Trump Administration hostility toward China often turns to major telecommunications company Huawei. On Wednesday, the Trump Administration declared Huawei, and 20 other businesses, to be run by the Chinese military, which opens up administration options for more hostile action.
A $100 billion-plus company that sells cell phones and telecommunications equipment, Huawei has run afoul of the Trump Administration because they are a large supplier of 5g communications systems.
The US depends on control of cell phone systems as part of NSA surveillance, and has cozy ties to all the other major 5g providers, except for Huawei. This has led to years of the US warning the world not to trust or do business with the Chinese company.
Huawei’s parent organization, Huawei Investment and Holding, is legally “employee owned.” In practice, this means the founder owns 1% of the stock, and the rest is overwhelmingly controlled by a union-appointed committee. Because of the way unions work in China, there is a strong case that has been made that this amounts to them being at least mostly state-run.
Huawei has sued analysts in the past for labeling it as a state-run company, though the case made toward them would apply similarly across virtually the whole US list of companies from today. Extending that to military-controlled for any of them, however, is a stretch, and there is no sign that the administration will formulate a case for this accusation.
Either way, so long as the allegation sticks, the military is allowed to keep tabs on Huawei as part of an enemy power’s military. This likely will also be used by the administration to move against them for competing in the US.
Today Russophobia and Sinophobia are as American as apple pie.
Not anything new for European colonial period that ended with Hitler followed by the severe contracting of British Empire.
But US is taking over the banner of British Empire, and the description of Russians as Asiatic hordes was common in UK for centuries. China was colonized and humiliated, but Russian Empire stood as the only barrier to colonizing the entire Asia. European and US bankers and governments both financed and politically advanced the importation of Red revolution into Russia. Having succeeded, American Sachs was already involved with Trotsky government to set up financial system.
That was interrupted by Lenin’s death, and Trotsky’s miscalculation when he midwifed appointment of Stalin. What started as promising colored revolution, turned into a power that could not be controlled.
China is a similar story. Helping China rise into economic power was an entirely American and European doing. For the purpose of getting Russia. Then when it dawned on them that China has become a serious technological competition and Russia’s partner to boot — now is the time to cut off the sponsorship.
How realistic is now this attempt to — not conquer and colonize — but to contain these pan-Asian hordes?
An interesting display of those pan-Asian hordes marched on Red Square Wednesday. Russian Army was part of continental Asia. That was the message. Not one continental Asian country was absent. From Pacific to Baltic —united hordes of Asia. Present were: China, Kazakhstan, Kirgyzstan, Tajikistan, Nepal, Uzbekistan, Mongolia, Armenia, Azerbaijan and Turkmenistan. And yes, Indian Army was there too.
The Eurasian Century.
The inevitability of the Eurasian Century should encourage placing the U.S. and its travails in Mackinderan perspective.
America is still based on the second world heartland, the North American Great Plains. Perhaps not the natural seat of a global empire, as the World Heartland of Eurasia is prophesized to be, but certainly still dominant over half the planet.
The wars against Eurasia, look increasingly like diversions and the real action is a Western ‘civil war’ over Indigenous versus European control of America.
I agree with your assessment. Living today makes it difficult to have perspective. So, I wonder if one can tell the difference between causes and consequences, that morph into causes down the line.
Is Western civil war caused by these built in contradictions, or is it caused by the rapid decline in fortunes — that as a result caused the disruption in a slow but natural integration of various elements of American society.
American history is relatively short, if we exclude period it existed as part of UK. And having started a separate life, it nevertheless became a CONTINUATION of British system — a society of European civilization, early adopter of industrial revolution, and no-holds-barred capital formation.
What saved working class in US was the mobility at the expense of natives, and the cheap labor procured by eliminating slavery. And the same dynamic created the middle class.
And while America avoided the fate of financial “modernization” in Europe that resulted in heavily indebted European states — it was inevitably drawn into it with Woodrow Willson’s push for central banking, and involvement in WWI.
Interwar period saw the continuation of financial spasms, and yet another European led fight for primacy and spoils.
As Europe laid ruined and exhausted after WWII, US took the banner of European world leadership, but in essence NEVER reformed, never changed the underpinnings of finance-dominated economy.
All that has happened in the world since WWII is that FEWER economically developing and strong countries outside Europe chose to be ensnarled into the same web of lending.
As a result — they accumulated wealth and are NOT in debt that they cannot cover.
The financial matrix existing in the Western world since the end of 18th century demands constant expansion (British-American industrial revolution). Not expanding at the rate necessary to sustain its high cost — it added various financial innovations, only to create sustainability doubts. So, it has got to be China’s fault for repeatedly refusing to OPEN their financial system.
And the result? Incomes in the West have stagnated since nineteen eighty/ninety. Middle class is disappearing. The predictable indebtedness resulted, with young living a precarious existence.
In many cases these new adults live of their parents help. And when this last generation of normalcy is gone — a new dawn will rise in US.
This is a country that rose too fast, never had a chance to look back and reflect. And became addicted to the sense of invulnerability — we can conquer all attitude.
The epidemic laid it all bare — one gets the sense that tying shoelace is challenging to the leading elites.
Is it just native vs European? It is one component, yes. But to look at that alone, is to address 20th century colonial heritage problem — in a new world.
And the new world demands a new new socio-economic environment dictated by 21st century technological-industrial revolution.
Trump is trying to stop it — let the world stop turning.
The inter-alliance Western civil war is a product of Western imperialism and the internal contradictions of crony capitalism. In order to grow economies not structured to be balanced, Western nations need extra living space, even if that space belongs to someone else.
Texas alone is three times the size of France; the only way France could compete in the long term with a larger, equally-resourced country is to buy into it and harness its productive potential as her own, by trickery or force if needed.
Non-Western countries did engage in, for the lack of a better word, promisary trade, but many were discouraged from learning and applying the empowering arts of high finance.
There’s no way for non-Western countries to enforce any contract with the Europeans. Islamic countries have a proscription against charging interest, but they have other means of lending and were doing so for thousands of years. However, when a contract partner reneges backed by superior arms, there’s no point.
Trump is trying to preserve his privilege, which is our privilege albeit not backed by nearly as much money.
Even billionaires are finding, they aren’t much better off than peasants without political connections, and some probably aren’t happy about that.
As if the Alphabet Agencies weren’t advertising their place behind Google as Alphabet Inc.
https://www.marketwatch.com/investing/stock/googl
State control has many vectors.