#China #USA #TradeWar #CleanTech #Energy #Renewables: "China is responsible for the production of about 90 per cent of the world’s rare earth elements, at least 80 per cent of all the stages of making solar panels and 60 per cent of wind turbines and electric-car batteries. In some of the materials used in batteries and more niche products, China’s market share is close to 100 per cent.
China’s cornering of the clean tech supply chain has drawn comparisons to the high level of influence that Saudi Arabia enjoys in the oil market. Just as petrochemical production provides an immovable strategic buffer for the Gulf state, China’s dominance over these clean energy sectors is adding to growing geopolitical competition and has the potential to complicate the world’s fight against global warming.
The stakes are incredibly high.
The rise and rise of China’s clean tech companies poses a massive competitive threat to western manufacturing industries, including legacy carmakers and energy giants. But in the context of a worsening technological cold war with the west, those capabilities could become a source of leverage for China."
https://www.ft.com/content/6d2ed4d3-c6d3-4dbd-8566-3b0df9e9c5c6
#china #usa #tradewar #cleantech #energy #renewables
#USA #China #ChipWar #TradeWar: "With the Oct. 7 export controls, the United States government announced its intent to cripple China’s ability to produce, or even purchase, the highest-end chips. The logic of the measure was straightforward: Advanced chips, and the supercomputers and A.I. systems they power, enable the production of new weapons and surveillance apparatuses. In their reach and meaning, however, the measures could hardly have been more sweeping, taking aim at a target far broader than the Chinese security state. “The key here is to understand that the U.S. wanted to impact China’s A.I. industry,” says Gregory C. Allen, director of the Wadhwani Center for A.I. and Advanced Technologies at the Center for Strategic and International Studies in Washington. “The semiconductor stuff is the means to that end.”
Though delivered in the unassuming form of updated export rules, the Oct. 7 controls essentially seek to eradicate, root and branch, China’s entire ecosystem of advanced technology. “The new policy embodied in Oct. 7 is: Not only are we not going to allow China to progress any further technologically, we are going to actively reverse their current state of the art,” Allen says. C.J. Muse, a senior semiconductor analyst at Evercore ISI, put it this way: “If you’d told me about these rules five years ago, I would’ve told you that’s an act of war — we’d have to be at war.”
If the controls are successful, they could handicap China for a generation; if they fail, they may backfire spectacularly, hastening the very future the United States is trying desperately to avoid. The outcome will likely shape U.S.-China competition, and the future of the global order, for decades to come. “There are two dates that will echo in history from 2022,” Allen says. “The first is Feb. 24, when Russia invaded Ukraine; and the second is Oct. 7.”"
https://www.nytimes.com/2023/07/12/magazine/semiconductor-chips-us-china.html
#usa #china #chipwar #tradewar
Why is the #USA upset over this? They started it. I think they expected #China to fold instead of fighting back.
#micron #tradewar #trade #semiconductors #semiconductor #China #USA
China plans to ban rare earth magnet exports, which could cripple the global supply chain of high-tech products. Rare earth magnets are essential for many devices, such as electric vehicles, wind turbines, smartphones, and military equipment. This could trigger a trade war and force other countries to find alternative sources or develop their production capabilities.
https://americanmilitarynews.com/2023/04/china-plans-to-ban-rare-earth-magnet-exports/
"Given the complex and intertwined structure of modern globalization, even the task of partially reducing dependence on the Chinese economy is likely to turn out to be much harder than it looks," wrote James Crabtree, executive director of the International Institute for Strategic Studies Asia. #decoupling #tradewar
The costs of protectionism have been borne largely by U.S. consumers, said the article "Amid Trade War with China, Few Industries Support the Tariffs," published by the U.S. nonprofit think tank Council on Foreign Relations (CFR). #tradewar
The costs of protectionism have been borne largely by U.S. consumers, said the article "Amid Trade War with China, Few Industries Support the Tariffs," published by the U.S. nonprofit think tank Council on Foreign Relations (CFR). #tradewar
https://xhnewsapi.xinhuaxmt.com/share/news?id=812751962198016&showType=3002&utdId=null&version=3.1.4
Sometimes it's helpful to look at the drugs people are taking when asking why they're doing what they are doing.
It is hardly surprising that Brexiteers, marinating their brains in #alcohol & #cocaine, which produces the antisocial endogenous drug #cocaethylene, couldn't get their brief together to sit down in a disciplined fashion with the EU to negotiate reasonable terms & instead resorted to beating the tubs of #tradewar, inflaming anti European hatred, casting blame across the Channel.
2/2
#alcohol #cocaine #cocaethylene #tradewar
‘F—ing Suicide’: Trump Mocked Proposing China Trade War
“this Trump proposal would also trigger new and painful retaliation against US agricultural exports to China (our biggest market), just as American farmers are trying to recover from Trump’s last trade war w/ Beijing.”
Hill also writes that “one farm state GOP lawmaker [said] to me on Trump’s new China trade proposals + the impact on US agricultural exports that rely on China: ‘it’s f—ing suicide”
#trump #tradewar
https://www.thenewcivilrightsmovement.com/2023/02/f-ing-suicide-trump-mocked-for-proposing-china-trade-war/
Right wing Tory nutters rush in where angels fear to tread
#eu #tradewar #recession #retainedeulaw #gtto #torynutters
The Tory bonfire of #EULaws promises to torch what's left of Britain's manufacturing industry.
CCIA Issues White Paper Explaining Bill C-11 Violating USMCA is “Beyond Dispute”
The CCIA has laid out the ground work for why Bill C-11 violates the USMCA. All but ensures Canada/US trade war.
Canada's Bill C-11 - the social media censorship bill - violates Canada's in
#Censorship #International #BillC-11 #Canada #CCIA #CUSMA #tariff #tradewar #US #USMCA #WhitePaper
#whitepaper #usmca #us #tradewar #tariff #cusma #ccia #canada #BillC #international #censorship
Scholz said #Germany had learned its lesson from mistakes on #EnergyCrisi and said that it needs to diversify #SupplyChains away from #China. He’s confident that a #TradeWar between the #EU and #USA won’t happen despite #Biden’s massive #CleanTech package. https://www.bloomberg.com/news/newsletters/2023-01-18/scholz-sees-no-recession-and-no-need-yet-for-more-eu-funds
#germany #energycrisi #supplychains #china #tradewar #eu #usa #biden #cleantech
‘A sea change’: Biden reverses decades of Chinese trade policy
https://www.politico.com/news/2022/12/26/china-trade-tech-00072232
(This is a major escalation in the trade war. Economically, it is self-harm. Practically, it is unlikely to succeed. Politically, I can't see China taking this lying down.)
#geopolitics #tradewar #china #us
https://www.intel.com/content/www/us/en/research/neuromorphic-computing.html
https://github.com/OpenXiangShan/XiangShan
Interesting outcomes of US chinna #tradewar
Good for hobbyists
…I told him if you want #Isolationism so much as a country don’t go around invading countries like Iraq and always expect other countries to join and have to fight then, or buy your American cars or Heinz ketchup if you only put America First and don’t realize it is a #GlobalEconony , Trumps simple catch phrase #MAGA worked for simple minds that do not know anything about how the global economy works. When #trump started the #tradewar with #China it ended up driving prices for the entire WORLD!
#isolationism #globaleconony #maga #trump #tradewar #china
A couple of years back I wrote a piece about how the technological "stack" used here in the west and in China was being split apart, https://aallan.medium.com/splitting-the-technology-stack-9e8795186ae0. Nothing has changed, if anything that trend has worsened, https://www.ft.com/content/257b39c4-f146-41ae-af75-dfea955ff462. #US #China #TradeWar #Arm #Technology
#us #china #tradewar #arm #technology
Globalization Isn’t Dead. It’s Changing Shape https://www.bloomberg.com/news/articles/2022-12-04/globalization-isn-t-dead-it-s-changing-shape #WorldTradeOrganization #GlobalTradingSystem #EconomicSanctions #UnitedKingdom #TradeWar #Ukraine #Russia #Brexit #Europe #China
#China #Europe #brexit #russia #Ukraine #tradewar #unitedkingdom #economicsanctions #globaltradingsystem #worldtradeorganization
How to avoid a #tradewar on #cleanenergy - https://www.imf.org/en/Publications/fandd/issues/2022/12/america-landmark-climate-law-bordoff