https://archive.ph/PYeYc#selection-1353.0-1353.64

  • buckykat [none/use name]
    ·
    2 months ago

    Biden is expected this week to quadruple tariffs on Chinese EVs and sharply increase levies for other key industries. The moves are designed to safeguard the effectiveness of investments that his legislation is making in those same sectors in the US.

    “The president wants to make sure that he protects these investments,” Yellen said. “He believes it unacceptable — as I do — to be completely dependent on China in these areas,” given that Beijing engages in massive subsidies and “is really not playing by the rules.”

    Our "effective investments" vs their "massive subsidies"

      • buckykat [none/use name]
        ·
        2 months ago

        China is not playing by the rules. You can tell because their shit actually works.

      • MolotovHalfEmpty [he/him]
        ·
        2 months ago

        Chinese charging networks exist because they're important infrastructure.

        What little American charging networks exist (but often don't work) are their through minor regulatory punishment.

    • Parent [none/use name]
      ·
      2 months ago

      Is "not playing by the rules" here referring to Chinese government subsidies of EVs? How much is it subsidized anyway compared to say energy credits Tesla gets? Anyone have numbers to get a sense of scale of this claim?

    • barrbaric [he/him]
      ·
      2 months ago

      If the whole administration were swallowed by the earth, the world would be a slightly better place.

    • GrouchyGrouse [he/him]
      ·
      2 months ago

      Time will take her soon, God willing. She already looks like dust wrapped in crepe paper

  • Teekeeus [comrade/them]
    ·
    2 months ago

    China Anti-Espionage Laws Threaten Pharma Supply Chains and Multinational Manufacture in China

    Western pharmaceutical groups are warning of worsening disruption to supply chains because of problems certifying manufacturing sites in China, with some factory inspectors refusing to visit the country over fears of arrest for spying and others denied entry to facilities.

    Many people that we spoke to, both former government officials and some in industry said that if China shut the door on exports, within months, pharmacy shelves in the United States to be empty, and hospitals would cease to function.

    • GlueBear [they/them, comrade/them]
      ·
      2 months ago

      with some factory inspectors refusing to visit the country over fears of arrest for spying and others denied entry to facilities

      What on earth could factory inspectors be spying for? Like I don't put it past them, but at this point I'd like to know.

      • D61 [any]
        ·
        2 months ago

        Probably more of a fear of the claim that they were spying... though how much of this fear is actual and how much of this is fabricated by the USA companies is not investigated in the text that I skimmed.

      • Wheaties [comrade/them]
        ·
        2 months ago

        the cop of the imagination does so much more to curtail behavior than any real cop ever could

    • KoboldKomrade [he/him]
      ·
      2 months ago

      Oh boy can't wait to go without my Fancy Meth (ADHD meds fyi) again because of the evil drug laws America has those dang Chinese.