Miguel Afonso Caetano · @remixtures
670 followers · 2630 posts · Server tldr.nettime.org

: "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."

ft.com/content/6d2ed4d3-c6d3-4

#china #usa #tradewar #cleantech #energy #renewables

Last updated 1 year ago

Miguel Afonso Caetano · @remixtures
587 followers · 2356 posts · Server tldr.nettime.org

: "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.”"

nytimes.com/2023/07/12/magazin

#usa #china #chipwar #tradewar

Last updated 1 year ago

𐪅𐪀𐪈 𐪑𐪁𐪉 · @WahbAllat
198 followers · 248 posts · Server mas.to
Hari Tulsidas :verified: · @haritulsidas
19 followers · 144 posts · Server masto.ai

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.

americanmilitarynews.com/2023/

#china #rareearth #tradewar

Last updated 2 years ago

Christinea · @Christinea
26 followers · 581 posts · Server chinanews.social

"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

Last updated 2 years ago

Christinea · @Christinea
24 followers · 570 posts · Server chinanews.social

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

Last updated 2 years ago

Christinea · @Christinea
24 followers · 570 posts · Server chinanews.social

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).
xhnewsapi.xinhuaxmt.com/share/

#tradewar

Last updated 2 years ago

PunkLawyer · @punklawyer
245 followers · 1952 posts · Server mastodon.sdf.org

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 & , which produces the antisocial endogenous drug , 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 , inflaming anti European hatred, casting blame across the Channel.

2/2

#alcohol #cocaine #cocaethylene #tradewar

Last updated 2 years ago

gwfoto · @gwfoto
558 followers · 1241 posts · Server newsie.social

‘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”

thenewcivilrightsmovement.com/

#trump #tradewar

Last updated 2 years ago

Phil L. · @philmyboots
67 followers · 2569 posts · Server mastodon.social

Right wing Tory nutters rush in where angels fear to tread






#eu #tradewar #recession #retainedeulaw #gtto #torynutters

Last updated 2 years ago

Dr Francis Sedgemore · @hesgen
371 followers · 374 posts · Server mstdn.media
Freezenet · @freezenet
25 followers · 194 posts · Server noc.social

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

freezenet.ca/ccia-issues-white

-11

#whitepaper #usmca #us #tradewar #tariff #cusma #ccia #canada #BillC #international #censorship

Last updated 2 years ago

Itamar Medeiros · @designative
319 followers · 1285 posts · Server mastodon.social

Scholz said had learned its lesson from mistakes on and said that it needs to diversify away from . He’s confident that a between the and won’t happen despite ’s massive package. bloomberg.com/news/newsletters

#germany #energycrisi #supplychains #china #tradewar #eu #usa #biden #cleantech

Last updated 2 years ago

Ivo Vegter · @ivovegter
524 followers · 118 posts · Server masthead.social

‘A sea change’: Biden reverses decades of Chinese trade policy
politico.com/news/2022/12/26/c

(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

Last updated 2 years ago

xameer :qed: · @xameer
144 followers · 1560 posts · Server mathstodon.xyz

…I told him if you want 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 , Trumps simple catch phrase worked for simple minds that do not know anything about how the global economy works. When started the with it ended up driving prices for the entire WORLD!

#isolationism #globaleconony #maga #trump #tradewar #china

Last updated 2 years ago

Alasdair Allan · @aallan
4011 followers · 733 posts · Server mastodon.social

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, aallan.medium.com/splitting-th. Nothing has changed, if anything that trend has worsened, ft.com/content/257b39c4-f146-4.

#us #china #tradewar #arm #technology

Last updated 2 years ago

World News Feed · @newz
265 followers · 121 posts · Server mas.to
Geezer · @geezer
4 followers · 10 posts · Server mastodon.nu

En annan orsak som kan leda till att Kina vinner handelskriget mot USA är the road & belt initiative.. som man pratar väldigt lite om.

politico.eu/article/china-win-

#europe #usa #china #tradewar

Last updated 2 years ago

Noé van Hulst · @Noevanhulst
26 followers · 20 posts · Server mastodon.social