Attempts to kill Huawei failed. It was even a global
effort with cronies all taking part in trying to get rid of Huawei. They
were all fooled and taken to the cleaners, as it has now been revealed
that the USA's own military is still relying on Huawei for equipment to
function. The stupid Europeans and cronies are left carrying the baby of
migrating their systems to fit Nokia or Ericson's 5G network. Who are
the fall guys?
Now Huawei is doing even better than before, going
into manufacturing sectors that it did not even consider in the past,
like EVs. Huawei just would have concentrated on expanding its
telecommunication equipment and smartphones sector before those
sanctions. But today Huawei is going big into competing domestically and
globally with smartphone makers like Apple, not just content to just
dominating in the mainstream telecommunication equipment sector. Huawei
is gaining on all fronts and the advice is never bet against Huawei vis a
vis the Chinese.
The same is being repeated in every other
sector, like shipbuilding for example. China's shipbuilding industry was
practically and totally unknown, when the Japanese and South Koreans
were the kingpins, after they took over from the USA. Did the USA accuse
them of stealing USA jobs by the way? And the USA cannot now claim that
China stole their shipbuilding jobs, which they would have done, right?
The
USA and the West better live with the rise of China, rather than making
fruitless efforts to contain China by going back to basics from
scratch, like setting up supply chains, factories, looking for raw
materials and trying to lure companies back to the USA. The Chinese
already had a monopoly on most essential raw materials and the
processing logistics as well. It is too little too late.
There
was an analogy by Kevin Walmsley, I think, that the way things are done
by the West is attempting to corner the market by getting the customers
first and then trying to find the raw materials to set up the supply
chains to get the stuff out. The Chinese did it the other way, which is
finding the raw materials and setting up the supply chains and then they
believe the customers and the market will come to them.
China's
over-capacity can put the 'going back to basic attempt' by the USA out
of business in no time. Knowing this, who is going to invest in such
basic infrastructures that could turn into white elephants. Cheap
Alliances will never see the light of day. TSMC and Samsung better say
goodbye to their billions invested in their semiconductor factories in
Arizona.
Anonymous
2 comments:
Now the USA is doing its business of conning and roping in the Japanese and South Korean shipbuilders to build shipyards in the USA to compete with China. After the horses have bolted, closing the stable gates serves no purpose. The Japanese and South Koreans must be dumb as lampposts to fall for such a gimmick. They are still licking their wounded pride after having lost to the Chinese themselves.
Having been beaten to play second fiddle by the Chinese, are the Japanese and South Korean shipbuilders going to suffer a second clobbering by the Chinese shipbuilders? They can try throwing money into a USA black hole, like building semiconductor manufacturing plants in Arizona, knowing it is an exercise in futility.
If they can revive their fortunes in shipbuilding, why is there a need to go to the USA to do it, with wages much higher in the USA and skilled shipbuilding manpower totally absent. The USA does not even have a shipbuilding industry of its own, having lost that to the Japanese and South Koreans, both of which surrendered to the Chinese as well.
The USA is trying to flog a dead horse, like in other sectors such as vehicles, renewable energy, supply chains and even in innovations that they once reign supreme just a decade or two ago. Trying to revive all these to overtake China once again is just like revisiting the technique of how to make babies, LOL.
The superiority in most sectors is already lost for the USA, with making wars the only sector that the USA is still ahead. But that may not be for long once the US$ hegemony ends.
Lying is not going to improve anything. Lying is not going to push Huawei down. It makes Huawei even stronger.
They say that countries grow stronger in adversity. China is facing all the adversities and China should just ignore the attempts to unsettle its present trajectory and keep on building up its military, industrial over-capacity and produce all the affordable goods that the world needs. I believe the world will be thankful for that.
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