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Old 12-06-2018, 11:20 AM
 
45,201 posts, read 26,417,923 times
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Quote:
Originally Posted by Dbones View Post
Yep, everyone loves their cheap junk so they can feel like they are living the same life as the rich and famous.
Would you rather be a billionaire in the 1800's or so called poor today? A little self study or awareness says we are all far better off today thanks to more affordable goods.
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Old 12-06-2018, 12:46 PM
 
1,675 posts, read 576,235 times
Reputation: 490
Trying to control the markets.

Canada just arrested CFO of Huawei, at the request of the US, and is going to be extradited. Allegedly it is about not following US sanctions against Iran, but Huawei just passed Apple in phones sales. Can't compete with Chinese products so they are trying to destroy them.


https://www.youtube.com/watch?v=1Q0Tw0BZFAs

The accusation that Huawei spy is plain stupid. It doesn't spy anymore than iphones, etc. They all do it.
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Old 12-06-2018, 01:48 PM
 
Location: Canada
7,676 posts, read 5,521,274 times
Reputation: 8817
Quote:
Originally Posted by thelogo View Post
The accusation that Huawei spy is plain stupid. It doesn't spy anymore than iphones, etc. They all do it.
Huawei is using its technology to spy on behalf of the Chinese government. That’s an important distinction.

The security risks of Huawei technology are considered so great that this past summer Australia and New Zealand banned Huawei from providing 5G technology to their countries. Germany, the U.K. and Canada are considering similar moves.

https://www.aljazeera.com/news/2018/...130850129.html
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Old 12-06-2018, 02:25 PM
 
1,675 posts, read 576,235 times
Reputation: 490
Quote:
Originally Posted by cdnirene View Post
Huawei is using its technology to spy on behalf of the Chinese government. That’s an important distinction.

The security risks of Huawei technology are considered so great that this past summer Australia and New Zealand banned Huawei from providing 5G technology to their countries. Germany, the U.K. and Canada are considering similar moves.

https://www.aljazeera.com/news/2018/...130850129.html
So you are saying that when the US do it, not only nationally, but to foreign governments is OK, but the Chinese doing it is not?

The US has been giving technology to China for decades, so this is nothing to do with intelligence. If they think Huawei is spying all they have to do is block their products like they blocked their cellphones. Even the sanctions against Iran is no reason for arresting one of their top business persons. This is the next level in trying to bring down the Chinese economy. First, tariffs, now directly attacking companies. It is a matter of time before this turn into war.
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Old 12-06-2018, 02:28 PM
 
Location: NE Mississippi
25,554 posts, read 17,256,908 times
Reputation: 37267
Quote:
Originally Posted by blktoptrvl View Post
Why do you put such value on the steel industry? I'm not sure it is warranted. Our government and businesses don't seem to care that much. The primary use for steel is infrastructure (building, bridges, etc...) and at the same time, we as a country have been letting our infrastructure slip (degrade) since it's peak back in the mid sixties.

Do we export a lot of steel? No, Not really.
Is steel a dominant us industry? No. Not really.

China wants to be the world leader in that industry but we get most of our steel from Canada (16%), Brazil (13%), South Korea(10%), Mexico(9%), Russia(9%), Turkey(7%), Japan(5%), Taiwan(4%), Germany(3%), India(2%).

China is right alongside India at about 2%.

Is the steel industry important for jobs? Apparently not since it is another highly automated industry where jobs have fled. There were only about 150,000 jobs in steel. The US Information Tech industry adds that many jobs yearly.

Seems to be that some people see this as important as coal while others see it as important as... coal. If the US wanted a dominant steel industry, I think we would have one - China or not. So that seems to be a moot point regarding what China is or is not trying to steal?
Shrug.
OK Textile industry, then. For the purposes of discussion that industry has gone to China, too.
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Old 12-06-2018, 02:41 PM
 
1,087 posts, read 781,729 times
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Exporting manufacturing to China started out as a national strategy. At early 90s, the chief strategy was to use cheap labors in China, and exporting pollutions. China never took that as favor.
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Old 12-06-2018, 02:45 PM
 
22,923 posts, read 15,477,951 times
Reputation: 16962
Quote:
Originally Posted by cdnirene View Post
Huawei is using its technology to spy on behalf of the Chinese government. That’s an important distinction.

The security risks of Huawei technology are considered so great that this past summer Australia and New Zealand banned Huawei from providing 5G technology to their countries. Germany, the U.K. and Canada are considering similar moves.

https://www.aljazeera.com/news/2018/...130850129.html
Yep; now Canada has made of itself the target for Chinese aggression....smart move on our part when its the U.S. considering us a security risk and tariffing our azzes to do more economic damage to Canada than China has or will do in the next millennia.....we never seem to learn do we.
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Old 12-06-2018, 04:48 PM
 
Location: Canada
7,676 posts, read 5,521,274 times
Reputation: 8817
Quote:
Originally Posted by BruSan View Post
Yep; now Canada has made of itself the target for Chinese aggression....smart move on our part when its the U.S. considering us a security risk and tariffing our azzes to do more economic damage to Canada than China has or will do in the next millennia.....we never seem to learn do we.
I assume we are simply honoring our extradition treaty with the U.S. and that whatever she will be charged with would also have been illegal if it had been undertaken in Canada. I can’t see us cancelling the treaty to prevent extradition.

I read that earlier in her career the woman had been responsible for the shipment of Dell computers from the U.S. to Iran when it was illegal to do so. I don’t know if the U.S. charges will have anything to do with that though.
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Old 12-06-2018, 05:55 PM
 
4,559 posts, read 1,435,142 times
Reputation: 1919
Relax. We got clean coal. Its all good.
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Old 12-06-2018, 06:12 PM
 
22,923 posts, read 15,477,951 times
Reputation: 16962
Quote:
Originally Posted by cdnirene View Post
I assume we are simply honoring our extradition treaty with the U.S. and that whatever she will be charged with would also have been illegal if it had been undertaken in Canada. I can’t see us cancelling the treaty to prevent extradition.

I read that earlier in her career the woman had been responsible for the shipment of Dell computers from the U.S. to Iran when it was illegal to do so. I don’t know if the U.S. charges will have anything to do with that though.
Yeah, but it's still galling as all get out.
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