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There's "We trade liberally, loss of trade would cripple our mutual economies" and there's "We made a fast buck off war profiteering by investing directly in b
by jvanderbot 3y ago
There's "We trade liberally, loss of trade would cripple our mutual economies"
and there's "We made a fast buck off war profiteering by investing directly in both (or one) side's military pipelines"
I think we'd like to avoid the latter, while preserving the former. I think VC is a good example of the latter.
> The lawmakers found that these firms invested at least $3 billion in, and provided expertise and other benefits to, People's Republic of China (PRC) critical technology companies, including many aiding the Chinese military, surveillance state, or the CCP's genocide in Xinjiang.
That's quite different than solar panels, healtcare tech, or electric cars, which might spur beneficial trade relationships. PRC is not going to export the sponsored kinds of tech to USA, which does nothing for trade. It's profit-motive.
- whimsicalism 3y agoThe things being discussed here are literally stuff like the basic technology you are describing. They are only 'investing directly in both side's military pipelines' in the way that investing in Amazon might be because they have the DoD as a customer. I don't think China should ban people from investing in Amazon because it helps the US military.