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U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel

wsj.com

61–70 of 114 posts

Re: U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel

#61
post #20

Earlier quoted context omitted.

China has never been a western ally

Perhaps you are forgetting WWII, when China was a main member of a group which literally called themselves "The Allies" https://en.wikipedia.org/wiki/Four_Policemen

Calling yourself "the allies" doesn't make you long term allies.

It was just a group with a common enemy for short a time. Take Stalin, also part of "the Allies", he had invaded Poland together with Hitler and also invaded Finland. Couple of years later he was fighting Hitler because he got stabbed in the back by Hitler. And after WWII the west got into the coldwar with Stalin.

Re: U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel

#62
post #13
post #4

Earlier quoted context omitted.

I think the critical difference is that Japan is an ally and China is not.

For now? I am pretty sure that at one point China was an ally and Japan an enemy. I think.

The difference is that Japan is a Western country, China isn't.

Re: U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel

#63

Earlier quoted context omitted.

[flagged]

No, it's not. Nobody said that. Stop screaming nonsense so that someone will argue with you.

So why aren’t you all screaming about those as much as you scream about TikTok

Re: U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel

#64
post #59
post #28

Earlier quoted context omitted.

Can you explain what nefarious things Japan - one of the US’s closest allies by the way - could do by owning 12% of the USA’s steel output in the form of physical factories that are on US soil?

Report to other governments the allocation and distribution of government steel purchasing, and thereby provide estimates for the production and maintenance of warships, subs, tanks, and other vehicles.

[flagged]

Re: U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel

#65
post #13

Earlier quoted context omitted.

For now? I am pretty sure that at one point China was an ally and Japan an enemy. I think.

The difference is that Japan is a Western country, China isn't.

What? You mean capitalist nation rather than communist right?

Re: U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel

#66
post #65

Earlier quoted context omitted.

The difference is that Japan is a Western country, China isn't.

What? You mean capitalist nation rather than communist right?

No, I mean with rule of law and powerful institutions. As opposited to China (or Russia), which have law, but institutions are engineered so that the person in power can highjack them to ensure the outcomes they want.

Think about it. In western countries (US, UK, EU, Japan, etc) you can have a court rule something that is seriously inconvenient for the government. In China and Russia that never happens.

Re: U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel

#67
post #59
post #28

Earlier quoted context omitted.

Can you explain what nefarious things Japan - one of the US’s closest allies by the way - could do by owning 12% of the USA’s steel output in the form of physical factories that are on US soil?

Report to other governments the allocation and distribution of government steel purchasing, and thereby provide estimates for the production and maintenance of warships, subs, tanks, and other vehicles.

Do you genuinely believe that other governments don't already have that information?

Most of it is publicly available, and what isn't can be estimated reliably via satellite imaging

Re: U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel

#68

Earlier quoted context omitted.

No, it's not. Nobody said that. Stop screaming nonsense so that someone will argue with you.

So why aren’t you all screaming about those as much as you scream about TikTok

Probably because they’re from the US and care about their own problems first? Not really surprising TBH

Re: U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel

#69
post #20

Earlier quoted context omitted.

China has never been a western ally

China was very notably an ally while the KMT was in power of mainland China.

Are you referring to Nazi-Germany or the US in this context?

Re: U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel

#70
post #17

Earlier quoted context omitted.

In the 80s and 90s there was a lot of hostility to Japan, because they looked like they might surpass us economically. They were even the villain of some Tom Clancy books. Now, the fear/hate is aimed at China, same reason.

There's more reason than that for Western hostility to China, not least of which is that it is an authoritarian regime with aggressive expansionist goals. Let's also not forget the reciprocity of the hostilities.

Does that really matter? Saudi Arabia is an ally.
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