The Evil Empire - USA persistss in its design for world domination and hegemony. It is trying to achieve that through unfair trade and commerce, financial terrorism, tariffs, sanctions, extraterritoriality, cyber warfare and political through military might. In the business world it is using dirty tactics, underhand methods and extra-territorial actions to take down competing foreign companies.
A French executive, Frederic Pierucci of the multinational company 'ALSTOM' wrote a book on the American Trap'. Pierucci's book throws some lights on the American Trap which according to him is designed to harm foreign countries employing extraterritorial actions to cause maximum damage to force foreign companies to surrender. These arrogant illicit harmful measures by the Americans are a huge insult to free trade and international relations and undermine the market rules of law.
The American arrogant hegemony forced some multinational companies to be its accomplices thus infringing on the rights and interests of their business partners around the world. Alstom was fiend $14 billion US Dollars some years back for violating American unilateral law on t5rading with countries under US sanctions. Pierucci himself was thrown into jail for the fake offence of the company under his watch.
The Evil Empire is near collapsing and is unable to compete with the dynamic hardworking Chinese socialist system so it resorts to gangsterism and mafia way to try to stop China's progress development.
China concentrates to build up China as well as helping countries all over Asia, Africa and South America to uplift their societies. It is also helping Greece, Italy, Portugal, Serbia and a few more other southern European countries to get out of their economic shambles due to American exploitation.
Bu the Evil Empire holds the world hostage with the endless printing of its Petrol Dollar for the Americans don't have to really work. The American Treasury and the Federal Reserve Bank will just print the limitless magical Petrol Dollar to pay for all its imports . But the world lead by China and Russia are slowly moving international trading and commerce out of the toxic Petrol Dollar system. As soon as de-dollarization is complete America will be so poor and it will no longer be able to hold the whole world hostage.
An earlier Asian victim of this 'American Trap' was 'Toshiba', a Japanese multinational company. Below I quote from an article forwarded to me from a WhatApp group an article written by one Chia Hak Thye, a retired insurance company manager.
"Why do western countries seemingly dislike China's success."
The following stories will throw some ligh tand expose the malpractices and rogue mafia behaviour of the Americans.
" Toshiba yesterday, Huawei today "
"Thirty years ago,Toshiba exported precision instruments to Russia. Thje United States the imposed the following penalties on the Toshiba group."
1. The Japanese police Department was ordered to arrest ERhe Lin. President of Toshiba Machinery Foundry and Hiroshima Tanamura, President of Machine Tool Business and both were sentenced to 10 years imprisonment.
2. Closing Toshiba factory in the United States.
3. A 100% tariff on Toshiba products sold to the US.
4. As an alternative punishment to the previous one, Toshiba's exports to the United States were banned for five years.
5. A huge fine of one trillion yen was imposed on Toshiba equivalent to $US 16 billion today.
6. In order to calm the anger of the United States, Japan had imposed severe penalties on Toshiba Group.
First Japan semi-conductor industry will unconditionally share technology with American companies.
Second , Toshiba had to spend 100 million yen to publish a full page apology advertisement in all major newspapers in the United States.
Thirdly Japan Semiconductor Association invested 9 million US dollars to launch various relations lobbying in the US congress, and this lobbying has become the most costly lobbying war in history'
Fourthly , by an administration order issued by the Ministry of Communications , Toshiba is prohibited from exporting any products to 14 countries for a period of one year.
The United States is the master of Japan. Japan can only apologize which has led to Toshiba gradually lost its past glory.
Toshiba was the hope of Japan science and technology industry and also the hope and pillar of Japan's manufacturing. After suffering a heavy blow from the United States , Toshiba went downhill thoroughly never to recover.
The US attacked Toshiba not bnecause it sold equipmenmt to the Sovioet Union, but because it affected US interests . Thje United States belioeves that the Japanese semiconductor industry represenmted by Toshiba Group seriously tjhreatens the economic interests of the United States while the Japanese high end manufacturing plan threatens the United States and challenges the technological hegemony of the United States."
END Of PART ONE
Southernglory1