Biden issues an executive order restricting U.S. investments in Chinese technology

Good!

The Chinese economy couldn’t synthesize a fart in a bean factory.

What it can do is steal intellectual property and technology and use it to destroy democracy.

One of the biggest mistakes of the Clinton administration was giving the Chinese access to “commercial” rocket technology, which they promptly used to increase the reliant accuracy of their ICBMs.

And economically, this measure along with falling exports, a falling currency and deflation, will knock the Chinese economy down a notch which will also have the effect of putting a muzzle on their ludicrous “wolf warrior” (More like Panda Pooh) diplomacy

Exactly the actions of such a person. It’s toothless. there is ab expectation to not represent or take money from CCP companies either, but didn’t stop his own son.

You see what he is telling donors privately is different than the public stance.

dont need to invest in China when they can just be allowed to steal all our secrets using Chinese nationals in our military (and educational institutes and labs and)

Fascist China's economy is about to implode. That's why fascist Pooh Bear Xi wants to start a war with Taiwan.

Galtieri tried a similar thing when his dictatorship was teetering on the brink.

The US should be supported squeezing fascist regimes. They suck.

https://asia.nikkei.com/Politics/International-relations/US-China-tensions/Biden-bans-some-U.S.-tech-investments-in-mainland-China-Hong-Kong

The order prohibits U.S. persons from making "certain transactions" in semiconductors and microelectronics, quantum information technologies and AI sectors and requires them to notify the Treasury Department when making such transactions.

kinda like you supposed to register as a “foreign agent” and claim and pay taxes on income received.

but when these are only enforced against your political enemies they mean nothing to anyone else other than a “supposed to do” type thing that has zero consequences if you just ignore it.

Just another short-sighted neo-con policy that will boomerang back at US industry and investors. Well, since it's World Cup time, let's call it an own goal.

Of course step two of this ever so international rules based order US presidency is to go around Europe and Asia and attempt to strong arm countries to do the same.

Both sides of the aisle have woken up to the Chinese government… The sleeping giant is finally waking up…

Most foreign investment is believed to be brought in by Chinese companies and disguised as foreign money to get tax breaks and other benefits, according to Chinese researchers.

Western oligarchical capital has been complicit with Chinese oligarchs in off-shoring and out-sourcing of labor in a race to the bottom of acquisition; leading to the rise of disaffection and lower living standards for many in the West. And the rise of populist rhetoric there.

the US has certainly created more political, economic and even proxy enemies than we can handle by now within the competence of the current people in charge.

Western oligarchical capital has been complicit with Chinese oligarchs in off-shoring and out-sourcing of labor in a race to the bottom of acquisition; leading to the rise of disaffection and lower living standards for many in the West.

I wouldn’t necessarily disagree with most of that statement entirely.

And the rise of populist rhetoric there.

I wouldn’t call it rhetoric, I call it a much needed wake-up call.

Why not just allow investments but the moment any technical information is exchanged, it's espionage charge time.

Even Trump fans support this. They just aren't able to articulate it.

BlacklabelToday 08:04 am JST

the US has certainly created more political, economic and even proxy enemies than we can handle by now within the competence of the current people in charge.

Russia has been our enemy since 1917. It's high time you learned that.

Not sure who to trust less, the Russians or the Chinese. Thus, why give them means to use against us, especially should a war arise. Russia has invaded Ukraine and China threatens to do the same every day in Taiwan. They both look eerily similar to their earlier days in the 1940s and 50s. As for giving either of them technology which could be used to wage war, why give them the ammunition to blow our own heads off with? Not sure where it might be written, but there's probably some Sun Tzu quote that fits here like: Use your enemy's weapons against him. Anyway, it seems best not to arm them with technology that could end up creating anything lethal. Abraham Lincoln once said that to test a man's character, give him power. Well, we've tried to lift Russia and China since the so-called end of the Cold War, they've become economically stronger than they ever were before, and now look at them. They're both more arrogant and dangerous than they were before. Why should we empower them to make war upon others?

the US has certainly created more political, economic and even proxy enemies than we can handle by now within the competence of the current people in charge.

Our daily dose of far-right hypocrisy....

They baselessly claim Joe and Hunter go easy on China because they have corrupt business ties - all a fantasy provided by a Chinese agent who played them for suckers...

https://www.nbcnews.com/politics/justice-department/gop-house-informant-indicted-allegations-was-agent-china-rcna93633

And then when Biden gets tough on China they blast him for "creating enemies"....

They flip and flop every day - giving the rest of us all a good belly laugh....

And they all go silent when you mention the decades-long millions Trump has given the CCP in clothing contracts or Ivanka's very suspicious "18 Chinese trademarks"....

https://www.voanews.com/a/china-grants-18-trademarks-in-2-months-to-trump-daughter-ivanka/4648146.html

Hypocrisy - thy name is MAGA-world....

Even Trump fans support this. They just aren't able to articulate it.

No one ever said that every now and the. Biden finds a surprise in a crackerjack box. I give credit where credit is due, I think most sane people would.

Our daily dose of far-right hypocrisy....

No, bank statements don’t lie.

They baselessly claim Joe and Hunter go easy on China because they have corrupt business ties - all a fantasy provided by a Chinese agent who played them for suckers...

Not according to former business partners bank records and audio recordings.

And then when Biden gets tough on China they blast him for "creating enemies"....

This is a first, so good on him, I give him some dab.

They flip and flop every day - giving the rest of us all a good belly laugh....

Not to the nation.

https://news.yahoo.com/sen-johnson-joe-biden-lied-031844545.html

And they all go silent when you mention the decades-long millions Trump has given the CCP in clothing contracts or Ivanka's very suspicious "18 Chinese trademarks"....

She was VP before or President??

Pressuring China with technological and economic pressure is a good plan by Biden.

His alliance enforcement, by making as many friends as possible within Asia and Australia strengthening relationships does stifle the Chinese economy. A reason why going to Vietnam is a good thing, as well.

Diplomacy in democracy govt. nations is prioritized with good communication, not the USA being isolated and jingoistic. The international allies all need to realize nationalism is a conservative roadblock to better relations and understanding. Cultural understanding should be open minded and fair, with qualities of humanity being a true factor, which leads to perceptive empathy, and lesser bias promoted from nationalism.

For America not to be kissing up to the dictatorial types is refreshing, as Biden takes a stand. For awhile there, the dictator wannabe was prioritizing self interest over democracy, and not just talking gold showers in Moscow, smooching Putin's butt at the same time.

Things are changing for the better with Biden, absolutely.

US companies couldn't do this themselves for the last 20+ yrs, they were required by shareholders to seek out partners in China to give all their intellectual property.

The companies have wanted the govt to place limits, to stop them and prevent shareholders from have a reason to oust the CxO and Board members who didn't look to China for less expensive imports and manufacturing. The US Congress wasn't behaving like an adult either - no laws on this. Biden is doing the right thing. Leveling the field, at least for US companies. Now they can seek other partners for cheaper manufacturing without being forced to turn over all the company secrets like China requires.

all a fantasy provided by a Chinese agent who played them for suckers...

same CCP backed company the Presidents son and brother got paid by.

I do find it somewhat amusing Biden thinks this will somehow slow China down

I find it way more amusing doing nothing is the MAGA way. To allow China and Russia to be kissed up to.

There is no evidence Joe Biden received money from Ukraine or China.

"But on Wednesday, the Republicans conceded that they had yet to find evidence of a specific corrupt action Mr. Biden took in office in connection with any of the business deals his son entered into. "

https://www.nytimes.com/2023/05/10/us/politics/hunter-biden-house-republicans-report.html

So, basically Biden has shut America's businesses out of the country that is dominating innovation in high tech.

He's either cutting America's nose off to spite China's face, or deluded (either by his advisors, or his age) that China isn't even more the global powerhouse on the science underlying technology than America was at it's height (when it comes to both volume in general, and 'high value' volume, the top 5 institutions producing peer reviewed scientific papers in EVERY one of the branches of science of each of the things Biden has chosen are in China. In most of them, that's true even of the top 10 institutions)

I find it way more amusing doing nothing is the MAGA way.

280 listed accomplishments debunks that noise

To allow China and Russia to be kissed up to.

Well, this is a first so again, it’s a baby step, but a much needed one, so good on him for once. Let’s see if he can stay tough on China going forward.

not really, I just dont consider this executive order for only "certain transactions" with a reporting requirement or some ineffective "sanctions" as being called "doing something".

There will be no consequences (for one political side) for not following the executive order so its basically looking like "(Biden family) business as usual".

Biden allies: Oh our transactions? they arent included! Years later: Oh sorry, we were supposed to REPORT these? we will do better next time!

There is no evidence Joe Biden received money from Ukraine or China.

No, there is more than enough evidence connecting his family to Ukraine and China, that’s an indisputable and irrefutable logged and recorded fact, however, there is no concrete evidence of connecting Biden to this, now anyone with a functioning cerebral cortex can already figure out it does, but whatever we think or feel is irrelevant, if the GOP can’t concretely prove Biden and the connection they can’t charge him with anything, but it doesn’t mean that the GOP will stop, that’s not happening as it shouldn’t, and won’t.

So, basically Biden has shut America's businesses out of the country that is dominating innovation in high tech.

This is untrue. In an aggregate ranking of most advanced technological countries, something subjective with no true standard, 10 sources were used and the rankings ended up with Japan, USA, South Korea and Germany top 4 with China at no. 9.

280 listed accomplishments debunks that noise

Golden showers is not an accomplishment.

bass4funk

post a link to evidence that shows Joe Biden received money from Ukraine and China. Your committee could find none.

Unlike Trump who has been indicted three times, Biden has not been indicted.

Our daily dose of far-right hypocrisy....

No, bank statements don’t lie.

More like Trump's hidden Chinese bank account...

https://edition.cnn.com/2020/10/20/politics/trump-china-taxes-financial-records/index.html

They baselessly claim Joe and Hunter go easy on China because they have corrupt business ties - all a fantasy provided by a Chinese agent who played them for suckers...

Not according to former business partners bank records and audio recordings.

Thoroughly debunked - they got played by a Chinese agent - how humiliating...

They flip and flop every day - giving the rest of us all a good belly laugh....

Not to the nation.

What?

And they all go silent when you mention the decades-long millions Trump has given the CCP in clothing contracts or Ivanka's very suspicious "18 Chinese trademarks"....

She was VP before or President??

Was she a government employee and member of Trump's inner circle?

Why did she get 18 fast-tracked Chinese trademarks in 2018 when she was serving as his "special" advisor?

I*n October, China’s Trademark Office granted provisional approval for 16 trademarks to Ivanka Trump Marks LLC, bringing to 34 the total number of marks China has greenlighted this year, according to the office’s online database. *The new approvals cover Ivanka-branded fashion gear including sunglasses, handbags, shoes and jewelry, as well as beauty services and voting machines.

China also granted provisional approval for two “Trump” trademarks to DTTM Operations LLC, headquartered at Trump Tower on Fifth Avenue in New York. They cover branded restaurant, bar and hotel services, as well as clothing and shoes.

https://apnews.com/article/0a3283036d2f4e699da4aa3c6dd01727

Voting machines? Chinese trademarks? Explain that one...

I guess Papa Joe hasnt been able to pick up any more paychecks since Hunter has been under investigation.

and Hunter testified under oath that he received CCP money. $664,000 from an energy company, to be exact.

fact. there would be no reason to censor publicly available trial testimony, unless its inconvenient.

its on topic, as the claims that he was NOT paid keep being made and not deleted as misinformation.

this is not even the 10 million in bribes that seem to be disputed, this is payments confirmed in court.

and for doing what for the CCP, exactly?