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Comment Astounding incompetence (Score 1) 29

It's like they're giving this stuff away, and they expect foreign countries to refuse it and look the other way. ...and we are expected to trust them with a national ID and the implications that has?

Still, there's been a lot of anti-China FUD about lately, so perhaps they're just trying to distract us from something else...

I'd like them to apply the same criteria that they use to judge whether China is a threat, or not, to countries like the USA, and label them similarly.

Comment and the view from the other side (Score 1) 36

The Dutch government’s seizure of Nexperia sent shock waves across the commercial world this week. State expropriation (a diplomatic word for what is too often simply “confiscation” or even “theft”) has historically been very rare – until the recent freezing of Russian assets by the western powers.
European nations have agreed to steal, er, expropriate, the interest dividends earned by the Russians’ cash. (The Europeans' excuse, which is on the lines of "Well, they deserve this to happen them" is not normally considered a legal justification for theft.)
However, the world’s businesspeople fear that this will be rare no longer.
“This is not a reactionary change. On the contrary, it is planned, structured and approved by Western nations, now that precedents have been established and set,” a Hong Kong-based analyst told us today.
"The West has preemptively decided that—starting with particular critical sectors—the time is now to commence a process of expropriation,” he added.

[credit: https://fridayeveryday.com/%5D

Comment "national security" === "USA # 1" (Score 1) 70

That's the only real national security issue here - ie China is doing too well that it is threatening USA's position as number 1.

The other threats are just imagined.

It's all kind of pathetic, tbh. Now the USA feels like the way other countries it has prayed on for decades.

Comment Re: Be careful of unintended consequences (Score 2) 36

Actually, they didn't...it's somewhat more complicated than that.

NXP Semiconductors needed to sell its Standard Products division (which would become Nexperia) to raise money and gain regulatory approval for its own planned merger with Qualcomm.
The buyer was not Wingtech, but a consortium of investors led by Wise Road Capital (Jiæ(TM) Chengèæoe), a Chinese private equity firm focused on semiconductors.

Wingtech bought it from them.

NXP Semiconductors needed to sell its Standard Products division (which would become Nexperia) to raise money and gain regulatory approval for its own planned merger with Qualcomm.

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