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How powerful is US Sanctions and its consequences ?

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发表于 2019-1-19 03:35:45 | 显示全部楼层 |阅读模式
Recent read in Bloomberg Business Week surprised me about how powerful US is in terms of Tech and Banking.

Quite a few technologies are monopolized by US companies (plural in the sense of Country vs Company).
Other companies in violation may not operate no more if US said so.  Case in point ZTE was accused by US for tech shipped to Iran , a sanction country.  ZTE will be closed if DT does not allow it to get any US chips.  Same way Russians (person or company) were sanctioned by Obama earlier.  DT is trying hard to remove that so Russian laundered money can be used instead of frozen by US.
Huawei CFO detained by US in Canada for shipping tech to Iran.

China is smart to pursue the Self Reliance policy no matter how it was done, by hook or by crook.
Think what China was assaulted by foreign power during last 200 years because of weak military power, partially caused by the CORRUPT Imperial MamaSan in Beijing to build her garden rather than Navy or Army.   China lost land, gold and silver, and gained Opinion to poison Chinese when England could not pay with money for the import of their favorite TEA consumption.  Until they can develop tea plantations in India.

So please do not accuse China for doing a little bit of piracy to be self reliant.
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发表于 2019-1-19 06:31:50 | 显示全部楼层
How powerful is US Sanctions  ? ... Very powerful is the answer by today.

By today, all international trade clearance using USD (SWIFT). USA condemn 華為 intercept information through it's products. Haha, USA using SWIFT stole information in monetary transaction. Facts of 賊喊捉賊. EU tends to develope kind of same system with Russia & China that they would get around SWIFT. Let's see how it goes ..!

Without SWIFT countries is difficult to trade internationally. For example North Korea has to bring load of USD to buy crude oil.
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发表于 2019-1-19 06:40:16 | 显示全部楼层
Wireless phone, internet has been one of the greatest invention by USA last 30 years. But these two product had been dubbed. Let's see when and how SWIFT the future will be?
  
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