U.S. blacklists China's Huawei as trade dispute clouds global outlook
The United States has been lobbying for months to prevent its western allies from using Huawei equipment in their 5G deployment, and on Wednesday, Washington made it more difficult for the Chinese telecom titan to churn out those next-gen products.
The U.S. Department of Commerce announced it will add Huawei and its 70 affiliates to the so-called “Entity List,” a move that will prevent the telecom giant from buying parts and components from U.S. companies without approval from Washington. That confirms reports of the potential ban a day before.
Despite being the largest telecom equipment maker around the world, Huawei relies heavily on its American suppliers, giving the U.S. much leeway to hobble the Chinese firm’s production.
Following the dramatic move, shares of a gauge of Huawei affiliates slumped on Wednesday. Tatfook Technology, which sells to Huawei as well as Ericsson and Bosch, dropped 2.84% in Shenzhen in morning trading. New Sea Union Telecom, a supplier to China’s “big three” telecom network operators and Huawei, slid 4.88%. Another Huawei key partner, Chunxing Precision Mechanical, dropped as much as 5.37%.
Huawei did not comment directly on the Commerce Department’s blacklist when reached by TechCrunch, but said it’s “ready and willing to engage with the U.S. government and come up with effective measures to ensure product security.”
“Restricting Huawei from doing business in the U.S. will not make the U.S. more secure or stronger; instead, this will only serve to limit the U.S. to inferior yet more expensive alternatives, leaving the U.S. lagging behind in 5G deployment, and eventually harming the interests of U.S. companies and consumers,” Huawei hit back in the statement.
This view is congruent with some of the harshest criticisms of Washington’s backlash against Huawei. Scholars and industry observers warn that Chinese tech firms have become such an integral part to the global economy that severing ties with Huawei will do harm to 5G advancement worldwide.
In addition, the Chinese company said the U.S.’s “unreasonable restrictions will infringe upon Huawei’s rights and raise other serious legal issues,” though it did not spell out what those rights and legal concerns are.
The announcement dropped on the same day U.S. President Donald Trump declared “a national emergency” over technology supply chain threats from the country’s “foreign adversaries.”
The Commerce Department said it has a reasonable basis to conclude that “Huawei is engaged in activities that are contrary to U.S. national security or foreign policy interest.”
Some of the U.S.’s allies, including the U.K., are still investigating Huawei’s possible security threat and deciding how close a link they should keep with Huawei, but the Shenzhen-based company has already taken a bold step to give its potential clients some assurance.
Just this Tuesday, Huawei told reporters in London that it’s “willing to sign no-spy agreements with governments, including the U.K. government,” and commit itself to making its equipment “meet the no-spy, no-backdoors standard.”
The U.S.’s tit-for-tat with Huawei also includes the push to arrest the company’s CFO Meng Wanzhou on charges that Huawei did business in Iran in breach of U.S. sanctions.
Why the noun CCP instead of PRC? Whilst the PLA swears allegiance to the CCP etc., any actions are as a nation state hence the PRC.Three Ascendant Red Dragon Questions...
(1) If America was losing/lost a naval war with the Chinese Communist party so that Ameircan bases were destroyed in the Western Pacific and American surface ships were driven from the Western Pacific, would America engage in nuclear warfare against Chinese forces?
If America engaged in nuclear warfare with the Chinese Communist Party:
(2) is America's submarine force capable on its own of tracking and destroying all of the PLAN's 6 Type 094 Jin class nuclear ballistic submarines before they launch their JL-2 SSLBM?
(3) Can America protect itself from the Chinese Communist Party's ICBMs?
Reuters: Exclusive: Pentagon races to track U.S. rare earths output amid China trade disputeAn article which raises the possibility that the PRC is going to threaten to stop exports of rare earth minerals to the US. If an actual export ban happened, this would have devastating short to medium term impacts upon the US at many levels. Even the threat to do so will be bad enough.
China Raises Threat of Rare-Earths Cutoff to U.S.
Some might think the PRC have moved closer to Fascism than Socialism. I know fascism is a bit slippery in it's definition but the key features involve ultranationalism, single party state which is non democratic, authoritarian & militaristic; strong sense of historical grievance with equally strong sense of national destiny that evokes a nostalgia for the past, racism and intolerance of the 'other', a willingness to use violence to obtain domestic & foreign goals, a close relationship between the state and corporate entities. I think the PRC ticks most of those boxes.…..China as a third world socialist failed state that would lack the massive financial resources it now has.
some true, most are not.Some might think the PRC have moved closer to Fascism than Socialism. I know fascism is a bit slippery in it's definition but the key features involve ultranationalism, single party state which is non democratic, authoritarian & militaristic; strong sense of historical grievance with equally strong sense of national destiny that evokes a nostalgia for the past, racism and intolerance of the 'other', a willingness to use violence to obtain domestic & foreign goals, a close relationship between the state and corporate entities. I think the PRC ticks most of those boxes.
I'm not sure I would regard the PRC as a 'failed' state either, though it's funny how the mighty PRC is scared of Wikipedia (banned in all languages in April) and the terrifying Winnie the Poo. (banned for eternity).
even if its 2.3 its still much lower compare to US, also there is no fact to support its higher or not, just guessing. Even if its 4%, its still far off from US budget.I beg to disagree, weapon.
Chinese GDP on defence is 2.3% and many believe much higher. The PLA is very, very intimately connected with business, so by design a very strong steak of militarism pervades the society. They are also obviously undergoing a huge military build up in term of capability, on top of already having the largest military in the world.
National destiny - I think you must of missed a bit about 'the Chinese century', Han destiny, the ownership of the south china sea, the various bellicose pronouncements by PLA and ex PLA soldiers. Also you under estimate how much the century of humiliation drives the PRC.
There is a very strong racial element, you will find articles in the Chinese press mentioning Han purity and often making very derogatory remarks about their SE Asian neighbours.
China has regularly resorted to violence domestically, making their citizens into hamburgers with tanks is perhaps the most memorable, but the extent of their persecution of the Uyghurs, Kazakhs etc is pretty close to genocide. Pulling organs out of political prisoners is a pretty gross example of violence domestically, some of those poor, vivisected souls are not even anaesthetised.
India, Tibet and Vietnam may disagree with you regarding PRC military adventurism.
You are right about Saudi Arabia (and other US allies) but it is irrelevant to the argument.
I take your point about 'state capitalism', perhaps it wouldn't take much for an American leader to tip the US to Fascism. Perhaps it's lucky Trump is not smarter.
The forum does not accept of tolerate politics, especially when you talk about falun gong propaganda and then insulting people by talking about "organ pulling". The last comment is not acceptable. For your information the PRC occupation of Tibet is not accepted as legal by many nations, so do not presume to that and other spurious claims.even if its 2.3 its still much lower compare to US, also there is no fact to support its higher or not, just guessing. Even if its 4%, its still far off from US budget.
as for business, it has state business, and some large business such as ali, which may has ccp party within, but most med/small, and other business is privately owned. do you have some good link on this, not bias link but someone who actually study this?
i'm not under estimate about century of humiliation my wife is from there. They do remember the optium war etc, which they dont want to happen again, meaning they want to get stronger so it never happen. India also has ambition, any large/major power has that kind of ambition.
as for racial element, there are KKK in US, there are white supremacy radio station too, would you said US is racism? To generalize entire 1.4B base on few articles, thats really broad generalization. There are many chinese marry foreigner including africans. when ppl visit china, most people agree they are friendly. There will always be few nuts writing racism article etc whether in US or China.
I dont disagree on domestic violence against dissent. but these days its far less issue compare to 80s. My in-law actually badmouthing CCP in public place in china such as restaurant etc with his friend and other people. yet he still fine, if you goto weibo sometime you find post/article criticizing govt etc. Its only when things get alot attention and CCP belief it jeopardize their rule, then CCP start cracking down.
i dont know where you get all these pulling organ stuff, sound like falun gong propaganda to me. Though i agree in 90s, they do that to death role inmate after they been executed, but not today. (but this always been shaky since reporter has no way to report this without seeing it) . and almost all these news are coming from falun gong or its associate news outlet
as for tibet, its already done, and has been too long, just like israel occupy in gaza, there are more han chinese live in tibet than tibetan now.
India has border dispute with china true, but china has 14 neighbor, most have good relation with china.
For those of us interested in the military implications of the changing reality that is our South Pacific nations political elites slipping further and further under the control of the PRC, as testified to the New Zealand parliament on May 8th 2019 by New Zealand's leading academic researcher into the CCP Professor Brady, the Vanuatu Daily Post, the largest news organisation of the nation, reported for the first time in history on the existence of Chinese spies operating in Vanuatu - New Zealand's nearby neighbour and the very same South Pacific location where news broke in April 2018 of the PRC building of the largest wharf in the South Pacific to support its growing navy.the MSS and its activities in New Zealand and the South Pacific