Global Times
Global Times: China ready to target Apple, Qualcomm, Cisco and Boeing in retaliation against US' Huawei ban: source
China is ready to take a series of countermeasures against a US plan to block shipments of semiconductors to Chinese telecom firm Huawei, including putting US companies on an "unreliable entity list," launching investigations and imposing restrictions on US companies such as Apple and suspending the purchase of Boeing airplanes, a source close to the Chinese government told the Global Times.
The Trump administration on Friday moved to block shipments of semiconductors to Huawei from global chipmakers. The US Commerce Department said it was amending an export rule and the Entity List to "strategically target Huawei's acquisition of semiconductors that are the direct product of certain US software and technology," according to a statement on its website.
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Update #1: China to put U.S. firms including Apple, Boeing on unreliable list: Global Times -- CGTN
Update #2: China ready to put Apple, other U.S. companies in 'unreliable entity list' - Global Times -- Reuters
WNU Editor: Talk about Apple and other U.S. firms being told bluntly that they are no longer wanted in China. If this is not a message to get out, I then do not know what one is.
7 comments:
Are the Chinese going to allow Boeing to move the production machinery out of China.
Will the Chinese allow them to scrap the production lines.
No, they simply want Boeing to hand over the keys and slap a Chinese name on a fully functional factory.
All capital equipment should be built in the continent with which it is used. This is best for the people of the area/continent. But since foreigners invested capital and.or know how into such overseas venture, a healthy percentage of profits. It is only fair.
What China is doing is wrong. I Boeing and Apple lost capital equipment or IP, then nationalization of Chinese assets in the US are a legal cure to COMMUNIST Chinese theft.
So much for that trans Eur-Asian train ride. Would have been awesome.
Apple has been warned since before Trump came in to diversify away from China. President Trump gave clear warnings to bring manufacturing back to USA. Now a crisis has engulfed Apple. Board of directors ought to be asking Cook some pointed questions before showing him the door.
Well, that is not that bad. They will have to have the same creativity of the companies they push out of China because they will not be able to make the same IP theft.
Will we clamp down on educating Chinese students by the thousands?
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