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US to ban transactions with ByteDance and WeChat in 45 days

asia.nikkei.com

421–430 of 1001 posts

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

#421

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.

> It does not work very well if you are the only nice guy within a group of a--holes

You are saying Europe is behaving like China?

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

#422
post #357
post #348

Earlier quoted context omitted.

The fact that we are allies with Germany and that the US probably buys a lot more from Germany than Germany buys from the US. With China, well, they are already blocking lots of American software companies so this would be more of a proportional response than anything else.

proportional? China gave a clear path forward to those companies if they want to operate in China (setting up severs in China, complying local laws, etc..) They chose not to do so and left. Did US gave any clear path how these tech companies can continue operate in the US other than selling themselves and giving the goverment a commission?

> proportional? China gave a clear path forward to those companies if they want to operate in China (setting up severs in China, complying local laws, etc..) They chose not to do so and left. Did US gave any clear path how these tech companies can continue operate in the US other than selling themselves and giving the goverment a commission?

The real question is, why did the West went along with that bad deal at first place and allowed China into the WTO under these conditions. It was extremely short sighted.

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

#424
post #106

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…

> There has never been a case in human history where one group of people voluntarily gave up their wealth, status and privilege to another group of people. Wealth transfer always leads to violence.

There was an interesting book published about two years ago (I'm too lazy to search for it) which showed that wealth "re-calibration" only really happened as a result of violent change. I know I wouldn't be here in front of a computer writing this comment if it hadn't been for WW2 that brought communist rule to my Eastern-European country, which communist rule brought forced industrialisation with the help of mass education (that was of course free, unlike before WW2). That benefited my parents who could make the "leap" from the countryside to the city. Probably a new war could similarly eliminate the wealth inequality in countries like the US.

Actually I looked for it and I'm 99% sure this is the book: "The Great Leveler: Violence and the History of Inequality from the Stone Age to the Twenty-First Century" [1]

[1] https://press.princeton.edu/books/paperback/9780691183251/th...

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

#425
post #91

None of these Chinese companies would have grown to what they are today without intense government-enforced protectionism at home, and until China agrees to compete on a fair playing field I'm perfectly fine with them all being banned outside of their firewall. Would China ever agree to let Instagram, Facebook, YouTube, Snapchat, WhatsApp, Messenger etc. or any new startup operate freely and make money there? It shou…

[deleted]

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

#426

Earlier quoted context omitted.

What's stopping Volkswagen from lobbying Germany to ban Teslas because all the cameras in it pose a "national security risk"? This is, by all account, a shortsighted move

TBH I can see how Tesla could be labelled that, and if it was a Chinese company I'd suspect it would eventually, the spying potential from all those streaming cameras and AI without any insight or oversight of the process. Germany is in bed with the US, especially the secret service.

Not sure how long Germany, or Europe for that matter, remains in bed with US. The current administration is isolationist and if the future ones adopt the same policies, we might see a decoupling of Europe and USA. Won't happen overnight but if I were a gambling man, I would wager on it.

I don't think after all this we can go back to the old world order.

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

#427
post #407

Earlier quoted context omitted.

American Civil War 2 is an impossible fantasy. You need regional divisions in the military, which we don't have. These new alliances don't make sense either.

No, "American Civil War II" is an absolute nightmare scenario. I would go as far as to say we're in a cold one right now. I would not have imagined this possible four years ago, but now, given the level of division... yeah, it appears to be on the table. That's cause for fairly grave concern, by the way. Imagine that the election goes into a toss-up. Which it likely will. Both parties have been laying the groundwork…

Why, because of the protests? If the protests had the potential to overthrow the government by force, they would be met with bombs and bullets. Civil wars are fought by armies and the US military is completely unified behind the preservation of the US government.

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

#428
post #357
post #348

Earlier quoted context omitted.

The fact that we are allies with Germany and that the US probably buys a lot more from Germany than Germany buys from the US. With China, well, they are already blocking lots of American software companies so this would be more of a proportional response than anything else.

proportional? China gave a clear path forward to those companies if they want to operate in China (setting up severs in China, complying local laws, etc..) They chose not to do so and left. Did US gave any clear path how these tech companies can continue operate in the US other than selling themselves and giving the goverment a commission?

you left out the parts about having to operate via a chinese 'partner' and having to transfer your IP to that partner (full source code)

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

#429
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.

https://citizenlab.ca/2020/05/we-chat-they-watch/

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

#430

Earlier 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 feels unequal after this was called censorship and anti-democratic, being used as a basis for propaganda against China, for years?

We can call it digital warfare.
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