Any guesses? #tech #china #tradewar #CCP Chinese Leaders Split Over Releasing Blacklist of U.S. Companies https://www.wsj.com/articles/chinese-leaders-split-over-releasing-blacklist-of-u-s-companies-11600708688 "One U.S. company that so far has made all the individual lists is Cisco Systems, the people said. The maker of networking equipment, which competes with Huawei, already has lost contracts to supply some of its long-term Chinese customers, such as China’s large state-owned telecom carriers."
Tech Industry
Yesterday
2558
Quitting this Slave life
India
Yesterday
868
Modi is a legend, will be remembered for centuries to come
2024 Presidential Election
Yesterday
244
Which candidate will do something about offshoring and getting more homes built?
Working Parents
Yesterday
801
What do you think is wrong with a kid who got rejected by 9 colleges?
Tech Industry
Yesterday
2027
The end of Backdoor Roth?!
What about Google Facebook Dropbox prevented from freely doing business in China. Whats new here? People have such short term memory.
That is a false misleading statement and needs to be fact checked. Google has multiple business lines in China and is operating fine. Common sense will tell you that they own 75 percent of the mobile os market share with Android. They also invest in plenty of start ups there through their venture arm. They also sell ads and manage an ad market place there. They also have plenty of hardware R&D plants, and AI research labs in China. Yes search is blocked, but that doesn't mean they're not doing business in the country. Second, Facebook had the option of doing business in China, so long that they complied with clearly stated rules and policies. They simply refused to do so, which is their right. But the rules are laid out clearly. Now on the flip side, there is no rules or guidance when daddy America walks into the room. A single orange colored person can walk into the room, scream national security, and not only ban a product, but force all its allies to adopt a similar stance, even if the allies don't want to. That is 100x more shades of gray. Last, the US is notorious for pulling this shit. Look no further than what it did to Japan two decades ago when it used a similar "national security threat" rhetoric to destroy Japan's booming semi conductor industry (tariffed the shit out of Japan while forcing Japan to sign agreements that allowed US companies to sell directly into it). Know what happened to Japan? Yeah, that's right, they entered their lost decade of economic contraction that no amount of quantitative easing could solve, they're still in a deflationary period. The funniest part was that Japan couldn't do shit because the US was an "ally".
Blizzard is trolling so hard lol
How is this going to work? The majority of Cisco equipment comes from China
You didn't get it, it seems. China is still manufacturing equipment for Cisco. This list prevents Cisco from doing business in china. Two different things.
Yeah well that’s a problem, we need to bring everything back here, did you know 90% of our antibiotics come from there? WTF .....so some douche can make an extra $1
Meanwhile, we cannot ban wechat and tiktok here. Time to revenge for real.
Not sure about revenge. But 400k death in India. Karma is real
China just copies everything from the US and makes cheap knockoff versions of them using their cheap concentration camp labor.
Everything? How come your confidence? All US wealthy are stolen from the world.
^this
Well Cisco doesn't make much money from China anyway. So very minimal impact.
Last I checked there was only like 2-3% of revenue coming from China before last year and mostly Cisco got blacklisted and lost that business already during the trade war. This can't possibly change much.
We need to ship all the CCP lovers back to China where they will brown nose the corrupted government from up close.
Not everyone who disagrees with you is a communist🙄
lol Trump 2020! I want trump to win for one main reason, he will continue to screw China like no other.
National security concerns. Totally make sense. Cisco can install backdoor in its equipment
Well on the other hand, I doubt Xi might have installed backdoor in your ass go spy as much as possible in USA.
bye China 🤷♂️
Bye india. 400k death lol
Tit for tat. This is expected.
Cisco deserve this. Years ago, They help ccp to build the Great Fire Wall which separate China from the world and crackdown democracy. Now Cisco is kicked out like a stray dog. It reminds everyone of the karma of doing business with devil
^ well said