“when goods (and services) don’t cross borders, soldiers will”
“when goods (and services) don’t cross borders, soldiers will”
There is a growing danger that war will go hot at some point and Taiwan is the most likely catalyst.
Because of the concentration of TSMC's chip production controlling Taiwan would mean controlling much of the world's manufacturing of chip dependent products.
Given these risks letting china control an influential social media time waster for GenZ is an enormous strategic mistake.
Our bargain with China should be simple, we get access to your markets and you get access to ours and let's all be prosperous (win win). Instead we're playing a win/lose game with them and we're losing.
It's simultaneously the most brilliant and terrifying thing I've ever seen.
"The official website www.tiktok.com of the overseas version of TikTok is currently blocked by the Great Firewall... "
The Chinese "elite capture" program is well-documented. They intentionally ensnare govt & business elites in lucrative deals with China to ensure they remain pro-China.
The media doesnt talk about this corruption as they all have movie studios and also want to sell their movies into China.
https://www.business-standard.com/article/international/tim-...