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Let's talk about China

JimW said:
early CCP texts and statements refer to the Taiwanese in the same bracket as Koreans.
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There’s no need to read between the lines when you ‘overhear’ Chinese visitors talking in Korea. They deffo see themselves as though they belong here and use their favourite racial epithet :mad:, along with the more acceptable :hmm: ‘wai guo ren’ when they clock whitey
 
gosub said:
www.euractiv.com

South China Sea tensions conceal a secret war to control the world’s Internet - Euractiv

The future of the entire internet will depend on which countries dominate the South China Sea, writes Maurizio Geri.
www.euractiv.com www.euractiv.com
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Therefore, a business-as-usual approach by America’s tech giants is likely to backfire – incentivising Malaysia to move closer into China’s orbit. The future of the global internet is at stake. If Malaysia falls under Chinese dominance, it will have significant repercussions across ASEAN, potentially inspiring other regional powers to follow suit in a domino effect.
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Bit keen this former senior NATO analyst. Eisenhower used the domino theory as an excuse for Vietnam
 
In a letter in today's FT Dr Jim Jin from University of St Andrews says
China’s government recently sent agricultural management teams (Nong Guan) to rural areas to regulate peasants’ economic and social life. It also reportedly began to “return forests to farmland”, a policy reversal designed to ensure future food supply, anticipating China could face a grain embargo if it invades Taiwan. Meanwhile, legal changes regarding wartime mobilisation and conscription have been passed and are being implemented (“Philippines and Taiwan list Chinese incursions”, Report, April 29).
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He thinks the west is wrong to expect Xi to be pragmatic and that there is urgent need for a settlement whereby Taiwan agrees 'no war, no independence' and China agrees 'no independence, no war' but I won't be holding my breath.

Paywall busted here: https://archive.ph/oU0rs#selection-1983.0-1991.12
 
Saudi Arabia in talks to join China-based ‘Brics bank’
Multilateral lender founded as competitor to west has struggled to raise funds because of Russia exposure
FT 27/05/23 https://archive.is/7Pvda
The NDB was set up in 2015 by the so-called Brics countries — Brazil, Russia, India, China and South Africa — to lend to development projects in emerging economies. It has lent $33bn to more than 96 projects in the five founding member nations, and has expanded its membership to include the United Arab Emirates, Egypt and Bangladesh.
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Saudi Arabia would represent another deep-pocketed shareholder as the NDB assesses its ability to mobilise funds, after the war in Ukraine raised concerns about the bank’s dependence on Russia. As a founding member Russia holds a stake of about 19 per cent stake in the bank.
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The NDB was forced to put on hold its Russia exposure of $1.7bn, or about 6.7 per cent of its total assets, and cease funding new Russian projects to reassure investors it was complying with western-led sanctions against Moscow.
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CIA chief made secret trip to China in bid to thaw relations
FT. 02/06/23 https://archive.is/dZMCf
Bill Burns is the most senior Biden administration official to have visited the country.
Biden has on several occasions asked the CIA director to conduct delicate missions, at home and overseas. Burns travelled to Moscow in November 2021 to warn Russian officials not to invade Ukraine.
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Several people familiar with the situation said Biden last year sent Burns to Capitol Hill in an effort to persuade then-House Speaker Nancy Pelosi not to travel to Taiwan.
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www.aljazeera.com

China’s Li says clash with US would bring ‘unbearable disaster’

At Asia security forum, Chinese defence chief says Beijing seeks dialogue with US and warns against NATO-like alliances.
www.aljazeera.com www.aljazeera.com
 
I am nervous about Taiwan. Many European and US businesses get their products made in Taiwan and China and one of the first reactions likely if China were to invade Taiwan would be trade sanctions.

Obviously companies like Apple are very exposed to China with 60% of iPhones made by Foxconn which although Taiwanese has massive plants in China.

But many companies are exposed to that risk.
 
weltweit said:
I am nervous about Taiwan. Many European and US businesses get their products made in Taiwan and China and one of the first reactions likely if China were to invade Taiwan would be trade sanctions.

Obviously companies like Apple are very exposed to China with 60% of iPhones made by Foxconn which although Taiwanese has massive plants in China.

But many companies are exposed to that risk.
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This hasn't gone unoticed either, especially since the Ukraine invasion impacting wheat supply (I think it's wheat).
Also Taiwan had loads of production issues during the pandemic causing bottle necks in component supplies - the same is true of china too at that time.
Although a lot of electrical component companies are US brand names they ultimately fabricated over there still.
Some companies have designed their electronics to be more robust to supply interruptions of one brand of components but still ultimately at risk by the fabrication still.in one country.
 
Thesaint said:
This hasn't gone unoticed either, especially since the Ukraine invasion impacting wheat supply (I think it's wheat).
Also Taiwan had loads of production issues during the pandemic causing bottle necks in component supplies - the same is true of china too at that time.
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I worry mainly about China taking action against Taiwan which they have threatened. The resulting trade sanctions would cause massive issues for western companies and companies in China and Taiwan.
Thesaint said:
Although a lot of electrical component companies are US brand names they ultimately fabricated over there still.
Click to expand...
Yes, there have been very difficult shortages of electronic components for western companies in part due to the troubles and shutdowns from Covid 19. Indeed they continue to this day.
Thesaint said:
Some companies have designed their electronics to be more robust to supply interruptions of one brand of components but still ultimately at risk by the fabrication still.in one country.
Click to expand...
 
yield said:
Chipmakers caught in the crossfire of rising US-China geopolitical tensions
21/08/22. archive.ph
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The South Korean ‘master’ of chips accused of sharing secrets with China
26/06/23 https://archive.fo/Tfe3R
“Too many South Korean engineers still see going to China as a legitimate career move, as opposed to something that poses a threat to national security and an existential threat to their country’s most important industry,” Forney says.
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He notes the irony that one of the reasons Korea has such an advanced semiconductor industry now is because of its own aggressive campaigns to acquire knowledge and expertise from the US and Japan in the past. “South Korea got to where it is now because they employed a lot of the same techniques in the 1980s and 1990s that the Chinese are using now.”
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weltweit said:
I worry mainly about China taking action against Taiwan which they have threatened. The resulting trade sanctions would cause massive issues for western companies and companies in China and Taiwan.
Click to expand...

They interviewed the CEO of a Taiwanese semi-conductor company. He said that if China invades one of their options is to blow up the manufacturing plant and offices to keep it out of the hands of the Chinese. They're working on moving some production to the US, but that could take years.
 
Yuwipi Woman said:
They interviewed the CEO of a Taiwanese semi-conductor company. He said that if China invades one of their options is to blow up the manufacturing plant and offices to keep it out of the hands of the Chinese. They're working on moving some production to the US, but that could take years.
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Aha. Yes even Trump was on about "onshoring" ..

The Chinese invading Taiwan could royally mess with Apple's business model.
 
yield said:
Saudi Arabia in talks to join China-based ‘Brics bank’
Multilateral lender founded as competitor to west has struggled to raise funds because of Russia exposure
FT 27/05/23 https://archive.is/7Pvda
Click to expand...
Algeria applies to join BRICS, would contribute $1.5 billion to group bank
TUNIS, July 21 (Reuters) - Algeria has applied to join the BRICS group and submitted a request to become a shareholder member of BRICS Bank with an amount of $1.5 billion, Ennahar TV quoted Algerian President Abdelmadjid Tebboune as saying.
It added that Tebboune said at the end of his visit to China that Algeria had sought to join the BRICS to open new economic opportunities.

The North Africa country is rich in oil and gas resources and seeking to diversify its economy and strengthen its partnership with countries such as China.
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