Associate
And they have right to do it and procect democracy.
Taiwan and China thread.
- Thread starter dowie
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Soldato
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Exclusive: U.S. weighs China sanctions to deter Taiwan action, Taiwan presses EU
The United States is considering options for a sanctions package against China to deter it from invading Taiwan, with the European Union coming under diplomatic pressure from Taipei to do the same, according to sources familiar with the discussions.
www.reuters.com
Just like the sanctions stopped Russia invading Ukraine
How many months has China had to prepare for these sanctions.Exclusive: U.S. weighs China sanctions to deter Taiwan action, Taiwan presses EU
The United States is considering options for a sanctions package against China to deter it from invading Taiwan, with the European Union coming under diplomatic pressure from Taipei to do the same, according to sources familiar with the discussions.
Just like the sanctions stopped Russia invading Ukraine
Soldato
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Years
However the US and China do a lot of trade, so it will be interesting to see - a bit like Putin's gas/oil market.
Soldato
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I guess the difference Western countries find it difficult to replace what Russia produces (hydro-carbons) or are unwilling to produce them themselves (fracking). Whilst China produces lots a ton of countries would love to eat some of their pie. Indonesia, Vietnam, Malaysia and even Western countries onshoring. The main stranglehold China has is rare earths, which we should be producing for ourselves as a strategic decision anyway (but we won't).
I think you have undervalued china contribution to the manufacturing sector, while not impossible it is a long road to replace the knowledge and factories that china has built.
Regarding rare earth minerals, the next battleground is Africa and china has pretty good head start on the west.
Soldato
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Don't disagree at all but factories can be built and the money that's not flowing to China would pay for them. Strategic hydrocarbons are where they are and currently difficult to replace. I'm not sure we have any idea how we're going to replace them in plastics or fertilisers yet we're just hoping. Rare earths apparently not so rare just difficult to extract I believe and the West gave up and left it to the Chinese in the early noughties. Doh!
The U.S senate has passed the Taiwan Policy Act.
It still needs approval by Congress, but the first hurdle is done.
It represents a significant change in policy on Taiwan.
If passed by Congress in its current form, it would:
* Allocate $4.5 billion in defense assistance to Taiwan, this includes anti air and anti ship missiles and systems.
* Setup a regime of sanctions that would hit China if China shows aggression towards Taiwan
* Put in writing that US policy is to persuade China to never invade Taiwan and for Taiwan to never declare independence
* Designate Taiwan with the "major non-NATO ally" status
It still needs approval by Congress, but the first hurdle is done.
It represents a significant change in policy on Taiwan.
If passed by Congress in its current form, it would:
* Allocate $4.5 billion in defense assistance to Taiwan, this includes anti air and anti ship missiles and systems.
* Setup a regime of sanctions that would hit China if China shows aggression towards Taiwan
* Put in writing that US policy is to persuade China to never invade Taiwan and for Taiwan to never declare independence
* Designate Taiwan with the "major non-NATO ally" status
Soldato
China will hate that.
They seem hellbent on taking over Taiwan no matter the cost.
They seem hellbent on taking over Taiwan no matter the cost.
Well they will suffer it then; I am glad we have spelled out that the cost will be high. Very good from Biden, he has been impressing me recently.
From a video I saw it seems chinas plan is to use their rocket artillery to soften the target, interesting to see how this goes. They kind of need missle defense as well.
What does that mean? China has been showing agression for years now. So are we going to roll out sanctions now? Or do we wait for the invasion?
So maintain the status quo. We will see how this goes.
What does that mean in practise?
Soldato
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Seems like it will happen within the next 5 years
Caporegime
If we think the fallout from high gas prices is bad, just wait for all the sanctions against China to kick in.
Don
Indeed. Want a GPU? Hahahaha.
Probably why we decoupling now, to make the sanctions that China will be hit with more tolerable to western economies.
The US has banned high end chip sales, they're now on the road to banning airplane sales and a bunch of recent orders from Boeing have been blocked and will not be allowed to leave the U.S
Germany announced its foreign policy has changed and it will no longer seek diplomatic policy via trade with China (or Russia), and as a result, major changes to trade between Germany and China can be expected to come.
The era of doing business with your enemies is coming to an end, not overnight like it did with Russia, but a slow cutback over the next decade and possibly sooner if the world pushes to cut china off for a Taiwan invasion.
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Soldato
Better late than never. This should have started a decade ago,
Beyond western consumers addiction to cheap tat we don’t need there is no medium or long term benefit to trading with China. WTO membership should have always been conditional on meeting certain democratic and economic transparency criteria.
I’d much rather rip the plaster off tbh.
The risk now is they attempt to undermine the west by backing (overly or covertly) another trump like figure. We need to start protecting against that now.
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