Posted on 08/28/2020 10:36:16 AM PDT by Dr. Marten
China may restrict American access to medical supplies in retaliation for intensifying U.S. regulations on Huawei, according to a prominent economist and Chinese Communist Party adviser.
“For vitamins and antibiotics, more than 90% of their raw materials are produced in China,” Tsinghua University finance professor Li Daokui said in response to new regulations targeting the flagship telecommunications company. “The U.S. will definitely not be able to produce them in the short term.”
Li’s comments evoke the thinly veiled threats that state-run media issued earlier this year as international anger raged over China’s mishandling of the coronavirus pandemic in the initial days of the crisis. He spoke after Commerce Department officials unveiled new regulations designed to make it more difficult for Huawei to obtain electronic supplies derived from U.S. technology, in keeping with American warnings that the telecommunications giant is a platform for Chinese spy services.
(Excerpt) Read more at washingtonexaminer.com ...
Ping.
Chinese Communist Party still lives under Mao
Time to order Chinese companies to sell their US assets, like Smithfield. Time to repay Chinese holdings of US Treasuries with their Chinese Rail Bonds from about a 100 years ago.
Wonder if we can banned all Chinese products.
No other option but to disconnect our economy from the chicoms and seize as many assets as possible to compensate for the virus
A new Manhattan Project in the offing.
Don’t worry, China.
Kodak Pharmaceuticals will pick up where you leave off.
AAAHHAHAHAHHAHHAHHAHA
Sounds like a challenge to me. And a lot of jobs.
“China may restrict American access to medical supplies”
“The U.S. will definitely not be able to produce them in the short term.”
That would naturally result in a crash effort to build production capacity in the USA, greatly speeding the decoupling process, and leave China taking all the blame for it.
They would both lose their biggest customer, and create huge new competitors.
Bravo!
It really highlights why we can not be dependent on any supply chain from a communist country.
That was, what, a month ago?
Kodak's not bad as far as businesses go, I suspect they could ramp up all the way in 1-2 months, having had a month already...
I worked at Kodak, only as a summer kid (while I was in college) but from what I saw of the place, it could easily crash-start production, and ramp up VERY quickly to full replacement.
Don’t forget, these guys were one of the major suppliers of all kinds of manufacturing chemicals in the last 2-3 decades. The lines are already in place.
How quickly can the US starve China?
Thanks, I forgot about that already.
And I’m not even Biden’s age....
EMBARGO WHOLE COUNTRY, RUIN THEIR ECONOMY.
Trump II: The Reckoning!
Coming soon, to a Global economy near you.
Somewhere in Trump’s instinct a little voice is saying “Bring it!”
Go for it buddy
We’ll see who needs who
Food wise
Tech wise
China and their communist overlords in particular are world wide pariahs right now
Who on this great green planet earth has not been adversely affected by that stupid virus that they leased upon the world deliberately?
They have severe severe internal problems happening right now with the floods with it calling at 350 million pigs out of the food supply because of the virus the pig virus so we shall see what happens with the communist dictators
I thought it was a stroke of genius to have that blind oppressed gentleman from China get up and eloquently state his speech using braille
He called the Chinese communist party what they are: an enemy of humanity
I still have some old “Made in Japan” stuff. Probably from the time when the Japanese had embraced Juran and Demmings.
Stuff’s still GREAT!
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