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US to ban transactions with ByteDance and WeChat in 45 days

asia.nikkei.com

91–100 of 1001 posts

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

#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 should never have had this one-way economic benefit to begin with.

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

#92
post #25

Is there any precedent for a president to do such a thing? I am completely astonished and dumbstruck that everyone is ok with this.

The government frequently bans foreign products that have national security implications.

TikTok is not a national security threat. That’s ridiculous.

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

#93
post #25

Is there any precedent for a president to do such a thing? I am completely astonished and dumbstruck that everyone is ok with this.

At least in my social circles, this has been one of the few things trump has done that both dems/conservatives agree with. Why would you be ok with CCP collecting info on US citizens and spreading misinformation to benefit a foreign regime?

Anti-China moves appear to have wide bipartisan support

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

#94
post #55

Some people here are wondering about the implications of this. What this means IMO is that all Chinese investments in SV need to be liquidated at fire sale prices in the next 45 days. Regardless of how people here feel about China this is a huge escalation. The US is inflicting huge losses on Chinese companies for no clear violation of US laws on their part. The pandoras box is now open. Do countries get to do this t…

What are your views on IP theft by some companies there. Should that be considered first strike by China.

“Intellectual property”. What a joke. Throughout school how many times was I excited by a solution I devised until I realized my same exact approach was already discovered, published, and well known? These problems we are solving first dont entitle is to exclusive right over the solution.

We want to kick down the ladder after we climb it. That’s what this is about.

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

#95
post #86
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.

> US is merely reciprocating the policies of CCP Does this mean the policies of the CCP are superior to US policy to date?

Certainly: CCP has been able to fool the world for long enough. US policy of hoping that China would open up in the long run has proven to be extremely naive.

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

#96

Some people here are wondering about the implications of this. What this means IMO is that all Chinese investments in SV need to be liquidated at fire sale prices in the next 45 days. Regardless of how people here feel about China this is a huge escalation. The US is inflicting huge losses on Chinese companies for no clear violation of US laws on their part. The pandoras box is now open. Do countries get to do this t…

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 mouths shut because it's no longer safe to express a contrarian opinion (just like in China). You see already see this in comments sections throughout western publications and forums where questioning policy or taking the opposite side means you are a bot/stooge/unpatriotic/50 cent warrior, etc, etc, etc.

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

#97
post #96

Some people here are wondering about the implications of this. What this means IMO is that all Chinese investments in SV need to be liquidated at fire sale prices in the next 45 days. Regardless of how people here feel about China this is a huge escalation. The US is inflicting huge losses on Chinese companies for no clear violation of US laws on their part. The pandoras box is now open. Do countries get to do this t…

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…

Thats how world wars break out.

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

#98
post #55

Earlier quoted context omitted.

What are your views on IP theft by some companies there. Should that be considered first strike by China.

A good clue is how vague your question is. Should bytedance and tencent be banned because of "ip theft" by "some companies?" no

[deleted]

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

#99

Are we witnessing the end of free markets? Or the growth of decentralization? These sorts of moves are making a very strong case for decentralized platforms.

More likely the end of one-sided free markets. There's no suggestion that the US is about to pull the same shit on countries that don't try and hobble US tech companies.

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

#100
I wonder if he's actually followed the administrative procedures act; often a lot of Trump proclamations end up being stricken down by the court for not following the proper rules. That's exactly why DACA remains in place; while the president has a lot of power over this area, there are still rules and processes that have to be followed.
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