CHINA BEATS U.S AGAINST THIS HIGH TECH LONG WAR

President Joe Biden signed an executive order on August 9 purporting to ban U.S. companies from investing in certain advanced technologies in China. But at the same time the administration was trying to look tough on Beijing regarding AI and advanced semiconductors, Commerce Secretary Gina Raimondo was flying to Beijing to stress how “profoundly important” a “stable economic relationship” with China is, tech bans notwithstanding. She’s just the latest in a long line of administration officials sent to kowtow to President Xi Jinping and his cohorts (in Treasury Secretary Janet Yellen’s case, almost literally kowtowing in body as well as spirit), in hopes that if we look fawning and acquiescent enough Beijing will behave itself on the international stage—at least until the 2024 election. Deep Dive into Geopolitics, Business, Economic History Related to World Affairs, Climate crisis & Green Mobility. Expect New Fascinating Videos Every Week. ‼️ Disclaimer:‼️ Some of the videos, songs, images, and graphics used in the video belong to their respective owners and this channel does not claim any right over them. Copyright Disclaimer under Section 107 of the Copyright Act 1976. The information on this channel shall not be understood or construed as financial advice. We are not an attorney, accountant or financial advisor, or claim to be. The content on this channel is not a substitute for financial advice and serves for entertainment purposes only. | DISCLAIMER Reminder | The Copyright Laws of the United States recognizes a “fair use” of copyrighted content. Section 107 of the U.S. Copyright Act states: “Notwithstanding the provisions of sections 106 and 106A, the fair use of a copyrighted work, including such use by reproduction in copies or phono records or by any other means specified by that section, for purposes such as criticism, comment, news reporting, teaching (including multiple copies for classroom use), scholarship, or research, is not an infringement of copyright.” Any information on this channel shall not be understood or construed for any other purpose except for entertainment purposes only. #Tech #Electric #EVs