Save time by listening to our audio articles as you multitaskThe beancounters’ success belies a bilateral commercial relationship that is getting increasingly tetchy. On the day of their announcement, America’s Commerce Department said it had added 36 Chinese companies to its “entity list”, a designation that makes doing business with them near-impossible.
The American government has been ratcheting up pressure on Chinese business since 2019, when Donald Trump first blacklisted Huawei. His successor, Joe Biden, is even less coy that the policies’ ultimate goal is to hobble a geostrategic rival. In October Mr Biden’s administration announced sweeping measures that block Chinese artificial-intelligence ventures from gaining access to American technology and talent.
Recent media reports suggest that Japan and the Netherlands may join America in applying sanctions. Japan is the second-biggest seller of semiconductor equipment to China behind America. By signing up to Washington’s sanctions it closes a “major loophole” in the current restrictions, according to Jefferies, an investment bank. Analysts wonder if, the Dutch monopolist in the market for chip-etching machines, will keep selling equipment to China.
To avoid Uncle Sam’s cudgel, some Chinese firms are trying to distance themselves from their country of origin. TikTok has moved its headquarters to Singapore and downplays its links to ByteDance, its Chinese parent company. But severing those links is hard: engineers working on TikTok algorithms are still being hired in China, according to the. A few American states are seeking to ban the app from government-issued phones.
What does this statement seek to imply?.. ...a probable statement ..
Is nobble even a word? A combo of ‘no’ and ‘hobble’…?
Did you miss the part where the Chinese Communist Party Intelligence Services use all Chinese hardware and software companies for espionage, IP theft, and crowd control? It's not a business competition issue, it's a national security issue.
Trump changed the conversation on China...Obama/Biden did nothing...Trump kead and made the hard decisions...much easier for Biden to follow...although he did cancel the Trump microft/ tictoc deal that is coming back to haunt biden...
Thy can't FIGHT each other.. So thats only what Thy can do
Xhina needs to be ring-fenced until the CCP is overthrown by the decent people of China.
Apple si é venduta alla Cina. Apple ha venduto l'America , gli americani alla Cina XiJinping venduti ladri Oltre a rubare la vita d occidentali che vende al nemico amazon pagherete POTUS NSAGov NASA DeptofDefense A voi interessa Italy nuovo ordine mondiale?!
should've started earlier imo
Politics and economy hardly separate.Each of them excites each other.
This must be that “Global Warming “ everyone in power has their panties in a bunch about.
Hahahahaha I think I may love you.
TikTok has moved its headquarters to Singapore and downplays its links to ByteDance ,its Chinese parent company .
Free allanldsantos
Careful, this might make IP theft a little tougher for the mainland.
Chinese tech firms should just decouple from USA. It's a waste of time doing business with these cheating monkeys.
The tech industry is more into China than anything else they're the ones that got more in than what we have they produce more cheaply but they also have a lot more hate towards people just being honest
China 🇨🇳 is the best country. Credit score + 7474928 We are oppressed in China 🇨🇳 Credit score - 73738373 + Covid time
'Nobble'? When are we gonna get a Tweet edit function? FFS