So China should continue allowing US business executives to work in China normally by sending data over to their HQs, such as data on energy consumption, industrial production, traffic near their offices? For some virtue signalling?
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- Thread starter bd popeye
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It seems to me that some Germans are conducting "passive resistance" against their EU overlords. They preemptively built out 5G networks as fast as they could, so now it's economically impossible to justify banning Huawei.
Despite the US's best efforts, it seems like Huawei has captured and encircled Europe.
Despite the US's best efforts, it seems like Huawei has captured and encircled Europe.
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Ultimately US is bluffing to get a deal where TikTok abides by American censorship. They have no means to stop TikTok on a signficant scale, nor is it possible to buy the company which contains technology forbidden for sale.
They might be able to oust them out of the 330 million strong US market, but just like most of China being on YouTube, most of US will still find ways to just circumvent it.
However, unlike China, US didn't ban the platform early enough, so it already gained massive popularity. The Chinese bans on US affiliated platforms was not meant solely as an ideological tactic, most of it was meant to help China regain leads in key social media sites. Because US is banning too late, it is unlikely that they will gain the latter effect.
So US is neither getting a sale nor likely able to oust TikTok (although the latter might happen if they have abysmal future planning and just want a quick "victory"), what they're doing is trying to dig under Bytedance's skin and say "you should fold to some of our demands". Maybe it will be censorship of some events on US TikTok, or allowing US bots to operate more freely, or both.
Only needed to seize US assets if US invades China. And then, its open season.
I looked again and again to see if it was a real article. It felt like a parody. Gosh... This is worse than 2 cups
I was referring to assets of foreign companies in China, not the operations of the companies.
If required, operational restrictions can be imposed. But the important thing is NOT to nationalise assets. If the companies want to leave, they can sell their assets in China at market values.
so during a conflict, like what happened to Russia, they can impose USD sanctions, making it impossible for US creditors to be repaid.
Should US creditors be allowed to repossess Chinese businesses that can't repay?
Is it theft if Chinese businesses do not repay the creditors due to being unable to access USD?
That's what they called Russia not paying back its Boeing and Airbus loans due to being unable to use USD and EUR - theft.
Foreign currency reserves are literally your country's property. Freezing or redirecting them is literal theft. Yet what happened with Russia and Afghanistan?
As a dark take to this situation, I believe China one way or the other will eventually takes back those assets and then some in due time. I don’t believe China will allow those assets to escape from them for very long, it’s a long game and China has only gotten started and is rapidly gaining allies while working to combat the USA in a manner where all other options will be used before violence as a last resort. If the USA thinks they can escape the debt collector, well sooner or later he will be caught and forced one way or the other to cough it up
Are these the "shared values" the US and their puppets keep talking about?