After the recent meeting between Putin and Xi, Biden is
'revealed' to have 'warned' Xi about Western companies leaving China. In
the next breath, Biden is reported to have said that this is not a
'threat'. What is the difference between a warning and a threat?
Why
is it necessary for Biden to issue a warning to Xi, just because he
meets and talks with old friend Putin? Unless Biden has control of every
Western company operating in China, he is talking in 'dementia' mode.
EWTN News Director and Anchor, Raymond Aroya, had this to say of Joe
Biden - 'He is decomposing right before voters eyes'
Why did Elon
Musk and Bill Gates visited China, if not to enhance and look for
business opportunities? Why is Micron still making investments in China?
Why did Airbus want to expand its production in China after Macron's
visit. Biden may be able to force Apple, Google, Intel and force TSMC or
Samsung to tow the line with punishment, but the Chinese market is too
big to be ignored.
Commerical enterprises answer to
shareholders, not Joe Biden who will leave soon, and making profit is
the ultimate motive. After the debacle of the Chips subsidies, TSMC and
Samsung should have learned their lesson. They are now regreting and
licking their wounds, and providing China the blessing in disguise and
the impetus of going full steam ahead in chip development priority.
On
hindsight, I think Macron's stance on China has some relevance to the
rioting situation in France at the moment. Leaders, even Allies, cannot
break rank and do business behind the back of the Evil Empire, and
contradicts its agenda and get away with it. Macron is tottering with
new riots rising, and a regime change in France is being hatched by you
know who. That shooting of the 17 year old is just a lame excuse that
ignited the pent up pressure cooker and French disdain for Nato. Oh, yes
the other slap on the faces of the French was the news that the
policeman that shot the youth was rewarded with US$1 million donation.
From whom I wonder?
Anonymous
2 comments:
Everytime a USA leader visits China, they forgot to look at themselves in the mirror.
My suggestion is that China must place a big mirror in front of those USA leaders when they alight from their plane, just as a timely reminder to them to stop their nonsensical talk when they are in China.
Janet Yellen was in China, yelling about China doing what the USA had been doing all along and accusing China of 'unfair economic practices'. She really must be as 'dementia' tainted as junkie Joe, forgetting what the USA had done and is still doing to China. Or just feigning forgetfulness? She was a classmate of Professor Richard Wolff, if I am not wrong, and he was flabbergasted to see her behaving this way, totally out of sorts with her expertise and ability to see the big picture. Or just feigning ignorance as well?
Claiming that the USA 'does not force other countries' to take sides is really going off the rails. Anglo Saxon White countries were forced to ditch Huawei, and this is not forcing other countries to take sides? What about forcing American, Japanese, South Korean and Dutch companies to impose Chip sanctions on China? Or forcing Germany to stop the Nord Stream 2 pipeline project with threat of sanctions years ago? Angela Merkel had more balls to go against the USA, while Olaf Scholz's marbles shrinked in the face of USA threats.
By accusing China of taking 'punitive action' against USA and Western companies in China, her 'dementia' seems even worse than junkie Joe, to say the least. Or just a pretension, a ploy that had been used to perfection by USA leaders. USA's action against Huawei, BJI, BYD, Tik Tok and other Chinese companies are not 'punitive action'? Tell me, is there another definition of 'punitive action' according to the the USA's fiat 'Rules Based Order'?
China's use of 'national security issues' to curb USA companies is nothing unreasonable, and needs no yelling by Janet Yellen to tell the Chinese what is right and wrong. It is just taking care of 'national security issues' that matters, just like what the USA is claiming and is doing all along.
Wait and be patient, as the curb on rare earth elements by China is going to make chip production and chip machinery makers beg for mercy or bite the dust soon. And what will that accomplish for China? Plenty!
Those chipmakers that want to survive hanging by their boots, will have to relocate or expand their foothold in China to avail themselves of the rare earth elements. China does not need to pass any act or form any alliances to either destroy them or make them come to invest in China voluntarily. The choice is theirs, no need to pass whatever nonsensical acts, executive orders or form alliances. Free and easy. Now who wins and who loses in the chip war is not yet over and is going to be played out more clearly very soon.
China is also in control of other rare earth metals, which it has in abundance besides Gallium and Germanium. Rare earth, is in fact, not rare and many countries have them, but it is the refining expertise that is the real hurdle. And China holds all the advantage in refining, that even the USA had to use China's refining expertise to produce rare metals of the highest purity.
It also takes years to set up refining facilities with huge investments. And here is where China holds the upper hand in competing with those intending to invest in such ventures. China can use supply and demand tactics to take down competitors if it comes to the crunch. Therefore for countries to venture into refining of rare earth, it is a risky venture to undertake.
Like Russia, playing the energy card alone makes the world go haywire. Just one card is enough. China can do the same with rare earth, if it is pushed against the wall. It does not need demon crazy use of toothless sanctions to have the most telling effect.
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