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Saturday, May 25, 2019

How this US-China trade war will remake the world

New world order: People visit the bund in front of Shanghai's financial district of Pudong. The US-China trade war looks like the beginning of a profound break in the global order. As China and the United form two opposing economic and geopolitical coalitions, the rest of the world will be forced to choose. - Reuters

President Donald Trump has long said the goal of his trade policy is simply to get better deals for Americans. But as the trade war intensifies, it seems increasingly likely that his policies will lead to something more: a lasting break with China and a new alignment of global power.

First, consider the evidence for the break.

The current impasse in trade talks was sparked by a sudden change in terms on the part of the Chinese negotiators.

This change likely caught the administration off guard, but Trump’s response is notable: He immediately ramped up tariffs, then announced a ban on business with Chinese telecommunications firm and national champion Huawei Technologies Co.

These actions have backed Chinese President Xi Jinping into a corner and turned the trade dispute into a matter of Chinese national pride.

This limits the possibility not only of a quick resolution, but also of the chances that the Chinese people will accept any concessions to the US.

Trump’s handling of this situation stands in sharp contrast to his negotiating strategy on other issues.

Though the president railed against NAFTA throughout his campaign, he’s touted its replacement as a huge success, even though it is only cosmetically different, and has been willing to suspend his tariffs on Canada and Mexico to ease its passage through Congress.

Likewise, Trump has been more than willing to trumpet his successful negotiations with North Korean leader Kim Jong Un even though the evidence for such success is thin.

Meanwhile, the president’s tough talk against Europe and Japan for their trade practices, and against NATO allies for their defence spending, has been mostly bluster.

When it comes to China, however, the president is doubling down.

He has encouraged US supply chains to move out of China and established subsidy programmes to cushion farmers from the effects of a protracted trade war.

Which leads to the long-term implications of this battle. A protracted trade war would almost guarantee a global realignment.

Supply chains that run through both the US and China would constantly be subject to disruptions, so global manufacturers would have to decide whether to pursue an America-centric or China-centric strategy.

That’s already the case in the digital sphere, where Chinese restrictions on the Internet divide the world into two parts: that which is served by US tech giants such as Google and Facebook, and that which relies on Chinese firms such as Baidu and WeChat.

China’s threat to cut off US access to rare-earth minerals points to a potential bifurcation in commodities markets as well.

The trend is clear: As China’s economic and geopolitical power grows, countries within China’s sphere of influence will feel increasing pressure to integrate their economies with Chinese supply chains and multinationals rather than American ones.

At the same time, as my Bloomberg Opinion colleague Tyler Cowen points out, the rise of China is a main driver of populist sentiment in the UK and Australia.

This creates political pressure in those countries for further isolation from China.

In the US, Trump has made it clear that he sees the trade war with China as politically advantageous for him, and he’s probably right.

It’s probably also true that this anti-China sentiment will outlast him.

Break in global order

Add up all these factors, and the US-China trade war looks like the beginning of a profound break in the global order. As China and the US form two opposing economic and geopolitical coalitions, the rest of the world will be forced to choose.

Maybe the European Union can form a third unaligned pole, as France and Germany’s membership in the EU (and the UK’s absence from it) provides them with the negotiating power to avoid falling under the Chinese or American sphere of influence.

Of course, in some ways this type of multipolar alignment would be a return to the past. The dual-superpower world that existed for much of the second half of the 20th century was always an exception, and the era of American supremacy that began after the collapse of the Soviet Union was never going to last.

Until recently, however, a new kind of bipolar arrangement seemed possible: a kind of competitive partnership between China and the US, with the EU playing a supporting role.

The events of the last few weeks have left that looking increasingly unlikely. — Bloomberg Opinion

By Karl W. Smith , a former assistant professor of economics at the University of North Carolina’s school of government.

Source link


Read more : 

The Tech Cold War Has Begun - Bloomberg 

China now has no choice but to pursue technological independence, and will burn the cash to achieve it. ... A similar process took place when ZTE Corp. was banned from buying U.S. products after reneging on a deal to settle charges of breaking trade sanctions. ... The U.S. ended up 

 

Another Long March begins

Chinese President Xi Jinping said that "we are on a new Long March now" during his inspection tour of Jiangxi Province this week and encouraged people to gain strength from the spirit of the Long March to overcome difficulties and obstacles, China's state media outlets reported on Thursday.

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https://youtu.be/oiGm2E8BaC4 Martin Jacques Martin Jacques (2012) Born 1945 (age 73–74) Coventry , England, Great Britain, U.


 
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Huawei Technologies CEO Ren Zhengfei says Huawei would be "fine" even if Qualcomm and other American suppliers would not sell .
 

Friday, May 24, 2019

Why does the West fail to understand China? The West misreads, China is rising, said Cambridge Prof

https://youtu.be/oiGm2E8BaC4


Martin Jacques
Martin Jacques (2012)
Born1945 (age 73–74)
Coventry, England, Great Britain, U.K
NationalityBritish
EducationKing Henry VIII School, Coventry
Alma materUniversity of Manchester (B.A.)
University of Cambridge (PhD)
OccupationEditor, academic, author
WebsiteMartinJacques.com


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Huawei could end up challenging Google

 




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Huawei Technologies CEO Ren Zhengfei says Huawei would be "fine" even if Qualcomm and other American suppliers would not sell .



Read  Source link: US, China: Frenemies? - World | The Star Online  Professor who predicted clash between great powers talks abo..

Huawei could end up challenging Google


Google Ban Huawei 谷歌封杀华为 || Epic Asian

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Interview With Ren Zhengfei, Founder And CEO Of Chinese Telecom Giant Huawei | TIME

  https://youtu.be/Nl2jCWDwE8w

BY imposing restrictions on Huawei Technologies Co, the administration of US President Donald Trump may force the Chinese company to do something that no one in tech has dared to do for a long time: Challenge Google’s control of the Android universe, which earned the US company a huge European fine last year.

Huawei faces two big threats from US technology export restrictions. One is the loss of American components for its products, a blow it cannot parry immediately if it wants to keep making top-flight smartphones.

The other is the potential withdrawal of its Android license, which would stop Huawei from preinstalling the latest Google-approved version of the operating system and some key services Western users see as necessary - above all Google’s Play Store, the biggest repository of Android apps.

This particular obstacle could, under the right conditions, turn into a Huawei strength in Europe, a market that accounts for almost a third of the company’s smartphone unit sales, according to market analytics company IDC.

Last July, the European Commission fined Google €4.34bil for imposing illegal restrictions on smartphone manufacturers. In exchange for the right to preinstall the Play Store, they had to agree, among other things, not to sell devices running versions of Android not approved by Google: so-called Android forks. These operating systems are developed from the open source version of Android, which anyone can use, including Huawei if the US bans it from using American technology. Amazon.com Inc’s Fire OS is the best-known Android fork today, though there are others around.

The commission wrote that by obstructing the development of Android forks, Google and its parent company Alphabet Inc “closed off an important channel for competitors to introduce apps and services, in particular general search services, which could be pre-installed on Android forks.”

In its ruling, it made a strong case for forks as platforms for Google-independent innovation that, if they were allowed to spread widely, could have curbed Google’s market dominance in various areas.

Google has appealed the ruling, but it has also removed restrictions on handset makers to avoid further fines. This, however, hasn’t led to the proliferation of alternative platforms based on open-source Android: Big phone makers are locked into comfortable relationships with Google and see no need to experiment. Days after the European Union fined Google, Huawei, at the time the biggest phone manufacturer that provided an easy opportunity to install alternative Android-based operating systems on its devices, ended the programme without explanation.

If Google takes away the Android license, it’ll yank Huawei out of its comfort zone. The company isn’t likely to give up the European market without a fight, after spending billions of dollars developing a customer base. Consumers in some European countries now appear to be put off Huawei by the US attack, although, paradoxically, it appears to have fuelled the brand’s popularity in France.

France for Huawei

Percentage* of consumers who say they'll consider buying a Huawei device when they're next in the market for a smartphone
Source: YouGov BrandIndex

The company has said it developed its own operating system (likely an Android fork), and it’s been trying to lure developers to its app store.

If the US stops Huawei from preinstalling the Play Store, the Chinese manufacturer probably won’t spend much time educating consumers on how to install it on their own (the way people do now with phones bought in China).

That’s not what most users expect on a new, expensive device. Instead, Huawei will want to offer developers an easy way to sell apps not just in the Google store but also in one preinstalled on Huawei devices - to “multi-home” them.

Huawei hasn’t been eager to get into an open confrontation with Google, which was a valued partner.

But a breakup ordered by the US government changes things. Huawei, with plenty of resources of its own (and most likely with support from the Chinese government, determined to fight back against the US), could soon be investing heavily in the marketing and improvement of an Android fork. Given Huawei’s marketing potential, the effort isn’t necessarily doomed. And it could boost Asian and European developers deterred from competing in some areas - such as mapping, video services or even search - by Google’s enormous power.

Given the pushback in recent years against US tech companies’ relentless data collection and the widespread mistrust of Trump’s administration in Europe, there could well be demand for a Google-free phone from a major manufacturer known for superior hardware.

I know I’d be interested, and the French would probably lap it up, judging by their reaction to the US threats. The EU regulators, too, might be intrigued to see evidence that perhaps the Google antitrust ruling didn’t come too late.

This is something of a utopian scenario, I know. Huawei may never need to go on the warpath against Google: The US and China could strike a trade deal that would make the specter of restrictions go away.

Or, if Huawei is banned from buying US technology, it could find itself unable to produce marketable phones for a while. And, of course, it is a company from Communist China, making it difficult for European regulators, and even for private developers, to embrace it as a savior from the overly dominant US tech companies.

Monopolies in tech don’t last forever, however.

Sometimes they just need a push to start showing cracks. If the US moves against Huawei, it might be unknowingly giving such a push to Google in the smartphone market. — Bloomberg Viewpoint

Source link



Read more:

China will emerge victorious from US tech crackdown folly


But it needs a lot of time. During this process, China cannot avoid paying a price and will have a difficult time. But Huawei still has a domestic market of more than a billion Chinese people and the market of the Third World countries. When the Trump administration cracks down on Huawei, the US also goes through hard times. The final victory will certainly be China's, but China must have adequate determination and endurance.

Huawei Accuses U.S. of Bullying as It Seeks Support From Europe - WSJ

Govt seeks Asian support  

Even with trade war, Asia bond investors sleep better at night


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KUALA LUMPUR: It looked like the start of semiconductor manufacturers’ nightmare when US President Donald Trump fired another salvo in t...

Thursday, May 23, 2019

Huawei ban: Risk or opportunity for M'sian tech companies? US-China trade war a boon


KUALA LUMPUR: It looked like the start of semiconductor manufacturers’ nightmare when US President Donald Trump fired another salvo in the escalating US-China trade war by blacklisting China’s mobile phone equipment giant, Huawei Technologies Co Ltd.

The act sent shock waves along the supply chain of the global semiconductor industry, sparking strong sell-offs in semiconductor companies’ shares worldwide. The same was seen in Malaysia, which caused the Bursa Malaysia Technology Index to sink 3.47% on Tuesday — the biggest loser among the indices — led by companies linked to the industry.

But it may not be a losing battle in the long run, at least not for Malaysian companies. The trade diversion that will arise from Huawei’s ban in the US, which effectively cuts off US chipmakers from the supply chain of Huawei — the world’s largest provider of networking gear and the second-largest smartphone vendor — may benefit domestic players here.

Pentamaster Group Bhd co-founder and chairman Chuah Choon Bin told The Edge Financial Daily that he expects the group’s telecommunications segment to see a 20% to 30% decline in sales as a result of Huawei’s blacklisting in the US. The contraction may take away some 18% in total sales it anticipates for the year.

However, Chuah said Pentamaster may also stand to benefit from the ban, as he expects China will become more aggressive in ramping up their product developments in the face of what happened to Huawei.

So, he sees a silver lining for the group in the form of trade diverted from US chip suppliers to those located elsewhere, possibly in Malaysia, where Pentamaster supplies chip tester equipment or automated tester equipment.

As such, Chuah does not expect Pentamaster to be greatly affected by Huawei’s ban in the US. In fact, the eventual tally may show Pentamaster gaining from the situation.

Pentamaster was among the technology counters on Bursa Malaysia that took a beating on Tuesday, following the news on Huawei’s ban.

Its shares sank as much as 29 sen on Tuesday to RM4.05, before easing to settle at RM4.10, down 24 sen or 5.53% at market close. It was one of the top losers in Bursa Malaysia’s Technology Index, which retreated to 30.9 points, dragging the FBM KLCI down 0.1% to close at 1,603.74.

Other semiconductor stocks that were badly hit include: Inari Amertron, which fell 10 sen or 6.67% to RM1.40; Mi Technovation Bhd, which was down 11 sen or 6.43% to RM1.60; Globetronics Technology Bhd, which retreated 10 sen or 5.92% to RM1.59; and Frontken Corp Bhd, which fell eight sen or 5.63% to RM1.34.

Nonetheless, the rebound on Wall Street among semiconductor stocks that were bogged down by fears over the trade war’s ripple effects, raised hope that its peers in Malaysia may follow suit, if the upward trend seen on Tuesday is sustainable.

The share price recovery was fuelled by the temporary 90-day reprieve that was granted to Huawei on Monday. The initial ban was to take effect on May 20. The Philadelphia Semiconductor Index gained 2.1% to end a three-day slump on Tuesday.

“The disruption to (the) supply chain will definitely be negative in the short term,” said an analyst who tracks the semiconductor industry, citing as example people who are considering switching mobile phones after the news that Alphabet Inc’s Google would be cutting off the supply of hardware and selected software services to Huawei once the 90 days is up.

“The trade war seems like breaking the supply chain into two ... this is going to be bad in the short term. But if China cannot get their supply from the US, they are likely to turn inwards ... [or to] countries like Malaysia,” the analyst added.

A Singapore-based fund manager commented that Malaysian tech companies presently do not have much to do with Huawei. But the ban is causing everyone in China to sit up and rethink their supply chain strategy. “In short, no one will believe in the US [anymore]. It is not a reliable and credible supplier. What it means is that it is positive for some of those tech companies in Malaysia that can offer what the Chinese need,” he said.

Some analysts, however, have a more cautious stance, saying it is too early to draw any conclusions on the matter given that it is hard to predict any retaliatory moves the two countries could make. The lingering concern remains that any slowdown in international trade volume will not augur well for the world economy, including Malaysia. Meanwhile, some have pointed out that the valuation of Malaysian semiconductor stocks are relatively higher compared with elsewhere.


Read more:


  US-China trade war a boon 



Pentamaster still confident of another record earnings year


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China won't accept unequal trade deal

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Growing US pressure won't force China to submit 


The US Department of Homeland Security warned that drones pose a potential information risk because they contain components that can compromise users' data and share information on servers other than users.

Since nearly 80 percent of the Unmanned Aerial Vehicle (UAV) drones in North America are produced by China's Dajiang Innovation (DJI), a Shenzhen-based company, analysts generally believe that tarnishing DJI's reputation may be laying the groundwork for taking actionsagainst DJI.

DJI is the world's largest producer of civilian drones and is said to control more than 70 percent of the world's civilian drone market. The drones it produces are not only good in quality but also cheap. Many products are under $1,000, so they are popular and increasingly versatile.

The US military is also a DJI drone user. The use of DJI drones by the US military has not completely stopped following the controversy over its information security. This shows that while the US has real concerns about the information security risks of DJI UAV , there is no real evidence to support such concerns.

The US Department of Homeland Security raised the issue of the information security risks of UAV to increase leverage and pressure on China after the US decision to cut off supplies to Huawei. It seems Washington is in a hurry to press China to make concessions and reach a trade deal at an early date beneficial only to the US.

The vast majority of users in the US use DJI drones in non-classified areas. The airspace over sensitive US institutions is closed to drones and there is another set of security measures that have nothing to do with the use of DJI drones in the US market. The prevention of forest fires, assistance with construction layouts, and the development of express delivery services to remote areas are obviously not the direction that intelligence agencies are aiming for. It is hard to believe that DJI has an incentive to engage in "intelligence activities" at the risk of being shut out of international markets.

The US is abusing the concept of national security. It is the US that was caught a few years ago spying on the leaders of its allies. It is now saying that Beijing's intelligence threat is everywhere. A big part of it is putting on a show. It may be partly because the US does install a lot of "back doors" into its electronic exports, Washington thinks other countries will do the same.

China will not fall into the trap to make unconditional compromises as Washington increases its pressure. If the US cracks down on Chinese companies, American consumers and suppliers will also suffer losses.

The US is having a profound effect on the global economic order by abusing national security and trampling on commercial principles. Current US administration is destroying the reputation and national image that generations of Americans have built. Such arrogance and hegemony are by no means good signs for the US..

Read more: 

US orchestrates self-defeating maneuvers

Chinese people do not know whether we should call US approaches hegemonic politics or profiteering politics. But in short, they are crooked means. The threat of tariffs will not work. Neither will US threats against Chinese companies create a shock wave against China. The US is picking a wrong opponent at a wrong time. It will find no way of crafting a good result from a strategic mistake.

https://youtu.be/QrSXTGDdgh8

世界级影响!封杀华为问题已超过中美经贸问题!美国沉不住气,特朗普后院起火!
  https://youtu.be/h7ACR5g-cKM

华为公开宣布主权!5G不再共享!所有工厂撤离美国,美股瞬间暴跌,特朗普全完了!


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https://youtu.be/r1DPqBtykWk

中國是世界上唯一的文明!
https://youtu.be/XixqLWWTeEw

"What China Will Be Like As A Great Power" : Martin Jacques Keynote (32nd Annual Camden Conference)


https://youtu.be/uBjvklYLShM
http://www.you-books.com/book/M-Jacques/When-China-Rules-the-World


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https://youtu.be/dtT0rHgJ9-I


Growing US pressure won't force China to submit 


The US Department of Homeland Security warned that drones pose a potential information risk because they contain components that can compromise users' data and share information on servers other than users.

Since nearly 80 percent of the Unmanned Aerial Vehicle (UAV) drones in North America are produced by China's Dajiang Innovation (DJI), a Shenzhen-based company, analysts generally believe that tarnishing DJI's reputation may be laying the groundwork for taking actionsagainst DJI.

DJI is the world's largest producer of civilian drones and is said to control more than 70 percent of the world's civilian drone market. The drones it produces are not only good in quality but also cheap. Many products are under $1,000, so they are popular and increasingly versatile.

The US military is also a DJI drone user. The use of DJI drones by the US military has not completely stopped following the controversy over its information security. This shows that while the US has real concerns about the information security risks of DJI UAV , there is no real evidence to support such concerns.

The US Department of Homeland Security raised the issue of the information security risks of UAV to increase leverage and pressure on China after the US decision to cut off supplies to Huawei. It seems Washington is in a hurry to press China to make concessions and reach a trade deal at an early date beneficial only to the US.

The vast majority of users in the US use DJI drones in non-classified areas. The airspace over sensitive US institutions is closed to drones and there is another set of security measures that have nothing to do with the use of DJI drones in the US market. The prevention of forest fires, assistance with construction layouts, and the development of express delivery services to remote areas are obviously not the direction that intelligence agencies are aiming for. It is hard to believe that DJI has an incentive to engage in "intelligence activities" at the risk of being shut out of international markets.

The US is abusing the concept of national security. It is the US that was caught a few years ago spying on the leaders of its allies. It is now saying that Beijing's intelligence threat is everywhere. A big part of it is putting on a show. It may be partly because the US does install a lot of "back doors" into its electronic exports, Washington thinks other countries will do the same.

China will not fall into the trap to make unconditional compromises as Washington increases its pressure. If the US cracks down on Chinese companies, American consumers and suppliers will also suffer losses.

The US is having a profound effect on the global economic order by abusing national security and trampling on commercial principles. Current US administration is destroying the reputation and national image that generations of Americans have built. Such arrogance and hegemony are by no means good signs for the US..

Read more: 

US orchestrates self-defeating maneuvers

Chinese people do not know whether we should call US approaches hegemonic politics or profiteering politics. But in short, they are crooked means. The threat of tariffs will not work. Neither will US threats against Chinese companies create a shock wave against China. The US is picking a wrong opponent at a wrong time. It will find no way of crafting a good result from a strategic mistake.


https://youtu.be/QrSXTGDdgh8

世界级影响!封杀华为问题已超过中美经贸问题!美国沉不住气,特朗普后院起火!
  https://youtu.be/h7ACR5g-cKM

华为公开宣布主权!5G不再共享!所有工厂撤离美国,美股瞬间暴跌,特朗普全完了!


https://youtu.be/1rqJg_seI1s

https://youtu.be/r1DPqBtykWk

中國是世界上唯一的文明!
https://youtu.be/XixqLWWTeEw

"What China Will Be Like As A Great Power" : Martin Jacques Keynote (32nd Annual Camden Conference)


https://youtu.be/uBjvklYLShM

http://www.you-books.com/book/M-Jacques/When-China-Rules-the-World


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华为不惧美国封杀 美式霸凌失道寡助!Huawei's goodwill gesture being treated unscrupulously by the US ! 


Wednesday, May 22, 2019

华为不惧美国封杀 美式霸凌失道寡助!Huawei's goodwill gesture being treated unscrupulously by the US !

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《今日关注》是CCTV中文国际频道播出的时事述评栏目。该栏目紧密跟踪国内外重大新闻事件,邀请国内外一流的专家和高级官员梳理新闻来龙去脉,评论新闻事件的影响和发展趋势。

中国财经报道》 任正非:美国政客低估华为的力量


https://youtu.be/8Y8kjVoZvgA

任正非接受中央广播电视总台等媒体采访,任正非:美国政客低估华为的力量;摩根士丹利:美加征关税或致全球经济衰退;东航正式就波音737,MAX停飞损失向波音公司提出索赔。 《中国财经报道》原“整点财经”,联通全天频道财经资讯滚动递进式播出,形成频道财经资讯流。向受众提供即时国内国际财经新闻资讯,及时报道足以影响普通投资者重大利益的变化。

https://youtu.be/rhBHOaZSjPk

【栏目介绍】 离你最近的热点新闻,给你最快的新闻现场,予你最深的剖析解读,《今日亚洲》栏目携手亚洲30家强势媒体,独家资源、权威学者、专业制作,倾力打造亚太时事述评新闻高地。

https://youtu.be/bTuJT1oLdA4
#財經八點檔 #非凡貿易戰 #華為

【財經八點檔】暫緩禁令90天美國怕了?華為嗆沒意義 中國網友力挺:全面拋棄蘋果! 商用到軍用"大疆"好神!白宮盯上中國無人機巨頭控竊密│非凡新聞│20190521


首发!任正非最新回应:需要跟世界霸主较量!不需要90天临时执照!!!

https://youtu.be/E-GDyvUgg3o

专家批驳“美国重建中国论” 纯属荒谬说法 中国发展靠自己

https://youtu.be/HJRvnyfAVu8

Huawei products should not be linked to politics: Ren


U.S. ban not to affect Huawei's high-end and 5G products: Ren

  https://youtu.be/Yz6tKCEhvqA

Huawei is a commercial company, and the use of its products is a choice for consumers based on their likes and should not be linked to politics, said Ren Zhengfei, founder and president of Huawei Technologies Co. Ltd. on Tuesday.

Ren made the remarks after the Bureau of Industry and Security (BIS) of the U.S. Department of Commerce put Huawei and its affiliates on an "Entity List," which would restrict the sale or transfer of U.S. technologies to the company. The ban has triggered opposition from markets worldwide.

Huawei maintains mass production capacities for specific key components, including chips, and the U.S. ban will not result in negative business growth, Ren told reporters.

The telecommunications giant projected slower but positive growth this year.

Huawei posted a 39 percent year-on-year revenue growth in the first quarter of the year. The growth has slowed slightly in the second quarter, but the slowing will not hurt the company, Ren said.

"Huawei had made preparations for the extreme situations even before the Chinese Lunar New Year," he said.

He noted, however, that it would not reject the U.S. supply chain, citing Huawei's announced purchase of 50 million chips from Qualcomm in 2018.

"As long as the U.S. government allows U.S. companies to export the components, Huawei will continue to buy while sticking to its own research and development," he said.

Ren said he appreciated the support of a large number of U.S. components suppliers over the years, and they are also lobbying for the easing of U.S. government-imposed restrictions.

He said Huawei is also in talks with companies like Google for potential remedy solutions, he said.

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Read more: 

Ren's mind-set fit to face down US

China can hardly make the US clear about all these issues. The only option for China is to do its own things well and accept the fact that the China-US trade war will last in the days that follow. As China becomes stronger, it will eventually see the US willing to reflect upon itself.

Homegrown BeiDou system guarantees industry safety

The overall output value of China's satellite navigation and positioning services industry reached 301.6 billion yuan ($43 billion) in 2018, up 18.3 percent on a year-on-year basis, with the country's home-developed BeiDou satellite system contributing 80 percent to the core production value, reads an official white paper.
 

China launches new BeiDou navigation satellite

China sent a new satellite of the BeiDou Navigation Satellite System (BDS) into space from the Xichang Satellite Launch Center in Sichuan Province at 11:48 p.m. Friday.


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Tuesday, May 21, 2019

The TRUTH about Trump HUAWEI BAN ! What is Huawei really guilty of ? Can't beat them, ban them, tell lies !

https://youtu.be/5zyCapbIFkg

https://youtu.be/KzvvVCQJwpE

https://youtu.be/KcIPbeFqFBY

https://youtu.be/ZAzBTYqtgDs  

Trump Lies About His Trade War with China: A Closer Look

https://youtu.be/rG9-8wmtOUM >

Huawei 5G LIES!

https://youtu.be/IfxfdHJ3k9Y >

Why does the U.S. expect China to accept an unequal treaty?

https://youtu.be/ez2SzXW5Q_8

US relies on deception and is most afraid of protracted trade war


The economic data of China and the US for the month of April was not good. There are divergent views on the reasons for China's declining retail sales growth rate and especially, its industrial output growth. But amid China's overall expectations that a trade war could have some impact on the economy this year, one month's unsatisfactory data is socially and psychologically affordable.

The problem for the US is that the government won't admit that a trade war would have a negative impact on its own economy. Instead, the Trump administration advocates that tariff revenue is a good option for the US to boost economic growth.

In fact, Chinese society's understanding of the current situation is very objective, and the official and civil understanding is echoed by each other. Chinese society is confident in the country's broader economic prospects, based largely on the country's enormous economic potential and the government's ability to take strong measures to minimize the negative impact of a trade war and contain possible unexpected risks. In addition, it is believed that as long as China resists the pressure, the US will sign the agreement with China sooner or later, because the US also feels uncomfortable.

Most of those tariffs will be shared by American importers and consumers, and it is against the common sense of international trade for the US government to insist that tariffs are paid only by Chinese export enterprises.

If the White House now publicly acknowledges the negative impact of the trade war on itself and is still able to unite the US society, then the trade war will be even more difficult for China to deal.

The US side has created a false impression that it is strong, but in fact it is weak on the inside. If the US side wants to fight, we may as well do so. China also has modest demands, namely, to safeguard its sovereignty and uphold the principle of equality in China-US relations.

In a worst-case scenario, China would suffer losses which it could still afford. The great leeway of our society can certainly have a considerable damping effect. Under better circumstances, we can quickly build resilience so that China's economy will once and for all reduce its excessive dependence on the US market, and people's interests are better protected in the long run.

The US trade war with China will build up into a political bubble as it diverges from reality. We just need hold our breath, and try to do our own thing as much as possible. It will gradually deflate on its own.

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Related post:

Huawei does not need US chips: CEO on Trump export ban

 

Read more:

Supply cut-off cannot stifle Huawei

The pain inflicted on China is temporary. But what the US has to face is growing long-term pain. The so-called decoupling with China is very likely the real beginning of US decline.


China's strong stand benefits Japan, Europe

While China has a quite different political system and ideology than Europe and Japan, China has given both much more respect than they have received from the US. Multipolarization and multilateralism should be the most important principles of the world. No country's interests are allowed to override those of others, and no nation should determine the future of the globe in a unilateral way. China, Europe, Japan and other countries share the same interests on this issue

Europe's scrutiny results prove Huawei "innocent": China FM spokesperson

The results of Europe's scrutiny on products by China's Huawei Technologies Co., Ltd. have proven the company's "innocence," a Chinese Foreign Ministry spokesperson said Monday.

Huawei fully prepared, core tech intact: Ren


Huawei founder Ren Zhengfei said a 90-day temporary license the US granted is not that meaningful for the company, as it is well prepared and has kept its core technologies intact.  

Monday, May 20, 2019

Huawei does not need US chips: CEO on Trump export ban

Huawei Technologies CEO Ren Zhengfei says Huawei would be "fine" even if Qualcomm and other American suppliers would not sell chips to Huawei, because "we have already been preparing for this."

 
 
Chinese telecom giant will resist Washington pressure, Ren Zhengfei says

SHENZHEN, China -- Huawei Technologies' founder and chief executive blasted the Trump administration's decision to add his company to a government blacklist, insisting the Chinese telecom equipment maker has done nothing illegal.

"We have not done anything which violates the law," CEO Ren Zhengfei told Japanese media at company headquarters in Shenzhen on Saturday in his first interview since the  U.S. decision to restrict trade with Huawei.

Ren indicated that his company will continue developing its own chips to lessen the impact of the ban on its production. Ren said it would be "fine" even if Qualcomm and other American suppliers would not sell chips to Huawei. "We have already been preparing for this," he said.

Huawei unit HiSilicon Technologies, which mainly designs core processor chips, has made similar allusions to plans for dealing with a potential disruption in supply. In a recent open letter, President Teresa He Tingbo wrote, "We actually have foreseen this day for many years, and we do have a backup plan."

Echoing his tougher tone in recent months, Ren said his company will not be dictated to by Washington. "We will not change our management at the request of the U.S. or accept monitoring, as ZTE has done," he said.

The U.S. deployed a similar ban against ZTE last year, pushing the Chinese telecom company to the brink of bankruptcy.

Ren said the impact of the U.S. ban on Huawei's business will be limited, and expressed confidence in its longer-term outlook. "It is expected that Huawei's growth may slow, but only slightly," said Ren, citing the potential of annual revenue growth undershooting 20%.

"Policies that threaten trading partners one after another rob companies of risk-taking attitudes, and the U.S. will lose credibility," said Ren. On the other hand, he sees U.S. President Donald Trump's trade policies providing the impetus for Chinese economic reforms. "I would even suggest that the environment will improve," said Ren.

Huawei's chief shot down the prospect of producing 5G equipment on American soil. "Even if the U.S. asks us to manufacture over there, we will not go," said Ren.

Huawei procures around $67 billion worth of components every year, with roughly $11 billion coming from U.S. suppliers. Huawei depends especially on American parts makers for semiconductors, and it is believed that the company could face problems going forward manufacturing smartphones and telecommunications equipment. - Nikkel Asian Review

Source link 




Read more : 


US relies on deception and is most afraid of protracted trade war

The economic data of China and the US for the month of April was not good. There are divergent views on the reasons for China's declining retail sales growth rate and especially, its industrial output growth. But amid China's overall expectations that a trade war could have some impact on the economy this year, one month's unsatisfactory data is socially and psychologically affordable.

Supply cut-off cannot stifle Huawei

The pain inflicted on China is temporary. But what the US has to face is growing long-term pain. The so-called decoupling with China is very likely the real beginning of US decline.


China's strong stand benefits Japan, Europe

While China has a quite different political system and ideology than Europe and Japan, China has given both much more respect than they have received from the US. Multipolarization and multilateralism should be the most important principles of the world. No country's interests are allowed to override those of others, and no nation should determine the future of the globe in a unilateral way. China, Europe, Japan and other countries share the same interests on this issue

Europe's scrutiny results prove Huawei "innocent": China FM spokesperson

The results of Europe's scrutiny on products by China's Huawei Technologies Co., Ltd. have proven the company's "innocence," a Chinese Foreign Ministry spokesperson said Monday.

Huawei fully prepared, core tech intact: Ren


Huawei founder Ren Zhengfei said a 90-day temporary license the US granted is not that meaningful for the company, as it is well prepared and has kept its core technologies intact.


HiSilicon has released a series of chips geared for artificial intelligence under the name Kirin, which are currently used in some of Huawei's smartphones. The company has boasted that some Kirin chips can compete with the likes of Qualcomm Inc. and Nvidia Corp.

Huawei Unit Says It Can Help Ensure Chip Supply Without U.S. Tech, Amid Doubts - Caixin Global

 

 

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 Huawei unveils server chipset as China cuts reliance on imports



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https://www.cnbc.com/video/2019/05/15/trump-signs-executive-order-targeting-huawei.html Key Points   President Donald Trump on Wedne.