Mike Whitney – The Unz review Oct 17, 2022
“Lots of people don’t know what happened yesterday. To put it simply, Biden has forced all Americans working in China to pick between quitting their jobs and losing American citizenship. Every American executive and engineer working in China’s semiconductor manufacturing industry resigned yesterday, paralyzing Chinese manufacturing overnight. One round of sanctions from Biden did more damage than all four years of performative sanctioning under Trump. Although American semiconductor exporters had to apply for licenses during the Trump years, licenses were approved within a month.
With the new Biden sanctions, all American suppliers of IP blocks, components, and services departed overnight – thus cutting off all service [to China]. Long story short, every advanced node semiconductor company is currently facing comprehensive supply cut-off, resignations from all American staff, and immediate operations paralysis. This is what annihilation looks like: China’s semiconductor manufacturing industry was reduced to zero overnight. Complete collapse. No chance of survival.”
Posted at Jordan Schneider’s Twitter account @jordanschnyc from a translated thread at @lidangzzz
The Biden administration intensified its war on China last week when it detonated a thermonuclear bomb at the heart of Beijing’s booming technology industry. In an effort to block China’s access to crucial semiconductor technology, Team Biden announced onerous new export rules aimed at a “comprehensive supply cut-off” of essential semiconductor technology which– according to one analyst– led to an “immediate operations paralysis.” The terror unleashed by the announcement was aptly summarized in a thread posted at Jordan Schneider’s Twitter account from a translated thread at @lidangzzz (See above quote)
Naturally, the Chinese government was blindsided by the draconian new rules which include “all Chinese advanced computing chip design companies” and will undoubtedly “ensure the elimination of all American products and technologies from the entire ecosystem.” The new sanctions regime will likely inflict significant damage on China’s thriving technology industry while causing considerable harm to US partners who were not consulted on the matter. But while the announcement was a complete surprise, it does fit with the much more extensive list of hostile US actions towards China in the last few months. Some of these include:
- Multiple US delegations (Nancy Pelosi and other sitting Congressmen) traveled to Taiwan to challenge the One-China policy that has been the cornerstone for normal relations between the two countries for the last 40 years.
- Two US warships sail through strait, BBC
- US-India maneuvers on the India-China border
- The Biden Administration’s persistent determination to provide South Korea with a lethal missile defence system that can be used for offensive purposes and which threatens Chinese security
- The relentless strengthening of an “anti-China” coalition
- Two U.S. carrier groups conduct exercises in South China Sea
- And, now–according to the Financial Times– The EU is being urged to rethink its China policy
While in no way exhaustive, the list should give the reader some sense of the uptick in belligerence that is presently aimed at Beijing. Hectoring China has become a full-time job which is not entirely unexpected as US-China “containment” policy dates back as far as the Cold War. What’s different now –as Biden’s 2022 National Security Strategy indicates– is that the US sees itself in the midst of a “great power struggle” in which the primary enemy is China who is regarded as “the only competitor with both the intent and, increasingly, the capability to reshape the international order.” (NSS) In other words, the Biden administration is admitting that we are at war with China and that we must use any means necessary to prevail in that conflict. As foreign policy analyst Andre Damon recently noted, the NSS is not a strategy for the defense of the Republic but a “blueprint for World War 3”.
Indeed, so containment alone will no longer suffice. What is required is increasingly provocative actions that will help to isolate, vilify and, ultimately, weaken China so that it becomes a “responsible stakeholder” in the “rules-based system”. In other words, Biden seeks a compliant vassal who will click his heels and do as he is told.
Sound familiar?
Biden’s onerous new export rules fit perfectly within this broader strategy of persistent confrontation and hostility. It also jibes with the oft-repeated neoconservative view that there is “no hope of coexistence with China as long as the Communist Party governs the country.” So, once again, we can see that the administration’s attacks on China are not merely designed to “contain” Chinese development but are also aimed at regime change. We believe that the recent ratcheting up of Biden’s Tech War has nothing to do with national security concerns (like “still-emerging fields of artificial intelligence and quantum computing”) but is actually another desperate attempt to preserve Washington’s loosening grip on global power. Here’s how author Jon Bateman summed it up in an article at Foreign Policy Magazine:
“The Bureau of Industry and Security (BIS) announced new… limits on the export to China of advanced semiconductors, chip-making equipment, and supercomputer components. The controls… reveal a single-minded focus on thwarting Chinese capabilities at a broad and fundamental level.... the primary damage to China will be economic, on a scale well out of proportion to Washington’s cited military and intelligence concerns….This shift portends even harsher U.S. measures to come, not only in advanced computing but also in other sectors (like biotech, manufacturing, and finance) deemed strategic. The pace and details are uncertain, but the strategic objective and political commitment are now clearer than ever. China’s technological rise will be slowed at any price.” (“Biden is Now All-In on Taking Out China”, Jon Bateman, Foreign Policy Magazine)
There it is in black and white. The US is going to do whatever it takes to preserve its top spot in the global order “come hell or high water.” And Bateman is right, there will undoubtedly be “even harsher U.S. measures to come, not only in advanced computing but also in other sectors (like biotech, manufacturing, and finance)” And that, of course, means more sanctions and tariffs, more disruption to vital supply-lines, and higher costs for everything. If you thought the war with Russia impacted energy prices, “You ain’t seen nothing yet!” Winding back 40 years of globalization is going to be an excruciating experience tantamount to major dental surgery absent the Novocain. This is from Reuters:
“The U.S. is scrambling to tackle unintended consequences of its new export curbs on China’s chip industry that could inadvertently harm the semiconductor supply chain, people familiar with the matter said….as of midnight Tuesday, vendors also could not support, service and send non-U.S. supplies to the China-based factories without licenses if U.S. companies or people are involved. As a result, even basic items like light bulbs, springs, and bolts that keep tools running may not have been able to be shipped until vendors are granted licenses. And without the minute-by-minute support the foundries need, they could begin shutting down, one source said...
The U.S. planned to review licenses for non-Chinese factories in China hit by the new restrictions on a case-by-case basis, but even if approved that could create delays in shipments. Licenses for Chinese chip factories were likely to be denied.” (“U.S. scrambles to prevent export curbs on China chips from disrupting supply chain“, Reuters)
See what I mean? More supply-line disruption means higher prices, more battered household budgets, and fewer American families able to scrape by on their shrinking wages. Does anyone in Washington think about these things before they set the wheels in motion? The Biden administration is so obsessed with containing China, it is willing to send US standards-of-living off a cliff while bringing the world even closer to nuclear annihilation. Here’s more background from an article at the Asia Times:
The US measures won’t affect China’s sensors, satellite surveillance, military guidance and other strategic systems because the vast majority of military applications use older chips that China can produce at home…..The new US restrictions won’t stop China’s 2,000 surface-to-ship and surface-to-surface missiles from targeting US aircraft carriers in the Western Pacific, or US air bases in Guam and Okinawa, and they won’t prevent China’s more than 1,000 interceptors from aiming long-range air-to-air missiles at US planes…
It will also elicit an all-out Chinese effort to replace American chip-making and design technology. CapEx and R&D will shrink drastically in the US semiconductor industry while China allocates a massive budget to the sector.
On a five- or ten-year horizon, America’s technological edge in semiconductor design and fabrication is likely to vanish. As capital budgets collapse in the Western semiconductor industry, the damage to the US and other Western economies is likely to be greater than the harm inflicted on China...an all-out US ban on chip sales to China would eliminate 37% of the revenue of US semiconductor companies, lead to … the loss of 15,000 to 40,000 highly skilled direct jobs in the US semiconductor industry.”..
At worst, the damage to China’s economy is likely to be temporary… But the impact of the incipient depression in the Western semiconductor industry may well do permanent harm. (“China chip ban a US exercise in extreme self-harm”, Asia Times)
So, it could all backfire like the poorly thought-out sanctions on Russia that have thrust all Europe into an unprecedented energy crisis?
Yep, that’s what he’s saying. The new rules will cause China some short-term pain but—in the long run—they will only hurt American industry. It’s another classic example of ‘cutting off your nose to spite your face’, which appears to be Biden’s MO on a great number of issues.
It’s worth noting, that the Biden plan is another giant leap towards “de-globalization. (which is the reimposing of cross-border trade barriers in order to prevent further economic integration and lower costs.) For decades, business and political leaders have been touting the virtues of offshoring businesses and outsourcing jobs as if that was the true expression of God’s divine plan. But now that China’s growth threatens US global hegemony, foreign policy elites have done a quick 180. Now the globalization genie must be drawn-and-quartered and shoved back into his bottle so the West can preserve its primacy by effectively divorcing itself from the Chinese powerhouse.
By the way, “decoupling” is the new buzzword among foreign policy wonks. What the word implies is that the US must implement “some degree of technological separation from China, but shouldn’t go so far as to harm U.S. interests in the process.” In other words, Washington is on track to selectively terminate many areas of commerce with China while trying not to shoot itself in its own foot.
Good luck with that.
So, where is all of this heading, you ask?
To more conflict, more confrontation, higher prices, lower standards of living and, eventually, a disintegration of the prevailing order. That much is certain. The problem, of course, is that the China hawks now control the levers of power in Washington which means that the attacks on China will intensify, decoupling will accelerate, and a massively-destabilizing international crisis will soon follow.
The Biden administration is squandering American power on unilateral actions it cannot enforce and that will no have meaningful impact on China’s development. They’d be better off looking for ways to ease the transition to a new world, then pathetically trying to turn back the clock to the bygone “unipolar moment”.
Just had a great idea.
I know how the bankers of the City of London have essentially raped, pillaged and bankrupted the retirement funds of most of England’s honest, hard-working citizens.
Why do we not start a movement to have the Royal Family and Mr Rothschild “pitch in” to make up the difference from their vast wealth?
They would never miss the money, and it would provide them with the opportunity to show the British public just how deeply they love and cherish the British people who make their life styles possible.
Do you readers think my plan has merit???
I can just imagine the headlines, in the controlled trash press!
PS Adolf Hitler got Germany out of the great depression by taking back what money Rothschilds had stolen and giving to to his poeple, why cant we do it ?
maybe because that was the real reason w e went to war
to hand germany back to the jews and thats what happened
When the US started using crude (pun intended) sanctions, which were visible to anyone interested, this signalled the end of, or at least the decline in US power.
China’s Xi has just stated that at some point in the near future, China will invade Taiwan, & there’s absolutely nothing the US can do to stop it.
China has been stockpiling commodities for decades. China could, if required, stop all imports (bar Russian energy) for 5 years and carryon as normal. Good luck Australia. lol
Apparently, Germany has said it knows who carried out the Nord Stream terror attack, but won’t say for national security reasons.
Now, why would Germany say this? Remember, they say ‘who carried it out’, not who gave the order. We now know through Swedish and German silence, that it was most likely Israel. If it were the US wot done da deed, then why commemt at all? Why stoke the fire?
If we assume that Germany is run by the US/UK, which must be the case, because the German elite has decided to destroy their economy on US/UK say so. So if they have this power, why would a German say we know, when this would be akin to fingering your boss as a global terrorist?
Let’s say that this German said ‘We know who gave the order to hit Nord Stream’? At face value, this is fingering Biden as a terrorist. Saying we know who did it, has a completely different meaning.
Just because the US military was all over the Nord Stream site, does not mean they did it. The Russians would have been watching everything that the US was doing. So I think this was a cover for another power to carryout the attacks.
Maybe the SBS did it, but I think Israel did it. I don’t think the US would be so stupid to to put their navy on site, and do the deed. A lot of sheeple in the US Navy hate wokey woke Biden. Are they now going to start bumbing off lots a navy personnel?
As I’ve said before, the irony of German made subs, given totally free to Israel, and then these subs are used to cut the Germans bolloxs off. Yes, the irony, and this it the kind of stunt the NWO sect would delight in.
German national security doesn’t exist, but US national security in Germany does exist, and so for fun, we know, but it’s not in the US national security to name the dog wot done it.
THERE WAS NO JEWISH HOLOCAUST
read about it here
http://www.renegadetribune.com/auschwitz-origins-of-the-gassing-hoax-to-genocide-jews/
will this change woke cultural deviants ?
christians for truth
see this
https://christiansfortruth.com/post-war-u-s-occupying-forces-believed-germany-justified-in-war-and-hitler-served-his-country-constructively/
Okay, this isn’t related to the article, but it’s as good as any place to put it.
This morning I received a standard email, standard, as in that it applies to account holders. Now, I won’t name my bank, but if you have an account with this bank, you’ll know who it is, but I suspect all banks are doing this, and it would be good if we got some feedback on my quoted passage of text.
“We’re adding in new provisions to allow us to stop payments in and out of your account, or block access, for safety reasons.”
I mean, wow, fecking wow!
This in MHO, is a total banking shut down, because all other banks would need to be synchronised, or they’d be chaos. I think these changes are set for the 16th January 2023. So they get Christmas, and the best of the January sales over with, then boom.
I’ve sent my bank a feedback comment, with some questions, such as their legal definition of what ‘safety’ means to the bank. They do say that you can close your account, but there’s problem with this, because all you’d be doing is transferring funds into another bank with the same threats. So I also asked, if. I give them written notice that I wish to withdraw all my funds, you will let me do this?
I wonder what they’ll say? I’ve screenshot all of my comment.
I’ve mentioned this before.
The global plan, & that’s exactly what it is,
Is to have the whole world living in a North Korean style existence.
A few with leader status & authority, the rest in survival mode.
No matter the ‘leader’ mentioned, they are ALL in on it, All of them.
As soon as the ‘Ocky-Coky’ nonsense started in very late ’19 early ’20, Every single nation (bar a literal handful) fully complied with the draconian narratives,
All these impending wars, are the horribles with sadistic minds playing ‘toy soldiers’.
What’s so hard to work out. ?
lnteresting …because of course most of the manufacturing infrastructure is actually in China anyway.. so all they are doing is removing the Western workforce …
and so it seems all ‘Westerners’ who aren’t on the ‘inside’ are for the chop..
There are those that infer..such as scribbler Whitney… that processors and suchlike are beyond the capabilities of the yella peril and associated dog eaters…he obviously doesn’t know very much..
The Chinese have had spying devices on the ‘Server’ boards they manufacture (and everything else.. because that’s what tec is actually for)..well… since they started manufacturing them (in Taiwan which they control)…
and of course these are used in every organization globally.. and all the data collated (and it is) parsed and shared with the ‘jews’..who now ahem… manufacture all the processors…(or at least have ‘corporate’ facilities in the stolen state..vaxxxines too)….
Then have a good close look at Amazon cloud that runs the DOD infrastructure and is best buddies with China and its cheap landfill ‘products’ (just like General thoroughly modern Milly and pelosi and groper joe etc etc)..
…all of it looking suspiciously like a (WeF) giveaway…. or at least an excuse for what has already been enacted…
and of course lntel management engine is spyware at the hardware level (the CPU) so they must be spying on themselves.. for the secrets that are already on the chips.. that they are already use.. to spy on the chips they are spying on that they already manufacture. .. Got it?….Well….check it out..
and by the way..quantum computing and Al are both horseshit…well at least the nonsense they would like you to ‘believe.’.
Is America trying to extricate itself from Globalism? It is one of the few places that could, but it will need a Civil War to get itself cleaned up
This was all planned years ago when the U.S. decided to find a way into China in order to control its development and growth, called globalism.
The Chinese are much smarter than to have fall for this cheap trick. Let the enemy come in then learn the technology and they had time to do this.
Western nations are putting a noose a round their necks. They seem not to want to have a peaceful world.
War is coming.
Mystic and Yogi
rothchild apointed Maggie Thatcher to close all our heavy industry and put a crippling VAT tax on small industry to shut it all down and export it to the far east, this is what rothschild wanted
Israel madea deal with the UK they said we have through torturing kids from syria iraq and palestine all the intell from the far east you let us run yours and we will share
and the man known as ” Malcolm the poof” malcmoe rifkind took it over hook line and stinker
make no mistake israel and the bankers run the whole show
and they will steal our money
Alla ewes complaining about your leaders (cream of the crappers) don’t have Saruman in the white house.
He can blow BOTH feet off and still pretend to oppose Sauron!
due to mass public outrage all cutting and shutting of childrens bodies to make them another sex may have to stop
thanks god
https://www.theepochtimes.com/39-states-take-sides-in-pivotal-trial-over-ban-on-child-transgender-surgeries_4785726.html?utm_source=healthnoe&src_src=healthnoe&utm_camp
It is all part of the globalist plan as the stomp over our faces for their totalitarian, bio-technocratic world order. China and Russia are not the real enemy. We are. We have to fight back!
Biden Signs Executive Order Designed to Unleash “Transhumanist Hell” on America and the World By Leo Hohmann
https://www.globalresearch.ca/biden-signs-executive-order-designed-unleash-transhumanist-hell-america-world/5793861
The Top Ten Creepiest and Most Dystopian Things Pushed by the World Economic Forum (WEF) By Vigilant Citizen
https://www.globalresearch.ca/top-10-creepiest-most-dystopian-things-pushed-world-economic-forum-wef/5782636
Global Planned Financial Tsunami Has Just Begun By F. William Engdahl
https://www.globalresearch.ca/global-planned-financial-tsunami-has-just-begun/5784217
This does not sound right
-China was blindsided by this move, that all US chip engineers working for Chinese have to leave
-As a result the Chinese semiconductor industry will be totally demolished
Seems to be that China, already not allowed to use US chips, would have anticipated such a move and not let itself be so dependent on US engineers.
In fact the news is that they have been hiring 100’s of Taiwanese chip engineers and are already producing 7nm chips.
China will have some problems due to this, but they’ll get through it. Thay have plenty of engineers with great educations to overcome these hurdles.
China also has unlimited access to Russian oil and natural gas delivered overland. That is something America cannot meddle with.
As for American supremacy, the Americans that harbor that thought better think this through. It’s too late. China doesn’t need America anymore.
Peter Jenkins: in a parallel or fantasy universe you might have a runner.
This was all planned. I don’t know how many times I’ve told the story about the black pensions executive that I met in the early noughties. He was from California, and he told me that all the public, and many corporate pension funds had been raided, and only had an IOU in them.
How many times does business get sold after the pension pot has been emptied. Since the late 90s, corporates and banks, haven’t been making the returns to payout on their obligation, so this is one reason why all the big Central Banks started printing money, and thus encouraging the big banks to lend all the money they were creating. There was so much money, that they created the sub-prime problem, but that wasn’t the real reason for the designed financial collapse, and anyway, that’s another tale from the darkside.
Since the turn of the millennium, interest rates have been close to zero, below zero, or just above.
Aside from the staggering debts, there’s another reason why rates are low.
Let’s say you’re a bank, and someone comes to you with a good business plan. So you agree to lend Mrs Truss the money, at x rate of interest, let’s say 7%, over a fixed period. Let’s say this period is 3yrs. This means that time has value, and the bank expects a return. Now, I don’t agree with interest, but this is classically how the system used to work.
For a very long time, lending doesn’t pay a return. Even if you take massive public spending projects, which are really corporate lushes. You could say that for every £ you spent, you could get back £3, and then it fell to £1 spent, to £1 return, and then to £2 spent, to £1 return, and £3 spent, £0 return. So spending lushes like HS2 are throw aways. And the situation got so bad they threw £20 billion at Help2Buy, with no intention to grow the economy. No, all they wanted to do was hold up notional house prices.
So no real growth for over 20yrs, falling growth, in real terms, since 2008. This is the fundamental reason why the pension funds are bust, and of course, the sudden fall in the £ has caught out the pension gamblers. Fecking rich for that wan#er Andrew Bailey to tell the pension funds to balance their books, when this corrupt fecking c##t was head of the FCA, and was given the BoE job for his ultra light touch of City regulation, which is ‘blinkers on’, where’s my gong?
For over 20yrs I been on this site highlighting the disaster that is UK plc. There’s no recovery for the UK. SNP Sturgeon can rant about independence, and Scottish pound, and a hard border, but it’s toppp late, you saddo Scots are going down with the ship. You missed your chance to escape. lol
@Carl Jones
Already had a similar experience over the weekend, purchased goods online, went to pay, was told I had to ring as there was a security issue, I was asked if I had purchased from these people before, I said many times just not using this account, so, she asked me what I was buying, I refused to say, said it was private, ok she said, we’ll stop the payment, unless of course you tell us what you are buying…Needless to say, I used another card.
@CarlJones: Just had an update from my wife who works in finance, it’s Anti-Money Laundering rules. All financial organisations have to comply.
Well, that’s what she said!
Ken Tucky: thank you for your replies.
Yes, they might say ‘money laundering’, but they often use one pretext, to hide the main reason. I wish there was more feed back.
Carl Jones on October 18, 2022 at 10:00 am
You will receive genetic reply.
Why not just ring their customer service number?
Seriously – whoever you speak to will be unprepared for the query and will put you on hold for a while whilst they get help – but as a customer, it is
a perfectly valid query.
Generic, not d*****g genetic
This is just a commie circle jerk….
Biden and Xi and Putin and rest of World leaders are playing (((typical games)))….all in bed together while Tel Aviv us ROTFLMAO
America knows exactly what it is doing. It is trying to start ww3. Why? I cannot imagine.
It would be a beautiful day if the Chinks or Russkies or Iranians could get a bunch of assassins with tactical nukes into that satanic sewer of DC and take out the Blight House, 90% of Congress, most of the “Supreme” Court, AIPAC, the criminal parasitic Federal Reserve, the criminal degenerate treasonous executives of the FBI, ATF, DEA, and CIA, and the rabid mongrels of the Joint Chiefs of Staff.
But they won’t do that because China, Russia, and Iran know damn well those entities listed above are already destroying the country from the inside out.
Renegade Tribune has got some great articles re: how we are all being played by past and present gov’ts and world events.
The Jews have their claws in far deeper geo-politically than we suspected.
Post some links soon.