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President Joe Biden apparently doesn't listen to himself. If he does, why would he put more pressure on China? Does he want this "ticking time bomb" to explode and threaten the rest of the world?
Bad folks do bad things for sure - the U.S. has killed millions of innocent civilians in recent decades, brushing that off as collateral damages.
Before Mr. Biden points his finger at other, he should examine the U.S. misdeeds first. His refusal to negotiate with Putin, provoking Russia and China to go to war, escalating the Ukraine war and willing to fight until the last Ukrainian, providing Zelenskyy cluster bombs, etc. is inexcusable. Biden singlehandedly turns Ukraine into complete ruin. Yes, bad people do bad things. Mr. Biden for once is spot on.
www.msn.com/en-us/money/markets/biden-fears-china-is-tick...
Biden Fears China Is ‘Ticking Time Bomb' Posing Danger to World
(Bloomberg) -- President Joe Biden expressed concern that China’s economic and demographic problems have turned the world’s second-largest economy into a “ticking time bomb” that threatens the rest of the world.
Biden said at a political fundraiser Thursday that “China is in trouble” because growth has slowed and the number of people in retirement age outnumber those of working age.
“It has the highest unemployment rate going,” Biden told donors in Park City, Utah. “So they got some problems. That’s not good because when bad folks have problems, they do bad things.”
The Biden administration this week released a long-awaited order curbing US investments in China.
www.globaltimes.cn/page/202308/1296063.shtml
China decries US 'economic coercion' over investment ban, vows 'necessary' countermeasure
China on Thursday scathingly criticized the US government's move to ban new US investment in key technology industries in China, the latest attempt in Washington's relentless crackdown campaign against China. China has lodged stern representations with the US side and vowed to take necessary measures to safeguard its interests.
While US officials cited the so-called national security reasons for the executive order and maintained that the US does not seek to "decouple" from China, Chinese officials and experts said the latest US move is part of the US' ill-intentioned campaign to contain China's technological rise, which amounts to "economic coercion" and violates basic market principles.
The exact impact of the US ban remains to be seen, but Chinese tech industry insiders and analysts dismissed any so-called chilling effect hyped by foreign media, noting that the move has long been publicized by US officials and that US investments in the Chinese technology industry have already declined amid years of the US tech crackdown. Most importantly, the move, or other arbitrary restrictions, by the US will not derail China's pursuit of technological self-reliance and strength, analysts said.
'Economic coercion'
After weeks of media hype and speculation, US President Joe Biden on Wednesday US time signed an executive order to ban new US investments in key technology industries in China that could be used to bolster its military capabilities. The order will ban US venture capital and private equity firms from investing in Chinese projects in semiconductors and other microelectronics, quantum computers and certain artificial intelligence applications.
In a statement, the US Treasury Department insisted the move is a "narrowly targeted action" to "defend America's national security," and that the US maintains its "longstanding commitment to open investment."
The US move immediately drew stern responses from Chinese authorities on Thursday. "Restricting US companies' investments in China with national security as a front is a clear act of overstretching the concept of security and politicizing business engagement. The move's real aim is to deprive China of its right to develop and selfishly pursue US supremacy at the expense of others. This is blatant economic coercion and tech bullying," a spokesperson for the Chinese Foreign Ministry said in a statement on Thursday.
"President Biden has committed to not seeking to 'decouple' from China or halt China's economic development. We urge the US to follow through on that commitment, stop?politicizing, instrumentalizing and weaponizing tech and trade issues, immediately cancel the wrong decisions, remove the restrictions on investments in China and create an enabling environment for China-US business cooperation," the spokesperson said, adding that China has made serious démarche to the US and will resolutely safeguard its rights and interests.
In a separate statement on Thursday, the Chinese Ministry of Commerce blasted the US for seeking "decoupling" of bilateral investment under the guise of "de-risking," which seriously violates the principles of market economics and fair competition that the US has always proclaimed. "China is seriously concerned about this and reserves the right to take measures," the ministry said.
Analysts said the move once again lays bare the US' hypocrisy and lack of credibility, as the US repeatedly engages in "economic coercion," while accusing others of "economic coercion," and is seeking to "decouple" from and contain China while top US officials have publicly stated otherwise. The move shows the US is getting desperate, as it comes at the expense of its own companies after years of endless crackdown measures have failed to contain China, analysts noted.
"The US is still moving forward on the track of containing China's development, and it does not even hesitate to use administrative orders to block economic and trade exchanges. The US has been doing it for many years, so the new move carries no extra significance or chilling effect," Gao Lingyun, an expert at the Chinese Academy of Social Sciences in Beijing, told the Global Times on Thursday.
Broad implications
While foreign media have hyped the seriousness of the move amid the most fraught moment in bilateral relations in decades, Chinese technology industry insiders mostly shrugged off any potentially grave or direct impact.
"Regarding the impact of the US restriction order, I think the market will not react very much. For one thing, the move has been advertised for a long time, news of which has basically been digested. Moreover, the business community has no illusions about the US government. Under the US' technology war against China, US direct investment in Chinese high-tech fields has been declining," an executive at a Chinese tech firm told the Global Times on Thursday.
The executive, who spoke on condition of anonymity, noted that while Chinese companies may face challenges in terms of technological innovation, which requires international cooperation, US companies will also be affected, as such restrictions will hurt their competitiveness.
The executive order is aimed at banning new investment, but US investment in the Chinese tech sector has already plunged due to other restrictive measures taken by the US. In 2022, total US-based venture-capital investment in China fell sharply to $9.7 billion from $32.9 billion in 2021, according to Reuters. So far this year, total venture-capital investment has reached only $1.2 billion.
Essentially, the ban is against US companies, and it is very unfair for those that hold intellectual property rights and technological advances in the affected areas, said Zhou Mi, a senior research fellow with the Chinese Academy of International Trade and Economic Cooperation.
"It [the ban] deprives US companies of the right granted by the US Constitution to reasonably choose how their funds and properties are used. From this perspective, this is very unusual," Zhou told the Global Times on Thursday. He said that through the move, the Biden administration is not only violating international market principles, but also abusing its own executive power.
The move, which is scheduled to take effect next year, has already put Chinese and US businesses further into great uncertainty, as details about specific regulations and requirements remain sketchy. Reuters reported that the US government is expected to exempt some deals. There are more than 70,000 US companies that are currently doing business in China.
"It should be noted that in the short term, administrative orders will indeed hinder the flow of funds into some Chinese companies and into China, but the ban cannot stop the nature of funds seeking to profit," Gao said, noting that US companies will always find ways around the curbs to invest in profitable projects.
Beyond the direct impact on investment, the move also brings more complications to the already extremely complex China-US relations, in which US officials continue to take toxic actions against China while also seeking to reach out to Chinese officials for dialogues. Following China visits by US Secretary of State Antony Blinken and US Treasury Secretary Janet Yellen, US Commerce Secretary Gina Raimondo is also widely reported to be visiting China soon.
While Raimondo's visit has not been officially confirmed, the investment ban could complicate such official exchanges, analysts said. "No matter who comes, the basis for talks should be mutual trust. So it is hard to imagine that one can continue to push the other party to make corresponding adjustments, while simultaneously engaging in suppression and restrictions on that party," Zhou said.
www.hrw.org/news/2022/01/25/lost-innocents
The US Military's Shameful Failure to Protect Civilians
watson.brown.edu/costsofwar/costs/human/civilians
CIVILIANS KILLED & WOUNDED
The U.S. post-9/11 wars in Iraq, Afghanistan, Yemen, Syria, and Pakistan have taken a tremendous human toll on those countries. As of September 2021, an estimated 432,093 civilians in these countries have died violent deaths as a result of the wars. As of May 2023, an estimated 3.6-3.8 million people have died indirectly in post-9/11 war zones. The total death toll in these war zones could be at least 4.5-4.7 million and counting, though the precise mortality figure remains unknown. Civilian deaths have also resulted from U.S. post-9/11 military operations in Somalia and other countries.
www.washingtonpost.com/opinions/why-do-we-ignore-the-civi...
Why do we ignore the civilians killed in American wars?
As the United States officially ended the war in Iraq last month, President Obama spoke eloquently at Fort Bragg, N.C., lauding troops for "your patriotism, your commitment to fulfill your mission, your abiding commitment to one another," and offering words of grief for the nearly 4,500 members of the U.S. armed forces who died in Iraq. He did not, however, mention the sacrifices of the Iraqi people.
This inattention to civilian deaths in America’s wars isn’t unique to Iraq. There’s little evidence that the American public gives much thought to the people who live in the nations where our military interventions take place. Think about the memorials on the Mall honoring American sacrifices in Korea and Vietnam. These are powerful, sacred spots, but neither mentions the people of those countries who perished in the conflicts.
The major wars the United States has fought since the surrender of Japan in 1945 — in Korea, Indochina, Iraq and Afghanistan — have produced colossal carnage. For most of them, we do not have an accurate sense of how many people died, but a conservative estimate is at least 6 million civilians and soldiers.
Today there is virtually no support for helping rebuild Iraq or Afghanistan — no campaigns by large charities, no open doors for Iraqi refugees. Even Iraqis who worked with the American military are having trouble getting political asylum in the United States and face a risk of retribution at home. The U.S. response to so many dead, 5 million displaced and a devastated country is woefully dismissive.
www.globaltimes.cn/page/202308/1296763.shtml
UK FM's possible Beijing trip a 'tentative contact' to reboot ties; necessary atmosphere need to be created
China ready to develop positive ties, but necessary atmosphere needs to be created
www.msn.com/en-us/money/markets/us-commerce-secretary-rai...
US Commerce Secretary Raimondo Will Visit China Next Week
(Bloomberg) -- US Commerce Secretary Gina Raimondo will travel to China next week, making her the fourth cabinet-level official to visit since June as the US seeks to sustain high-level contacts despite strains over Taiwan and US plans to limit some exports.
Raimondo will meet with senior Chinese officials and American business leaders in Beijing and Shanghai to discuss “issues relating to the US-China commercial relationship, challenges faced by US businesses and areas for potential cooperation,” the Commerce Department said in a press release.
The trip, from Aug. 27 to Aug. 30, comes at a sensitive moment in the Washington-Beijing relationship.
Earlier in August, President Joe Biden issued new investment curbs, exacerbating tensions that were already fraught over issues including Taiwan, human rights abuses in Xinjiang, intellectual property threats, and an alleged Chinese spy balloon that the US shot down in February.
Those flareups have created a difficult backdrop for other Biden administration officials during their trips to China. Secretary of State Antony Blinken, Treasury Secretary Janet Yellen and climate envoy John Kerry have each returned with a commitment to further dialogue but nothing more definite.
It’s unclear what Raimondo will deliver for US businesses, but people familiar with the matter have said she’d been hesitant to make the trip without knowing that it will produce positive outcomes for American firms.
White House National Security Advisor Jake Sullivan on Tuesday said he did not expect “a big outcome that’s fundamentally transformative.”
“We’re not sending cabinet officials to China to change China, nor do we expect these conversations to change the United States. Rather, we each have the opportunity, through this high-level engagement, to ensure that there is a basic stable foundation in the relationship, even as we compete intensively in a number of domains,” Sullivan told reporters.
www.globaltimes.cn/page/202308/1296830.shtml
Raimondo’s visit a ‘litmus test’ for US sincerity; China likely to express its biggest concern through the dialogue: experts
Cooperation in economy & trade a ‘ballast stone’ of ties; pursuing decoupling will lead to isolation
Ahead of US Secretary of Commerce Gina Raimondo's visit to China, the US has sent a series of positive signals, from the removal of 27 Chinese entities from its unverified list, to remarks like "the US is not seeking to decouple from China" made by US national security adviser Jake Sullivan, as well as Raimondo's "productive" discussion with Xie Feng, Chinese Ambassador to the US.
Chinese experts viewed Raimondo's upcoming China trip as a "litmus test" to see whether the US is sincere in fixing bilateral relations. Some experts said that China does not expect a single visit can solve all the problems in bilateral ties, but if the two sides can reach some consensus in practical areas, so as to lay a foundation for further negotiations, it would be constructive for repairing China-US relations.
While the lack of further action suggests the US is unlikely to largely align its actions with "decoupling" narrative, facts have proved that decoupling from a huge economy like China isn't supported by the majority of the world, and will only lead to one's own isolation, the experts said.
Chinese Ambassador Xie Feng on Tuesday (local time) met with Raimondo. The two officials exchanged views on China-US economic and trade ties and Raimondo's upcoming China trip.
Ambassador Xie said global recovery remains sluggish, and crises keep popping up … Since we're all in the same boat, no one can stay aloof, still less profit on others' expense. The only right way forward is to work together.
Ambassador Xie stated China's position on economic and trade issues of China's concern, requiring the US side to attach great importance and take actions to resolve them. He called on the US side to work with China in the same direction, make the list of cooperation longer and shorten the negative list, so as to make joint efforts to stabilize China-US relations.
The Chinese Embassy in the US described the meeting as "in-depth, pragmatic and constructive," while the US Department of Commerce said the discussion was "productive."
The Xie-Raimondo meeting came at a time when China's Ministry of Commerce (MOFCOM) announced Raimondo's China trip on Tuesday. During her visit from August 27 to 30 in both Beijing and Shanghai, Raimondo is expected to meet with senior Chinese officials and business executives.
Raimondo's upcoming trip follows visits by Secretary of State Antony Blinken, Treasury Secretary Janet Yellen and climate envoy John Kerry.
Lü Xiang, an expert on US studies and a research fellow at the Chinese Academy of Social Sciences, told the Global Times on Wednesday that Raimondo's visit to China is a litmus test to see whether the US is sincere in improving bilateral relations.
No matter what strategic consideration is behind US' recent sign of showing good faith, China is always interested in the bilateral cooperation in practical areas, Lü said.
Changing US' strategic competitive posture toward China is unrealistic, but as long as the two sides maintain economic and trade cooperation and manage differences effectively, there will still be a foundation and ballast for bilateral relations, the expert noted.
We cannot expect this visit to resolve all the problems. However, if Raimondo, who represents the interests of the US business community, can reach some consensus with Chinese side in practical areas, so as to lay the foundation for the next step of negotiations, it would be beneficial to China-US relations, Lü remarked.
Li Haidong, a professor at the China Foreign Affairs University, told the Global Times on Wednesday that the Biden administration is trying to leave a "diplomatic legacy" in its China policy, namely that "the relationship with China is highly competitive, but not out of control."
President Biden will spend less energy on external affairs as the 2024 election approaches, and it's natural for other countries to be cautious of the promises made by incumbent presidents during election season, said Li.
Withdrawal from decoupling?
When commenting on Raimondo's China trip, US national security adviser Jake Sullivan said Raimondo will carry a message that the US is not seeking to decouple from China, but will protect its national security, according to a Reuters report on Tuesday.
Despite that the US Commerce Department's Bureau of Industry and Security on Monday announced that it will lift 27 Chinese entities out of the "unverified list" ahead of Raimondo's China visit, there are still more than 600 Chinese companies and institutions on the US' entity list, which intends to cut off Chinese technology companies from obtaining relevant technology, equipment funds and channels.
The US has realized that "decoupling" with China is not supported by its allies and opposed by the vast majority of countries, so it has to withdraw from the actual decoupling action to avoid becoming isolated, Li said.
In essence, "de-risking" is equal to "decoupling," but the change of wording is to make its allies and other countries believe that the US' China policy is "responsible," so to make it more persuasive when Washington asks others to follow its lead, Li said.
Concepts like "economic security" and "economic alliance" have been abused by US politicians to contain China, Li noted.
Earlier this month, Biden signed an executive order restricting investments in China. The executive order is intended to further stymie China's advances in cutting-edge technology areas including semiconductors and microelectronics, quantum information technologies and certain artificial intelligence systems.
"The Chinese side is likely to express its biggest concern through the dialogue, which is the US' relentless moves in curbing Chinese high technology development," He Weiwen, former economic and commercial counselor in the Chinese consulates general in San Francisco and New York, told the Global Times on Wednesday.
The "China threats" hyped by some US politicians has roiled bilateral commercial and trade environment, He said.
Trade between the world's top two economies has been worsening since the start of the year as the US' unrelenting trade and tech war inhibited bilateral commerce.
Mexico and Canada have replaced China as the top exporters to the US. The US imported about $203 billion in goods from China in the first six months of the year, 25 percent less than in the same period in 2022, according to data from the US Department of Commerce.
Gao Lingyun, an expert at the Chinese Academy of Social Sciences in Beijing, told the Global Times on Wednesday that "to view the result superficially, the 'decoupling' or 'de-risking' move as aired by some US politicians is working."
"But we can also see that the trade between China and US' trading partners like Mexico are also on the rise, meaning that Chinese commodities are flowing into the US via those intermediates," Gao said, which signified that China and the US are deeply interwoven economically and Chinese supply chain is of vital importance to the US.
"If the two sides agree to settle certain specific issues through the dialogue, that will be a good start of improvement in the pragmatic terms," He said, adding that the establishment of a work group to deal with those issues could also be possible in the following phase.
Bright, inquisitive young minds join Sandia’s MESA complex through the Student Intern Group for Microelectronics Advancement, known as the SIGMA institute.
Interns gain hands-on research experience in growing areas of microelectronics critical to national security, including design and testing, fabrication engineering and packaging.
Here, an intern remotely operates a device to test the effect of temperature on brain-inspired computing devices
Learn more at bit.ly/3TE0woz
Photo by Craig Fritz
When I had a proper job among my tasks was looking after Microelectronics Journal and this involved writing editorials like this one. Am particularly keen on this snap as it includes one of the few photos I actually took that appeared in it.
In the photo you can see some of my home "workspace" as these modernistas have it. My IBM PC with CRT, my 21st birthday tankard, two issues then and now of the journal and two calculators. These are the most significant I think - the one at the right was a Christmas present from 1976 and the one on the left was a promo item from a show, a see-through solar-powered job. Nowadays of course people have no need of calculators as we use our phones... we lost something along the way I think but I am glad I still have those calculators in my treasure box of souvenirs of my sordid past.
More at : symbian.zdar.net
Check the coverage at : blogs.businessmobile.fr/index.php/category/smartphones-sy...
More at : symbian.zdar.net
Check the coverage at : blogs.businessmobile.fr/index.php/category/smartphones-sy...
The newly built Fusionopolis in Singapore, a science and technology powerhouse which brings together research scientists, engineers and technology experts from the public labs of the Agency for Science, Technology and Research (A*STAR) and those from the private sector. Fusionopolis is a point of convergence where companies with capabilities in infocommunications and interactive and digital media come together to test-bed new concepts and products. The proximity of Fusionopolis and Biopolis at One-North enables close collaboration between businesses from as diverse as the life science, materials science and engineering, microelectronics, manufacturing, information and communications. © Joel Boh
where ST Microelectronics is, absolutely gorgeous natural scenery as well as fantastic working environment.
His Excellency Shri K. P. Fabian, Indian Ambassador to Finland, visits the Microelectronics Laboratory in the University of Oulu. The Dean of the Faculty is seen and my colleague, Professor Leppävuori, has his back to the camera. I am on the extreme left and Fabian is on the extreme right.
Intel Capital China team with newly invested chinese portfolio co. - Eazytec and Grand Chip Microelectronics.
Pictures from the NFC Innovation Day and the NFC Innovation Award Celebration at the Barbican, London; June 26th 2018. nfc-forum.org/events/nfc-innovation-day-london/