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Q: Did somebody turn on the turbo for decoupling?
https://www.youtube.com/watch?v=hOpaomZ50B0
Plants shutting down, no parts, everybody headed to India and Vietnam.
1 week 1 day ago in Business & Jobs - China
Yes, indeed ... It will continue after the election doesn't matter which party will take a helm ..
Bipartisan Beijing Bashing: College Dems & Reps Demand Closure Of All Chinese "Propaganda" Centers
"In the fight against authoritarianism, universities can continue to benefit from the largesse of an emboldened authoritarian state, or they can stand on the right side of history... They cannot do both..."
In a rare cross-party coalition, the National College Republicans and College Democrats came together Monday to demand that American universities take a stand against the Chinese Communist Party’s “long-term campaign” against academic freedom in the U.S. by closing all Confucius Institutes.
Yes, indeed ... It will continue after the election doesn't matter which party will take a helm ..
Bipartisan Beijing Bashing: College Dems & Reps Demand Closure Of All Chinese "Propaganda" Centers
"In the fight against authoritarianism, universities can continue to benefit from the largesse of an emboldened authoritarian state, or they can stand on the right side of history... They cannot do both..."
In a rare cross-party coalition, the National College Republicans and College Democrats came together Monday to demand that American universities take a stand against the Chinese Communist Party’s “long-term campaign” against academic freedom in the U.S. by closing all Confucius Institutes.
Booing ...
https://www.zerohedge.com/markets/worlds-largest-chipmaker-halts-deliver...
World's Largest Contract Chipmaker Halts Deliveries To Huawei As New US Sanctions Bite
The Commerce Department's decision to tighten restrictions on Huawei announced a few days ago are already throwing a wrench in Huawei's supply chain, a sign that the US is no longer playing around, and is going all-in on bringing the Chinese telecom giant with strong links to the PLA to its knees.
As we reported on Friday, the Trump Administration reportedly blocked a shipment of American-made semiconductors that was headed to Huawei, eliciting a flurry of retaliatory threats, as Beijing via the mainland press promised to target Boeing, Apple and Qualcomm. Despite the seeming escalation in the US trade and tech wars with China, White House economic advisor Kevin Hassett told CNBC Monday morning that the 'Phase 1' trade deal appears to still be intact.
Despite years of aggressive intellectual technology theft coordinated by the Chinese government, Huawei remains surprisingly dependent on products and technology produced by American companies.
However, the latest restrictions unveiled by the Commerce Department late last week and over the weekend will "narrowly and strategically” target a loophole that allows US companies to produce chips overseas with American technology to get around the restrictions. This will no longer be allowed, as even foreign companies that depend on US products will be forced to comply. In response, other global chipmakers are refusing to ship certain products to Huawei. This group includes the world's biggest contract chipmaker, Taiwan Semiconductor Manufacturing Co, a
According to Nikkei Asian Review reported published Monday morning, TSMC has halted new orders from Huawei in response to tighter US export controls. Prior to the new declaration, some companies evaded existing US sanctions by producing semiconductor chips overseas, using American technology, then selling them directly to Huawei.
From here on out, any company that continues this practice risks being sanctioned by the Treasury Department, sanctions that could restrict their access to the dollar-based financial system, or even ban them entirely, leaving them in the same predicament faced by Iranian companies.
.. more ..
icnif77:
https://www.zerohedge.com/economics/polite-deflection-will-no-longer-cut-it-us-pressures-israel-cut-economic-ties-china
Since President Trump fired the first volley in the US-China trade war two years ago, tensions between the US and China have intensified to unprecedented levels, and the prospect of an armed confrontation between the world's two largest military and economic powers is becoming a tail risk worth considering, according to Wall Street luminaries like David Tepper.
Around that time, the State Department launched a quiet campaign to pressure America's allies, including the UK, Germany and Australia, to prohibit parts made by telecoms giant Huawei in their 5G networks, as evidence of "backdoors" in other Huawei products, and Chinese companies are often required to cooperate with state intelligence agencies. For what it's worth, Huawei has persistently denied cooperating with Beijing, and has offered to sign a "no spying" pledge. When the UK decided to allow some Huawei equipment in certain "non-essential" parts of the UK 5G network, he received a dressing-down from Trump.
Since the advent of the coronavirus, these tensions have flared to such a degree that one analyst predicted that the post-COVID-19 era would be characterized by a "super-cold war" with China. And in a report published by the Jerusalem Post on Wednesday, the paper sheds light on the behind-the-scenes pressure campaign by US Ambassador David Friedman and the State Department to push Israel and PM Benjamin Netanyahu to cut more economic ties with China, particularly ties related to 'critical' industries like tech and biotech.
Specifically, the US wants Israel to establish a "more comprehensive" review of incoming Chinese investment, particularly in these industries. But it's not just new deals that the US is concerned with; rather, an anonymous official told an Israeli diplomat that they would like to see Israel "go further" with a "reduction of entanglements overall".
Asked whether the establishment of an Israeli version of the Committee on Foreign Investment in the United States (CFIUS) would satisfy the US, the official said: “I’d go further. Reduction of entanglements overall. Elimination in critical areas altogether."
“A CFIUS-type mechanism is a good start,” he added.
As Secretary of Defense Mike Pompeo has done in the past, the official emphasized that “this is not exclusive to Israel. We’re having similar conversations with all of our allies and partners.”
icnif77:
https://www.zerohedge.com/markets/stocks-yuan-tick-lower-senate-passes-bill-could-force-de-listing-chinese-companies
The CCP's leaders including President Xi are probably dedicating massive intelligence resources to try and discern how much of the White House's belligerent rhetoric toward China is just that - talk - and how much represents serious plans for action.
Well, after President Trump raised the prospect of de-listing Chinese companies from US exchanges last week (around the time that Carson Block unveiled his latest bet against a "fraudulent" Chinese Co. trading in the US) - which prompted Beijing to threaten to move its IPOs to London, the Senate on Wednesday voted on a new bill that would intensify scrutiny of the
*SENATE PASSES BILL AIMED AT BOOSTING OVERSIGHT OF CHINESE COS.
*SENATE PASSES BILL AIMED AT BOOSTING OVERSIGHT OF CHINESE COS, BILL COULD REQUIRE CHINESE COS. TO DELIST FROM U.S. EXCHANGES, AND ALSO BILL WOULD REQUIRE COS. TO CERTIFY NO FOREIGN GOVT. CONTROL
*BILL WOULD REQUIRE COS. TO CERTIFY NO FOREIGN GOVT. CONTROL
The bill comes as Washington moves to cut off Chinese telecoms giant Huawei from using US-made parts and technology. Stocks and the yuan both declined slightly on the news...
icnif77:
https://www.zerohedge.com/geopolitical/feds-find-cozy-connections-nationwide-between-china-university-professors
The Chinese Virus began infiltrating the United States in early 2020, but the communist country already had a foot in the door well before then.
icnif77:
However ...
‘We surrender!’ Roscosmos chief taunts Trump for bragging about ‘super-duper’ US missile