3 ms·

US will ban investment in 8 Chinese companies, including DJI

16 points by nickthegreek 5y ago

aritmo 5y ago
So it wasn't just Trump being Trump. It's US gov policy in the economic war. Archive link: https://archive.md/lOAx8 https://archive.md/lOAx8
- thghtihadanacct 5y ago
  All governments use economic policy to express disdain. China is using old school ghetto slavery to help hold up their economy. The US doesnt feel like supporting the 'peoples' industries that profit from it. Id speculate there are plenty of DJI drones watching the slaves.
alexfromapex 5y ago
It's always surprised me how available DJI drones are in the US, you can easily find them at Best Buy. What are the odds they aren't being used to spy on Americans?
- aritmo 5y ago
  The primary reason for the sanctions is the economic war. The US wants to hurt China financially.
  - thghtihadanacct 5y ago
    China is hurting themselves financially just fine (see Evergrande). If anything, the US and other economies are trying to mitigate their damage (no longer invest in bad actor companies and hopefully lock down tether). These other countries arent perfect but China is actively gaming the system to get a better position. I dont blame China, we all are of course, but I dont favor them either.
  - alexfromapex 5y ago
    I understand that as being the main motivator but in light of the recent Supermicro and Huawei incidents, and the recent escalations between the US and China, I can't help but wonder if lots of electronics manufactured in China are being "bugged" and drones would seem to hold high potential value for surveillance
stellcorn 5y ago
It's crazy as DJI is quite a popular brand in the US.
- dreamcompiler 5y ago
  Yes they are, and they phone home to China constantly. If you use a DJI drone, you're being spied upon. That's why the US DoD has banned them. https://www.theverge.com/2021/6/1/22463946/dji-drone-ban-pentagon-department-of-interior https://www.theverge.com/2021/6/1/22463946/dji-drone-ban-pen...
Shadonototra 5y ago
well, the free world is not that free ;) doesn't sound like capitalism anymore when they selectively ban powerful competition
- thghtihadanacct 5y ago
  Thats exactly capitalism. You may be thinking of 'free market' ... which the US never truly has been. This is also more a principle/security issue rather than US drone industries are struggling.

16 points by nickthegreek 5y ago

So it wasn't just Trump being Trump. It's US gov policy in the economic war. Archive link: https://archive.md/lOAx8 https://archive.md/lOAx8

thghtihadanacct 5y ago
All governments use economic policy to express disdain. China is using old school ghetto slavery to help hold up their economy. The US doesnt feel like supporting the 'peoples' industries that profit from it. Id speculate there are plenty of DJI drones watching the slaves.

alexfromapex 5y ago

It's always surprised me how available DJI drones are in the US, you can easily find them at Best Buy. What are the odds they aren't being used to spy on Americans?

aritmo 5y ago
The primary reason for the sanctions is the economic war. The US wants to hurt China financially.
- thghtihadanacct 5y ago
  China is hurting themselves financially just fine (see Evergrande). If anything, the US and other economies are trying to mitigate their damage (no longer invest in bad actor companies and hopefully lock down tether). These other countries arent perfect but China is actively gaming the system to get a better position. I dont blame China, we all are of course, but I dont favor them either.
- alexfromapex 5y ago
  I understand that as being the main motivator but in light of the recent Supermicro and Huawei incidents, and the recent escalations between the US and China, I can't help but wonder if lots of electronics manufactured in China are being "bugged" and drones would seem to hold high potential value for surveillance

stellcorn 5y ago

It's crazy as DJI is quite a popular brand in the US.

dreamcompiler 5y ago
Yes they are, and they phone home to China constantly. If you use a DJI drone, you're being spied upon. That's why the US DoD has banned them. https://www.theverge.com/2021/6/1/22463946/dji-drone-ban-pentagon-department-of-interior https://www.theverge.com/2021/6/1/22463946/dji-drone-ban-pen...

Shadonototra 5y ago

well, the free world is not that free ;) doesn't sound like capitalism anymore when they selectively ban powerful competition

thghtihadanacct 5y ago
Thats exactly capitalism. You may be thinking of 'free market' ... which the US never truly has been. This is also more a principle/security issue rather than US drone industries are struggling.