall be prohibited beginning 45 days after the date of this order, to the extent permitted under applicable law: any transaction that is related to WeChat by any person, or with respect to any property, subject to the jurisdiction…

And what's a "transaction"?

Payment.

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

#178
post #149
post #77

Earlier quoted context omitted.

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.

I dunno, it worries me to see popular narratives sinking back into nationalistic perspectives. This entrenches us in the “ they did A, so we will respond with B” logic, and from there, it only takes a few “reasonable” exchanges between nations “just looking out for themselves” for us all to end up in a situation nobody wanted.

I agree with you on the overall perspective. But I do think exceptions can and do exist.

This not just a case of “they did A, so we will respond with B”. It's a case of “they did A, B, C, etc. so we are responding with X after 10+ years“. To be fair, successive US administrations across party lines gave CCP a long enough rope.

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

#179
post #65
post #22

Can someone explain the motivation?

The stated motivation is to reduce misinformation from China in lead up to election. Pretty wild that Facebook which was 100% proven to have been used for Russian misinformation in the last, and this election, somehow dodged a bullet on this... My (totally personal opinion guess) is that this is just another way to poke the bear as part of the tit-for-tat with China and maybe a minor contributing factor that someone…

I don't see anything about misinformation or the election in the executive orders [1, 2]. It talks about data collection, e.g. "potentially allowing China to track the locations of Federal employees and contractors, build dossiers of personal information for blackmail, and conduct corporate espionage" and " the application captures the personal and proprietary information of Chinese nationals visiting the United States, thereby allowing the Chinese Communist Party a mechanism for keeping tabs on Chinese citizens who may be enjoying the benefits of a free society for the first time in their lives".

[1] https://www.whitehouse.gov/presidential-actions/executive-or... [2] https://www.whitehouse.gov/presidential-actions/executive-or...

Edit: okay, there is a bit, e.g. "This mobile application may also be used for disinformation campaigns that benefit the Chinese Communist Party, such as when TikTok videos spread debunked conspiracy theories about the origins of the 2019 Novel Coronavirus"

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

#180
post #10

Forget I said anything. HN is infiltrated by propaganda without people even realising.

Can you point out some obvious propaganda? And not just some argument you disagree with?

This is frequently an unreasonable request. To take an example from higher in this thread (not proving his claim), you can easily say that CGTN French does not have 20 million subscribers, but you can't easily say that any individual subscriber is fake.

The same can apply to social media, it can be pretty obvious based on commenting patterns that there is some propaganda going on in posts blatantly about China, without it being able to identify with any degree of certainty which comments are problematic.

(I take no stance on whether or not there is obviously propaganda here, the commenting and voting does strike me as suspicious, but not to the degree that I think it's a slam dunk that it's not just the result of a biased sample of HN users being interested in posts like this).

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