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> it is obvious that the United States is capable and willing to throttle China on these "already substantial, but heading for decline things-that-matter market
by dis-sys 8y ago
> it is obvious that the United States is capable and willing to throttle China on these "already substantial, but heading for decline things-that-matter markets"
that is not very smart. the ZTE drama is a wake up call for Chinese, the message is loud and clear - US products are not reliable in term of its supply, it can be cut at any time for some stupid political reasons ordered by a moronic US president like Trump.
if you look at the whole story, it is push the lower limit of the business IQ -
- forcing your competitor to invest in high profit sectors
- telling your customers to rely on less American products by convincing them that the supply won't be reliable
US deserves a better president.
- rmk 8y agoPerhaps you have missed some facts. ZTE repeatedly (> 100 times) violated the terms of a court ordered probation, intentionally gave misleading information, despite being levied a > 1B fine (the original reason for sanctions: sending some US-origin items to Iran, obstructing justice, and making a material false statement). The Government decided to go this route after they realised that the sanctions route did not lead to the right behaviour. This would have been pretty uncontroversial under any other President. Read this for more detail on ZTE's malfeasance: https://www.justice.gov/opa/pr/zte-corporation-agrees-plead-guilty-and-pay-over-4304-million-violating-us-sanctions-sending https://www.justice.gov/opa/pr/zte-corporation-agrees-plead-...