White House unveils ban on US investment in Chinese tech sectors::Biden cites security risk as he restricts American capital for companies linked to China’s military

  • LetMeEatCake@lemmy.world
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    1 year ago

    It’s smart, I don’t know how people will feel about it but it’s smart.

    The US and China are in an escalating economic cold war. It’s goes completely against US interests to invest finite resources into growing the economy of an economic rival — and ditto for the converse of China investing into growing the US economy. Especially in an aggressively competitive economic sector where relative technological advancement is king for competitive purposes.

    • masterairmagic@sh.itjust.works
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      1 year ago

      This is 40 years too late. That ship has sailed. China is a technologically advanced nation now. It can not be condemed to poverty by Americans.

      • BobKerman3999@feddit.it
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        1 year ago

        Who’s talking about that? It’s about helping the technology supremacy to a known bad actor… Say whatever you want about how evil the USA is but I’d rather be under their influence than under China’s or Russia’s

          • BobKerman3999@feddit.it
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            1 year ago

            China invaded Tibet and genocided the entire population, same with Mongolia and with the Uyghurs. And if you talk about June 4 you are disappeared.

            Your point?

              • nrezcm@lemmy.world
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                1 year ago

                And China isn’t? I must have missed the part where America used tanks to turn a bunch of students into a bloody pulp.

                • masterairmagic@sh.itjust.works
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                  1 year ago

                  Do Iraqi students not count? Or do you not consider non-white people as human?

                  What about the victims of US drone stikes?

      • InverseParallax@lemmy.world
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        1 year ago

        No, it can only be condemned to poverty by its own leaders unimaginable corruption.

        America can thank God for that.

  • demesisx@infosec.pub
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    1 year ago

    A great move 30 years after neoliberalism forced globalization down our throats and brought the planet to the brink of collapse in the name of exploiting the global south.

  • dub@lemmy.world
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    1 year ago

    Like it or not China has become a huge threat, not just economically. they are not our allies by any stretch and we shouldnt treat them as such.

    • masterairmagic@sh.itjust.works
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      1 year ago

      Where I an looking from, America is a far bigger threat to humanity. China did not invade Iraq or bomb Middle Eastern countries with drones.

      • carlosfm@lemm.ee
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        1 year ago

        Iraq was “liberated” and is now a safer place and a democracy. Jolly good work by the americans. Greetings from free Europe

  • Osirus@sh.itjust.works
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    1 year ago

    The military needs to develop its own encrypted os to use on bases and beef up their security. We are vulnerable because we use the dumbest most common OS out there. They should have their own hardware built by their own people. The US military should have its own in house manufacturing and development.