White House unveils ban on US investment in Chinese tech sectors::Biden cites security risk as he restricts American capital for companies linked to China’s military
It’s smart, I don’t know how people will feel about it but it’s smart.
The US and China are in an escalating economic cold war. It’s goes completely against US interests to invest finite resources into growing the economy of an economic rival — and ditto for the converse of China investing into growing the US economy. Especially in an aggressively competitive economic sector where relative technological advancement is king for competitive purposes.
This is 40 years too late. That ship has sailed. China is a technologically advanced nation now. It can not be condemed to poverty by Americans.
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China did not invade Iraq. China does not carry out drone murders around the world.
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My point is that America is a violent and destructive force, and a threat to human civilization.
No, it can only be condemned to poverty by its own leaders unimaginable corruption.
America can thank God for that.
Last I checked the Chinese economy was doing great. They lifted hundreds of millions of people out of poverty.
Oh hey, a ban that actually makes sense.
40 years too late. China is more advanced than US now.
Thank God for Xi, Deng was smart enough to get China it’s massive leap into the modern age, and Xi is stupid enough to destroy all they’ve made.
Probably a good move honestly.
A great move 30 years after neoliberalism forced globalization down our throats and brought the planet to the brink of collapse in the name of exploiting the global south.
Like it or not China has become a huge threat, not just economically. they are not our allies by any stretch and we shouldnt treat them as such.
At least that’s what the current hegemon says to the world.
Where I an looking from, America is a far bigger threat to humanity. China did not invade Iraq or bomb Middle Eastern countries with drones.
Iraq was “liberated” and is now a safer place and a democracy. Jolly good work by the americans. Greetings from free Europe
Non paywall link?
