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Andrew Tobias
Andrew Tobias

Money and Other Subjects

Tough On China In Game-Changing Ways

December 6, 2022December 6, 2022

One of you acknowledges that Trump is a “flawed politician” — ya think? — but his main concern is Hunter Biden’s laptop.  The President’s son certainly has had his share of difficulties.  But my reader’s concern that Hunter’s business interests have caused us to go soft on China is laid to rest by this in-depth look at how the Biden Administration is dealing with China.


. . .  In October, the U.S. Commerce Department introduced a comprehensive ban on technology exports to China, including cutting-edge semiconductor chips—the foundational components for advanced computers and other electronic devices—as well as software for designing them and equipment for manufacturing them. The new ban covers not only American companies but any company in the world that uses American semiconductor technology. And it forbids all U.S. citizens, residents, and green-card holders from working for Chinese chip makers. The threat to China’s high-tech industries—whether in military applications, artificial intelligence, or the surveillance technology Beijing relies on to monitor its citizens—appears so grave that Gregory Allen, of the Washington-based Center for Strategic and International Studies, called the new U.S. approach to China’s tech sector “strangling with an intent to kill.” . . .


Where the “flawed politician” long sought to build a hotel in Moscow and accommodated Russia’s ambitions in Ukraine, siding with Putin over the FBI on the world stage . . .

. . . his successor has been firm with China in what may wind up being game-changing ways.



Polls close in Georgia at 7pm today.  May the more competent, level-headed, morally centered man win, whichever of the two you judge that to be.

 

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