Your nation has been using SWIFT payment for decades, when the volume decrease substantially the US wont know ?
And nations will normally have news announcement when it comes to currency cooperation and deals of such scale.
News on China's scientific and technological development.
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Your nation has been using SWIFT payment for decades, when the volume decrease substantially the US wont know ?
And nations will normally have news announcement when it comes to currency cooperation and deals of such scale.
Ya they will. But that doesn't technically enable them to do anything given they don't have any control over the system unlike SWIFT.
Plus if my country's use of SWIFT decreases substantially that means either the trade has decreased with the respective parties substantially or they parties themselves have adopted the alternate method already.
In that case, if they want to sanction us, which means don't want us to use SWIFT or usd, no problemo.
In fact they don't even need to go through all the technical difficulties to sanction us, if they simply request us to stop using USD/ SWIFT, we will happily oblige.
In case of Huawei they needed to cook up story of backdoor, in this case this is going to be different altogether because if CNY can be used to trade energy from countries like Iran, the prospect is far too elusive for us than protecting the security of some fake Americans. US will have to literally spill their guts out in front of the world why they want SWIFT so badly, which won't look too pretty in front of the world. Of course everyone knows about it, but admission from them will take it to whole new level.
US doesn't need to sanction. Once the alternate method comes online, they will either have option to co-operate or they will be sidelined.
US have a wide range of tools for sanstions and coertive diplomacy other than the abuse of SWIFT. That include changing your concurrent admin government, threatening leaders with scandals, or false flag operation to justify US intervention in name of safeguarding your citizens' freedom. And the sanctions can be overreaching to affect 3rd parties
Just see Iran and Venezuela. Nations that buy their oils/trade with them are getting sanctioned. Chinese firms building roads in Myanmar get punished for "endangering Burma's sovereignty". The end is key, the means and justification are secondary issues.
We have to grasp the mentality of US politicians; if we cant have it to ourselves, then we will destroy everything so no one can have it.
You have to be kept at a proper place under their world order. And you are not allowed to say you want out.
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Interesting.
Should China ban Google Chrome? On the one hand, it's good to have competition in the browser market, I don't think anti-competitive behavior is necessarily helpful. Especially since Chrome browser is higher quality currently than most domestic competitors. On the other hand, Chrome (and Edge) allow US companies to gather information on Chinese web users. Based on what the Americans accuse of Chinese tech, I don't think there is any question that they are trying to use that information maliciously against China.
Should China ban Google Chrome? On the one hand, it's good to have competition in the browser market, I don't think anti-competitive behavior is necessarily helpful. Especially since Chrome browser is higher quality currently than most domestic competitors. On the other hand, Chrome (and Edge) allow US companies to gather information on Chinese web users. Based on what the Americans accuse of Chinese tech, I don't think there is any question that they are trying to use that information maliciously against China.
Well what you have said is absolutely truth, it all could be done, in 2000. Currently US is desperate to get out of Afghanistan. I personally think Taliban should keep them busy for a decade or two more.
All of these tools work in a scenario where there is no second intervening party which in turn makes sure the profit from those operations are intact without getting the cost high .
You have said about Iran , Venezuela. What happened there? Iran is still there, albeit poor. 2 of their wannabe rambos got caught in hands of Maduro, ya you read that right. Maduro. That tells you a lot about their "false flag" operation capability in 2020.
US currently now is desperately selling empty freedom without anything to back it up unlike 2000. Asad is another great example.
Dry lip service only can get you so far. Except some nation whose existence literally depends on US, i don't think other nations will find those lip service job appealing. What we need to do is to be careful not to mix up regional dynamic & Geo-politics with US dry lip service.
I don't really care about US "punishment". As a sane ,reasonable person of this planet, i never considered existence of US to be legitimate.
You should stop talking about that too given it sounds you are emotionally on back foot.
They are not. This is what i said before. We have to be careful about not to mix up regional dynamics with US dry lip service.
The history is such as, Germany will always be hesitant to establish friendly relationship with Russia. US is simply using that. There are always politicians who see the danger of Germany getting into Russian hands. They think they are much safer in US hands.
US isn't doing much there except some fiddling .
China semi industry development taking shape, says former Tsinghua Unigroup executive
Siu Han, Taipei; Jessie Shen, DIGITIMES
Wednesday 7 October 2020
The development of China's homegrown semiconductor industry is taking shape,according to Charles Kau, who has just resigned as executive VP of global operations for Tsinghua Unigroup.
Digitimes.com
Siu Han, Taipei; Jessie Shen, DIGITIMES
Wednesday 7 October 2020
The development of China's homegrown semiconductor industry is taking shape,according to Charles Kau, who has just resigned as executive VP of global operations for Tsinghua Unigroup.
Digitimes.com
antiterror13
Brigadier
I don't think banning Cisco in China is a good idea ... just limiting it and has to comply with the Chinese laws
Hi antiterror13
A question, does Cisco offer something that China can't produced locally?
antiterror13
Brigadier
Thats not the point, a competition is a crucial part to keep competitive.
I am not a big fan of banning, keep them compete freely and the best get the pie .. the role of the government is to make the rules
As long as Cisco is competitive and win some business in China, I am fine with that .. as long as it follows 100% the Chinese laws .. the same for Chinese companies that operate in other countries, they have to follow 100% laws there