Why not blame Erdogan? Many of his policies build up this paper tiger in the Bospherous. His party actively support racist conservative Islamic ideology and if you really understand Turkey, Islamic fascism in disguise. China should avoid Erdogan's Turkish dilemma, and stay with IMF bailout...
Not defending Musk, but this whole Thai Cave story reeks. Bunch of kids spelunking 4 km deep without proper equipment and took rescuers 9 days to find them. How do you survive without food for 9 days and what in the world made their coach take the kids 4 km deep into a treacherous cave in the...
The entire idea behind global licensing is to cooperate among vendors. Even if UICC were to impose sanctions, how will they enforce these sanctions outside of Europe as an example? The patents lawsuits sound scary, but very little teeth in enforcement, especially against MNCs. Huawei...
Huawei licenses from ARM and depends on TSMC for Chip manufacturing, much has been accomplished but I wouldn't call Huawei self sufficient. Chip manufacturing is capital and knowledge intensive, even Apple still depend on Samsung to a large degree. Xiaomi is burning tons of cash expanding...
By the way, it's called multiculturalism in Canada. People have the freedom to honor and celebrate their culture including Vietnamese, Chinese, and oh my god...Tibetans. But whatever...you wouldn't know.
Donald and the Congress refuse to let ZTE die:
https://www.scmp.com/news/china/economy/article/2154896/zte-clears-another-hurdle-escrow-agreement-ban-still-place
I wouldn't call LeiJun an idiot, he's building an global ecosphere to take on Google and Apple. Xiaomi has far less commercial and...
Check the court order for ZTE infraction and read it. ZTE so far has only paid $361 million...ZTE "has" agreed to increase fines to US government to $1 billion from original $892 billion. I don't know where you get $1.6 billion from. Either way US government losses a billion, ZTE lost $20...
Please read carefully on the link. The first tract of payment (part of original fine) is only $361 million paid...amended Fine is plus $1 billion + 400 million in escrow for potential violations against new addendums. US legislative process do allow for further amendments, a rejection of...
Tax on USD not practical, USD still defacto reserve currency for trade, it's like self mutilation. China will do the opposite most likely and counter intuitive to laymen, buy more USD to strengthen bad commercial loan if a full trade war breaks out. Rmb is not ready as global trade currency...
Wait till Trump block call centers, vaunted IT servicea in emergent markets will fold like an inflatable xxx dolls. Restriction on BPO has far greater impact on improving US jobs than trade. It doesn't hurt US allies, and targeted nations can't really retaliate through WTO or trade, that's a...
So you understand Indian double talk, junkyard dogs are deeply entranched and highly entertaining in this forum.
Singaporeans are lucky, Malaysia is so cheap. Our entire west coast are now insanely expensive (Similar to Singapore) + we pay exorbitant high annual property taxes for upkeep.
AI/Machine learning is a danger to Mankind according to Musk...Everyone needs to be careful
https://www.cnbc.com/2018/03/13/elon-musk-at-sxsw-a-i-is-more-dangerous-than-nuclear-weapons.html
Full on trade war would be slash and burn. Maybe the only good thing to come out is we get rid of Trudeau, Trump, Merkle, Maduro and Bao-zi eventually.
China shouldn't help the VCP, which is inherently obtuse and morally corrupt. A democratic Vietnam is in China's best interest. Viet's on this board deserves an opportunity to witness the glory of democratic Vietnam. Vietnamese, especially the older generation are not very gentle souls...
US treasury just lost a billion dollars in revenue, ZTE didn't pay billions in extortion, and Qualcomm losses $2.4 billions. US treasury losses another half a billion in tax revenue. Net loss to US taxpayer, $1.5 billion. Defies common logic, just US politics losing touch with realities. I...
An example would be US Boeing aircraft or Catepillar equipment, which has high margins and high profits. Say China cancels $30 billions US aircraft and put tariffs on Catepillar, and profit is approximately usd(I am just arbitrally pulling # out of my head) $4.5 billion at 17x forward PE, net...
No offence to you Gambit, but you just proved my point. Despite the decline of manufacturing jobs, US has recovered from global financial crisis and still growing admirably. I think you should travel to China and see the scale of Chinese manufacturing(Shenzhen-Guanzhou corridor...
Deng said that in the 80's, we are now in the 21st century.
China has to stand up to US at some point, so a trade/financial war based on principal of global trade can only enhance long term global trade initiatives. We are only in initial stage of posturing despite these tariffs. I don't...