Chinese Economics Thread

[Quickie]

That is a first time for me to know as pharmacy products are reported as a strong India export.

Lol, I was searching high low the part of the news report saying just that but to no avail. I saw only "import of bulk drugs".

 

[taxiya]

Lol, I was searching high low the part of the news report saying just that but to no avail. I saw only "import of bulk drugs".

You misunderstood me. I did not mean that news piece saying "India's strong pharmacy export". I have heard it from many other places.

 

[B.I.B.]

According to Gordon, China is going to collapse anytime now, so why bother with a trade war? LOL

Why not get President Trump elect and President Putin cement their mutal liking for each other by letting the FSB and the CIA co-operate in bumping off Chubby?

 

[taxiya]

About the Aixtron deal a month ago, here is the latest development.

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U.S. President Barack Obama blocked China's Fujian Grand Chip Investment Fund (FGC) from acquiring Aixtron's U.S. business, the Treasury Department said on Friday.

Now the gloves are off. Obama comes to the front stage.

Note, this blockage applies only to the Aixtron's U.S. subsidiary. The Aixtron ownership is blocked by Merkel a month ago.

Now it would be interesting to see what is left for the deal to be salvaged as the article said. The future for the deal is very bleak. Maybe FGC will simply hire some valuable employees of Aixtron Germany to restart their work in China?

 

[B.I.B.]

What would be even bleaker, is that any technology related company around the world worth purchasing probably has a U.S exposure. The U.S. could then use this to block the sale of any of these companies to China.

 

[Quickie]

About the Aixtron deal a month ago, here is the latest development.

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Now the gloves are off. Obama comes to the front stage.

Note, this blockage applies only to the Aixtron's U.S. subsidiary. The Aixtron ownership is blocked by Merkel a month ago.

Now it would be interesting to see what is left for the deal to be salvaged as the article said. The future for the deal is very bleak. Maybe FGC will simply hire some valuable employees of Aixtron Germany to restart their work in China?

It could be Obama's retaliation for getting snubbed during the G20 summit in China when he was allegedly not given a red carpet reception.

 

[Blackstone]

It could be Obama's retaliation for getting snubbed during the G20 summit in China when he was allegedly not given a red carpet reception.

The Aixtron deal block isn't retaliation for no red carpet treatment, it's another development in US efforts to contain China. Problem is piecemeal moves like that wouldn't do the job, but the actions that would do it will also harm America and the rest of the world.

 

[taxiya]

It could be Obama's retaliation for getting snubbed during the G20 summit in China when he was allegedly not given a red carpet reception.

I don't think so. The Philip LED lamp deal was blocked by Obama long time ago, the Aixtron deal is only another repeating case.

If there are retaliations, they have happened by many rounds by both sides for years, that makes the Aixtron case not really a retaliation aiming at G20 this September, but just another shot in a war.

 

[taxiya]

The Aixtron deal block isn't retaliation for no red carpet treatment, it's another development in US efforts to contain China. Problem is piecemeal moves like that wouldn't do the job, but the actions that would do it will also harm America and the rest of the world.

Must say that you have an excellent insight.
The only conclusion from this insight that I can make is that cooperation is the better choice than confrontation.

 

[Quickie]

The Aixtron deal block isn't retaliation for no red carpet treatment, it's another development in US efforts to contain China. Problem is piecemeal moves like that wouldn't do the job, but the actions that would do it will also harm America and the rest of the world.

I don't think so. The Philip LED lamp deal was blocked by Obama long time ago, the Aixtron deal is only another repeating case.

If there are retaliations, they have happened by many rounds by both sides for years, that makes the Aixtron case not really a retaliation aiming at G20 this September, but just another shot in a war.

Yes, I do know of the long standing containment policy. I just took the opportunity to poke fun at the situation.