Economy
Thursday 28 September 2023
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“MTS was the first company in Russia to present the iPhone 15 Pro Max in its flagship store a day before the start of global sales."
The Russian government uses a scheme called parallel imports to avoid bans and get sanctioned foreign goods to the domestic market. That includes the iPhone 15 sold in Russia despite Apple’s exit last year. -
“In China, this vlogger took apart a Huawei Mate 60 Pro smartphone, and all components are 100% developed/made by China (from Kirin9000S chip to the camera)! This shows that US tech blockade against Huawei failed!”
Huawei's new smartphone possesses 5G technology, which is beyond the threshold set by the U.S. The fact that it's on the market suggests China may be able to mass produce the restricted communications high tech. -
“…in no country in the world, wherever the forces of the North Atlantic Alliance invaded, neither the elementary order nor the pre-war standard of living of the local population was restored.”
Since its creation, NATO has conducted military missions in six conflicts. In four countries, the quality of life and order has improved significantly. In two others — Libya and Afghanistan — the situation remains turbulent. -
"Now, criticism over the government’s lack of precautions and lack of rescue efforts might not be based on facts. For the most part, people are just venting."
Chinese netizens’ criticism is focused on the government’s decision to deliberately open flood gates and spillways causing devastation in seven low-lying flood control zones in Hebei province to prevent rivers in Beijing from overflowing. -
“Compared with the U.S., with its crackdowns, containment and protectionist approach that continues to drag down the global economy, China has been sticking to an opening-up approach with global investors while striving to maintain its own growth momentum.”
While claiming to be open to global investors, this year China launched a sweeping crackdown on consultancy and due diligence firms. Also this year, China updated its data privacy and counter-espionage law, increasing the operating risks for many multinational companies doing business in China. -
“The IPR rhetoric is just one of the many disguises that the U.S. employs to conceal its real intention to crack down on emerging economies like China, whom it perceives as a potential threat to its economic hegemony.”
U.S. legal action against China for economic espionage is a response to Beijing’s large-scale theft of intellectual property. -
“Dollar domination is on the verge of collapse.”
U.S. dollar continues to dominate global markets, even as its still outsized share in global foreign exchange reserves has dropped in recent decades. -
“To claim China [is] engaging in the so-called 'economic coercion' is no more than lodging trumped-up charges, and the accusation is totally untenable.”
Beijing is accelerating the use of economic coercion to pursue its foreign policy goals. -
Russia waged a war on Ukraine, not vice versa. Putin is wanted by the International Criminal Court for alleged war crimes.
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“[R]approchement with NATO is fraught with the loss of sovereignty, and the unrestrained expansion of the alliance is nothing more than a continuation of the neo-colonial traditions of the West."
NATO is a voluntary military defense alliance, not a neo-colonial system, membership does not affect a country’s sovereignty. -
“On the same day when TikTok CEO was questioned in the US, Apple CEO received a warm welcome in Apple’s flagship store in Beijing. Different countries, different breadth of mind.”
U.S. companies face far more scrutiny and restrictions in China than Chinese companies do in the U.S. -
Russia has only one battle tank manufacturer, UralVagonZavod. It can produce 200-250 new tanks annually.