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World News
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Title: A Dolorous Imbalance
Source: [None]
URL Source: https://www.unz.com/freed/a-dolorous-imbalance/
Published: May 12, 2021
Author: FRED REED
Post Date: 2021-05-12 07:39:38 by Ada
Keywords: None
Views: 61
Comments: 1

America Makes Aircraft Carriers, China Makes Money

First, America increasingly relies on strong-arm tactics instead of competence. For example, in the de facto 5G competition, Washington cannot offer Europe a better product at a better price, so it forbids European countries to buy from China. The US cannot compete with China in manufacturing, so it resorts to a trade war. The US cannot make the crucial EUV lithography equipment to make advanced semiconductors, as neither can China, but it can forbid ASML, the Dutch company, from selling to China. Similarly, the US cannot compete with Russia in the price of natural gas to Europe, so by means of sanctions it seeks to keep Europe from buying from Russia. This is not reassuring.

Second, the Chinese are a commercial people, agile, fast to market, cutthroat, known for this throughout Asia. America is a bureaucratized military empire, torpid by comparison. America has legacy control over a few important technologies, most notably the crucial semiconductor field and the international financial system. Washington is using these to try to cripple China’s advance.

A consequence has been a realization by the Chinese that America is not a competitor but an enemy, and a subsequent explosion of investment and R&D aimed at reducing dependence on American technology. There is the well-known 1.4 trillion-dollar five-year plan to this end. One now encounters a flood of stories about advances in tech “to which China has intellectual-property rights” or similar wording.

They seem deadly serious about this. Given that Biden couldn’t tell a transistor from an ox cart, I wonder whether he realizes that every time the US pushes China to become independent in x, American firms lose the Chinese market for X, and later get to compete with Chinese X in the international market. Anyway, give Trump his due. He lit this fuse.

A few snippets

Prototype of China’s 385 mph maglev train The above beast, developed entirely in China, is the first to use high- temperature superconducting magnets to keep the train floating just above the rails. HTSC magnets are a Big Deal because they can achieve superconductivity using liquid nitrogen as coolant instead of liquid helium for classic superconductivity, this costing, say the Chinese, a fiftieth of the price of using helium. The use of HTSC is very, very slick. The train will extensively use carbon-fiber materials to keep weight down, suggesting that the Chinese cannot distinguish between a train and an airplane.

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#1. To: Ada (#0)

Ever wonder why Russia, Japan, India, Australia and New Zealand DO NOT WANT THE US TO WITHDRAW FROM ASIA AND WESTERN PACIFIC????

Cynicom  posted on  2021-05-12   7:55:18 ET  Reply   Trace   Private Reply  


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