The joys of being a vassal of the empire. Netherlands and Japan now seeing their high tech industry be destroyed in order to serve US interests. As Kissinger so aptly put it, it may be dangerous to be America’s enemy, but to be America’s friend is fatal.
- friendly countries trade semiconductor tech to China of their own volition
- this is bad and they need to be punished
The best part is that they can’t even frame this as China overstepping or coercing them into doing it.
How to make other countries abandon the dollar 101
deleted by creator
If everyone is embargoed then no one is. Let the US price itself out of existence lol.
Oh no true at all, somebody sure is. The US would functionally be.
They aren’t far off effectively sanctioning themselves at this point.
What happened to free trade?
Free trade only ever meant that non-US countries must reduce or remove tariffs and remove capital controls vis a vis the US, so that US capitalists may exploit to their heart’s content.
Every country is absolutely free to trade with the US as much as they want*. Perfectly free trade!
*As long as the trade balance favours the US.
International transfers of weapons and equipment needed to make weapons has always been excluded and under additional restrictions.
Edit: Arms Export Control Act (AECA)
This is the reason why Microsoft can only sell the Windows OS to Iran if they remove strong encryption support (like newer versions of TLS). It’s nothing new at all.
Meanwhile, 40% of US DoD weapons system and infrastructure supply chains rely on Chinese semiconductors. 😂 https://cdn.prod.website-files.com/65e61e6392aba0fa1dba723e/66104c1d4e3ae7809bcd8082_Govini_2024_Numbers-Matter.pdf
this is like banning sugar because it is an ingredient in rocket fuel.
Don’t lie to yourself, this is proteccionism.
Weapons of mass destruction rhetoric ye talkin’… I say its mere pretense…
You seem the type to look at any Global-South country buying ammonium-nitrate fertilizer, who happens to be anti-U.S hegemony, and claim they’re making bombs out of 'em
What weapons exactly?
Mobile electronics, computers, GPS? they’re tools to achieve military strategic goals, but not necessarily military
I don’t think China has any issues producing electronics, computers, or GPS. LMAO.
Here are the details of the restrictions - https://www.csis.org/analysis/balancing-ledger-export-controls-us-chip-technology-china
We’re talking about chips used pretty much exclusively for Artificial Intelligence use - which China uses to abuse human rights of its citizens and to develop weapons which threaten Taiwan, the Philippines, and all free trade moving through the South China Sea.
pretty much exclusively for Artificial Intelligence use
Not necessarily military… that’s sort of mentality the U.S and you westoid lackies gets when their innovation mainly comes from military funding, specifically the smartphone and the internet
Besides, why can’t be both electronics used for military-purposes and A.I be targetted
Also, what did I tell ye about confusing buying fertilizer for bomb-making?
which China uses to abuse human rights of its citizens and to develop weapons which threaten Taiwan, the Philippines, and all free trade moving through the South China Sea.
Umm…
How you immediately jump to this conclusion, not even explaining how directly A.I does this, reminds of this quote
I disengage from your conversation…
this would be a half-decent argument if the US wasn’t literally actively enabling an actual genocide in Palestine.
Walter White Face: Jesse what the fuck are you talking about?
Arms Export Control Act (AECA)
This is the reason why Microsoft can only sell the Windows OS to Iran if they remove strong encryption support (like newer versions of TLS). It’s nothing new at all - been around as long as I’ve been alive. Free trade rules only apply when national security rules don’t.
Typical liberal nonsense.
Everything can be considered national security. It’s a bogus excuse. If an enemy has food they can resist in a war against you longer therefore food exports should be stopped for reasons of national security. If an enemy has clean water then contaminating their water in case of war may allow them to hold out longer therefore water filter trade must be stopped. If an enemy has a bottling plant for soda it can be adapted to make weapons, therefore machinery for those must not be sold.
If an enemy cannot procure adequate iron or steel supplies then their war industry will collapse in a war, therefore exports of metals must be stopped for national security.
You should not sell them medicine because a healthy population is able to fight you better and one without vital medicine is more restless and likely to rise up and overthrow the government so you can put in place a puppet. This is the real rational behind sanctions which is economic warfare.
The fact is the US as the chief human rights violating abomination of a power for the last century has used everything to attempt to bully and brutalize enemies into subjugation.
During peacetime certain things should not be protected by national security as a blanket excuse. That includes things like technology products such as chips.
Just because the US weaponizes everything does not make everything national security related. It makes the US a brutal, vicious, malicious empire that murders millions while pretending to have some sort of moral highground. A highground it has but one build on a mountain of corpses and blood. Non-white corpses, proletarian corpses.
Baby-brain. Military tech like missiles does not need nor does it use the latest cutting edge tiny lithography but older lithographies which are well within the grasp of China and other nations. These bans are to stop them from competing with Apple and Android, to stop them from competing against western tech companies in innovations such as battery endurance, size, etc to make western products more appealing. That’s straight up trade war. It’s the same reason why they’re banning Chinese ship-yard cranes, to cripple their industry and give the west a permanent edge as part of a strategy of decoupling and campism to force the rest of the world at gun-point, at peril of access to the best, latest western tech of joining them in their embargo on China, of not trading in their own best interests but at gun-point in the best interests of the west.
But you’re so racist you wouldn’t care. All you liberals care about is white supremacy.
Shares in Tokyo Electron fell 7.5%, leading a drop in Japan’s Nikkei 225 Stock Average. Fellow chip gear providers including Lasertec Corp. and Screen Holdings Co. also ranked among the market’s biggest decliners. ASML’s stock was similarly down 9.9% in Amsterdam, even as the company reported better-than-expected second-quarter bookings. Shares of Applied Materials Inc., Lam Research Corp. and KLA Corp. — the three biggest American makers of chip equipment — also tumbled on Wednesday. Applied Materials, the largest of the three, fell as much as 7.8% in its worst intraday decline since November.
I don’t think the drop in share prices matter that much. The dips from previous announcements of sanctions went away quickly, because the chip industry overall is in a very strong position globally.
The administration is in a tenuous position. US companies feel that restrictions on exports to China have unfairly punished them and are pushing for changes. Allies, meanwhile, see little reason to alter their policies when the US presidential election is just a few months away.
This is really the crux of the issue, and not so much geopolitics. Some of the US companies that pushed for the sanctions (like Micron tech) have themselves suffered from Chinese retaliation (Micron tech “mysteriously” failed its cybersecurity review in China, and China has clamped down on germanium exports).
The American chip-equipment makers — Applied Materials, Lam and KLA — have been pressing their case in a series of recent meetings with US officials, according to people familiar with the situation. They have argued that current trade policies are backfiring, damaging American semiconductor companies while failing to halt Chinese progress as much as the US government hoped. But the companies don’t want the administration to use FDPR. They fear it will provoke Japan and the Netherlands to become defiant and stop cooperating.
Amazing to see western corporate interests just openly dictating government policy. The rest of the article just plainly lays out which company is telling its government to do what. We’ve dropped even the pretenses.
Amazing to see western corporate interests just openly dictating government policy
You mean like the time the CIA couped Guatemala in 1954 for banana companies?
I don’t think their pleas will work. They’re not important or big enough. NVIDIA went begging for the US to let them continue to profit from China and they’re way more important and they said no and the head of sanctions basically directly threatened them saying she’d adjust sanctions daily to prevent them getting around them with new products if necessary. Though financial capital has had and still has some interests in China, industrial capital in the west increasingly doesn’t benefit from continued trade and in fact as much of it is defense adjacent, benefits from fear-mongering, sanctions, and increasing tensions.
I have little doubt the US will continue to press the sanctions button harder and harder on China. They will hurt their own industries but help them briefly with short-term protectionism benefits. In the end though it will force China to develop their own which will hurt the west but that’s deferred pain and they hope to have a better plan or position by then.
Its insane how much our favourite capitalist roader was vindicated holy shit. All that’s left is to press the communism button.
Western leftists criticizing Deng for his shitty chess moves when it turns out he was playing Go the whole time.
I’m not sure I would call him vindicated. He definitely bought into some of the free market economics of the 1980s which could have ended really badly. Reform and opening up only really succeeded because the Chinese government was willing to slow the pace of reform when Deng was pushing them to move faster. He also had China invade Vietnam which was a huge L.
True, the Sino Vietnamese war was an L, as expected of post Sino Soviet split Chinese foreign policy. And yeah I had the same concerns over liberalizing too fast, esp in the Jiang and Hu era, but it seems like that’s been reigned in too. Trust the process I guess.
I might be biased, but didn’t Vietnam repeatedly raid the border with USSR support before China invaded, and withdrew within a few days after taking several cities?
That is correct, there were border raids which prompted the invasion, but the Sino Soviet split is what caused the worsening relations which led to that. Basically, the invasion was cringe, even if there was some justification for it, but what was more cringe was the repudiation of Stalin and the revisionism in the USSR that followed by corn boy.
Idk I think the Sino Soviet split was pretty disastrous and is partially to blame for the fall of the USSR. Even if Khrushchev was wrong to denounce Stalin, there were reasons why Soviet leadership was trying to lower tensions with the west. It’s also not like allying with Nixon and Pol Pot was genuinely a better move geopolitically.
As far as I’m aware there were border skirmishes prior to China’s invasion. However, there was a context for that. The Sino-Soviet split led to China becoming very suspicious of Vietnam’s motives since they maintained good relations with the USSR. As such, China supported the Khmer Rouge in order to gain influence in the region.
I don’t have to explain why that was a huge mistake. However for context, Vietnam was forced to invade Cambodia after the Khmer Rouge crossed the border and massacred thousands of Vietnamese civilians. As a consequence Chinese leadership basically believed they had been encircled by the USSR and its allies. IIRC there was a troop buildup at the border as China tried to incite rebellion from ethnic minorities including ethnic Chinese within Vietnam. This is the context for the border skirmishes and the eventual invasion.
For a little more context: The rise of the Khmer Rouge and Pol Pot was basically triggered by the US carpet bombing Cambodia. After the US military got thrown the fuck out of Viet Nam, the direct invasion may have ended, but the CIA decided to double down and keep the war going through regional proxy forces, namely the Khmer Rouge, which the CIA was arming, funding and providing military intelligence to. The Khmer Rouge butchered a lot of civilians, but failed pathetically at invading Viet Nam and repelling counterforces. Border regions of Cambodia spent a decade under NVA occupation as a result, while the CIA and KR ran operations out of N. Cambodia and Thailand.
The CIA also kept stirring up fear and conflict with Viet Nam’s other neighbors, which is where that narrative of “The NVA and USSR won’t stop at the border” came from. My understanding is that the CIA was directly in contact with and trying to convince the PRC that Pol Pot was the real communist revolutionary and needed help, and that the Soviets were using a puppet regime to encircle China. Ofc it was just projection and domino theory bullshit. Deng and the entire PRC should have fucking known better.
Well this is why I think Deng was right to ensure the CPC maintained leadership within the PRC rather than pursue political liberalization alongside economic liberalization. The CPC may not be perfect. However, I do believe their structures allow them to course correct as needed and advance capable members into leadership.
That’s why I think they were even able to pull back when Deng’s reforms went to far. It’s also why I think they’ve been able to address corruption and uneven development under Xi.
Japan and Netherlands joining BRICS in 2025 or 26?
lol
Nothing would make me happier, but I don’t think it is realistic anytime soon.
I wouldn’t say it is off the table forever, but we need to kick the US out first.