IBM296 pjl321 said: Why does the world allow America to control them so much? What has China actually done? We aren't at war with them, they haven't invaded anywhere, they are just trying to grow like any other country but America seems petrified of them moving in on their technology monopoly and so is being ultra heavy handed in their approach controlling all companies and countries around the world saying they aren't allowed to play with China or else! What am I missing? Surely America needs ASML way more than ASML needs America? Call their bluff! Sell your products to whoever you want to and if America wants to ban America companies from using anything ASML is involved with them good luck to them, they would have to become an Amish country! You're right, but more than 70% of the components in ASML's lithography machines have American patents. If they don't comply, America can legally shut down ASML (which obviously ASML doesn't want cuz it's bad for business). Reply
Crazyy8 pjl321 said: Why does the world allow America to control them so much? What has China actually done? We aren't at war with them, they haven't invaded anywhere, they are just trying to grow like any other country but America seems petrified of them moving in on their technology monopoly and so is being ultra heavy handed in their approach controlling all companies and countries around the world saying they aren't allowed to play with China or else! What am I missing? Surely America needs ASML way more than ASML needs America? Call their bluff! Sell your products to whoever you want to and if America wants to ban America companies from using anything ASML is involved with them good luck to them, they would have to become an Amish country! One reason US doesn't like China because China "claims" Taiwan is part of China, they just haven't acted yet. Taiwan is perhaps the most important source of chips for America/the world due to TSMC. Ryzen, Nvidia, Radeon, and others have their chips made/printed in Taiwan, at TSMC. The Chinese haven't declared war, but they have engaged in aggressive actions against Taiwan, the US, and other nations. And, you know, all of BF4 was US v China. They're the 2 world superpowers, and it gets more complex and more political from there. Reply
ET3D pjl321 said: Why does the world allow America to control them so much? What has China actually done? China promotes authoritarian ideas and limiting of human rights. It also has less concern for the health of the Earth than the likes of the EU. Of course, this isn't that different than the current regime in the US, something that democratic Western countries are also worried about. China is doing a lot of work to take financial control of countries, which will allow them to have political control. The Chinese government is also using all the tech it has to suppress free speech in its own country. So China is a legitimate concern. As for the question "Why does the world allow America to control them so much?" For the same reason the world allows China to control it. Major powers have some control over smaller powers, because they are financially strong. Until this year the US was also seen as a power that protects the interests of democracy, even if its own democracy was flawed. This is no longer the case, but breaking ties is hard, due to the previous point. Reply
Alucard_13 pjl321 said: Why does the world allow America to control them so much? What has China actually done? We aren't at war with them, they haven't invaded anywhere, they are just trying to grow like any other country but America seems petrified of them moving in on their technology monopoly and so is being ultra heavy handed in their approach controlling all companies and countries around the world saying they aren't allowed to play with China or else! What am I missing? Surely America needs ASML way more than ASML needs America? Call their bluff! Sell your products to whoever you want to and if America wants to ban America companies from using anything ASML is involved with them good luck to them, they would have to become an Amish country! Because China is an enemy of the free world and of civilized society, and it is systematically stealing, undermining democracy, freedom of speech, and the principles of the civilized world. Reply
Key considerations
- Investor positioning can change fast
- Volatility remains possible near catalysts
- Macro rates and liquidity can dominate flows
Reference reading
- https://www.tomshardware.com/tech-industry/SPONSORED_LINK_URL
- https://www.tomshardware.com/tech-industry/asml-under-fire-for-selling-duv-equipment-to-chinese-firm-with-military-ties-says-the-machines-are-not-subject-to-export-controls-fears-grow-that-old-technology-will-bolster-beijings-quantum-effort#main
- https://www.tomshardware.com
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Informational only. No financial advice. Do your own research.