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Hey, Chinese money is bad. But Saudi money is more than welcome. 50% of Softbank's vision fund is from Middle East sovereign funds, who have even more brutal ce
by dmode 7y ago
Hey, Chinese money is bad. But Saudi money is more than welcome. 50% of Softbank's vision fund is from Middle East sovereign funds, who have even more brutal censorship laws and commits more brazen human rights policies. US policy is completely incoherent and probably explained by who pays the bribes to Whitehouse vs. any legitimate principles.
- chibg10 7y agoIt helps that SA isn't really a risk to export its censorship (among other ills) to the US in the near future. I generally sympathize with the position of rejecting Saudi money where possible, but it's inaccurate to frame US policy towards China in purely moral terms. In the case of China, there's a lot of ideological self-interest at stake for the US.
- felipelemos 7y agoIt's not incoherent, because the issue with China never was about human rights or censorship.
- hassancf 7y agoChina is a threat to US economic supremacy. And now they want to become independent from US technology etc... the US doesn’t see it that way. Saudi Arabia and the other Gulf states are vassals of the US. Not exactly the same level of threat if you ask me