Daniel Newman of the Futurum Group says that with the semiconductor export restrictions imposed on China, the country has shown the “ability to innovate against the odds”, and he worries about greater retaliation against U.S. tech companies and chipmakers.
trying to contain China, would be to underestimate China in thinking they need US tech. all you will be doing, is force their innovation and they being the larger market, with the largest data sample… will win. what US need is not to close China off, but to enter China. if the 2 side decouple, US will lose. US is not thinking straight.
China overtook the U.S. in 2011 to become the world’s largest manufacturer. Two years later, it became the largest trading nation based on the value of its imports and exports. With that, it brought an end to America’s long reign as the world’s No. 1 manufacturer and trading nation. But unlike its Western peers, China’s rise as an economic superpower was achieved without the use of force or hegemonic means.
China had not adopted the so-called ‘Gunboat diplomacy’ that was synonymous with Western imperialists in the pursuit of their trade and foreign policy objectives with the aid of military power to intimidate other less powerful entities into submission or concession.
In fact, China was at the receiving end of the full brunt of the Western combined forces, led by none other than the United States and the United Kingdom during the First Opium War (1839-1842), the Second Opium War (1857–1858) and the Eight-Nations Alliance (1900-1901). China was forced, at gunpoint literally, to sign unfair treaties. Amongst others, these unequal treaties (signed during the 19th and early 20th centuries) between China and the U.S., the U.K., france, Germany, Russia and Japan, were one-sided, requiring China to cede land, pay reparations, open treaty ports, give up tariff autonomy, legalise opium import, and grant extraterritorial privileges to foreign citizens.
But what China brings to the world today is the price advantage of Chinese manufacturing products of comparable or superior quality, made possible by China comprehensive industry chain, well educated and highly skilled labor force, and their relentless quest for scientific and technological innovation.
China’s seemingly unstoppable manufacturing power is conspicuously viewed by the West with a convoluted sense of fear and jealousy. But a repeat of the so-called Gunboat Diplomacy vis-à-vis a militarily powerful China is a non-starter. That is when the intelligence and espionage agencies of the U.S. and U.K., the CIA and MI6 went into overdrive to cook up the so-called “national security threat” as a convenient excuse to deny the clearly superior Chinese products access to their markets, albeit to their own detriment.
The 5G infrastructure is a case in point. Former Google CEO Eric Schmidt and Professor Graham Allison in their co-authored opinion piece, noted that average 5G data rates in the US are around 75Mb/s compared with 400Mb/s for urban users in China.
Well, it this whole Western hegemony stands on gun boat diplomacy even to this day. The colonisation of the Middle East and the encirclement of China and Russia millitarily by the West proves the point. You are only allowed conditional success and if you dare have higher aspirations, the gun boats will be back
China leads the world in 37 of 44 critical technologies of the future
So the west thought forcing China to innovate with semiconductors was a bright idea
Who are the strategists in the WH ???
Whatever they are doing, they are making China stronger.
accoridng to NYT, 38% top AI talents in the US were from China, while 37% from the US. Needless to say more
Blocking Chinese students to study STEM and revoke working visa 👍🏻
Half of the 37% is from India.
Of those 37% in US, many of them are Chinese. Chinese are natural in hard science. I mean HARD SCIENCE, not some software engineers that spent most of the time making widgets online or moving data around. The Chinese are doing hard science in AI and hardware stuff. And AI and Hardware are coming together into AI Robotics. And the Chinese EXCEL in it. Soon you will see armies of AI Robotics handling all factories in the whole manufacturing ecosystem.
*USA & Blood Monies*
The US economy has been built on top of blood money since the genocide of the Red Indians and child labour to build its agricultural industries.
USA had killed millions of women and children during the wars in Afghanistan, Bosnia & Herzegovina, Iraq, Kosovo Montenegro Serbia, and Libya. It had killed the most civilians after the WW2.
The biggest human rights violation is extreme poverty when your country is rich, gun violence when you have the largest national security budget, and girls being forced into sexual slavery when you have the largest spy networks.
The US has over 34 million Americans suffering food insecurity, and over 582,000 Americans homeless, and it is a SHAME to be called the largest economy in the world.
The US’s defence budget is 66.6% of the 192 countries combined, while it still has over 6 mass shootings weekly.
The native American Red Indians are deprived of standard education, healthcare and business opportunities. Their population dropped from 60 million in 1492 to less than 10 million in 2021.
Yellen is now in china begging for money. Tim cook and all the big ceos also in china begging for business.
CHINA IS THE WORLDS LARGEST SEMICONDUCTOR MARKET PURCHASING AROUND 75% OF GLOBAL CHIPS AND SEMICONDUCTOR RELATED PRODUCTS AT OVER 500 BILLION DOLLARS A YEAR
CHINA CONTROLS 75% OF REAR EARTH MINERALS AND 90% OF REAR EARTH MINERALS PROCESSING TECHNOLOGY AND PATENTS. YOU HAVE TO BE SO SELF DESTRUCTIVE OR LACK BASIC COMMON SENSE, GLOBAL TRADE AND REVENUE TO PICK A FIGHT WITH CHINA.
CHINA HAS 1.4 BILLION PEOPLE AND THE WORLDS LARGEST CONSUMER MARKET WITH 18 TRILLION DOLLARS IN DOMESTIC SAVINGS. THERE ARE AROUND OR OVER 2000 AMERICAN COMPANIES OPERATING IN CHINA GROSSING OVER 400 BILLION DOLLARS A YEAR. YOU CAN NOT BE A GLOBAL LEADER IF YOU CAN NOT COMPETE. PLAIN AND SIMPLE. YOU CAN NO GO AROUND THE WORLD BOMBING AND USING ECONOMIC SANCTIONS TO DESTROY NATIONS. YOUR ARE CLOSING THESE MARKETS TO AMERICAN COMPANIES.
CHINA DO A WHOLE LOT OF HARM TO THE REVENUE OF AMERICAN COMPANIES IT THEY SO CHOOSE. APPLE LOST 200 BILLION IN 2 DAYS WHEN CHINA BANNED ITS GOVERNMENT OFFICIALS FROM USING APPLE SMART PHONE FOR NATIONAL SECURITY REASONS. AMERICAN POLITICIANS NEED TO STOP THIS ANTI CHINA POLITICAL GRANDSTANDING TO GET VOTES. IT IS DESTRUCTIVE AND POINTLESS. THE CHINESE HAVE BEEN VERY PATENT AND CORDIAL, BUT DO NOT MISTAKES THEIR NICENESD AS WEAKNES. THERE IS NO OTHER CHINA. CEO NVEDIA. AMERICAN POLITICIANS NEED TO TAKE CLASSES IN GLOBAL TRADE AND GLOBAL ECONOMICS. THEIR ACTIONS ARE EXTREMELY SELD DESTRUCTION AND A DANGER TO THE REVENUE OF AMERICAN MULTINATIONAL COMPANIES. WE NEED THE GLOBAL MARKET.
You are lying. Its Endia Superpowder 2020 already won AI race with constructing recently a huge temple that generates quantum energy for powering AI data centers
Secretary Yellen is in China to ask China to buy US bonds.
Consumer dignity and choice
It means communicating respectfully and recognising and respecting a consumer’s individuality in all aspects of care and services. Dignified and respectful care …
أسئلة أخرى
Who are the strategists in the WH ???
Whatever they are doing, they are making China stronger.
Invest in development… vs destruction. 🕊
the US better get used to a multi polar world. Not only China…but India is emerging as a global economic powerhouse. We need to stop the Globalist shenanigan (regime change wars) and learn to cooperate. To compete…we need to recapture our work ethic and “can do” attitude.
Sorry, is this the BEST host cnbc International can provide. BIAS and Achi. Namaste 🙏 .
Chinese are natural in hard science. I mean HARD SCIENCE, not some software engineers that spent most of the time making widgets online or moving data around. The Chinese are doing hard science in AI and hardware. And AI and Hardware are coming together into AI Robotics. And the Chinese EXCEL in it. Soon you will see armies of AI Robotics handling all factories in the whole manufacturing ecosystem.
I saw a video the other day, where this European guy went to a Chinese factory, and was shocked because he didn’t see any workers.
Baltimore Bridge is the State of the Union of the USA.
It signify the decline of US infrastructure. It may take more than 5 years to rebuild without JV with China.
China is the future…India is stagnate- sorry host.
I don’t think China has a choice when Joe relentlessly sanctions thousand of Chinese entities, it is determined to develop her own technology and realign its trades with US.