Asia Pacific Stocks

Trump is trying to break the Europe and China alliance. Apparently, is not working.

The problem is if Euro/Pound keep getting stronger. US consumers will afford less and less from Europe. (Shipping and Air cargo costs will correspondlingly increase with less volumes) and when US is no longer profitable market for Europe. The decoupling will simply accelerate.
without Asian/European students. most of engineering schools will not survive in US.
Zombie firms like Tesla/Apple/Amazon hardly contribute to exports on scale that can tip the balance.

Apple makes lot of money but reflect as trade deficit :slight_smile:

Apple work with global supply chains. and final product is exported from China.
I even predict alot of H1b and contractors building software for Apple maybe sending money back to there home countries. and people who work for Apple maybe also buying foreign products that is contributing to trade deficit. I bought air purifiers recently. Korean made for high quality.
Just by giving high salary to some one does not mean it he is going to buy US products.

if Foreign multinationals like Panasonic which supply batteries to Tesla. see that dollar not holding value they will quickly repartriate there earnings away from dollar.

Chinese and all its partners investing in railway that is sustaining exports better. so Japanese are more and more working for them.

China investments in Railways already impacting Shipping.
I dont see Railways job looses on same scale where China trade.
30K Jobs gone. No wonder Denmark looking at Google.

Chinese investments are going all the way to North. So Saudi slowed investments in South including Texas. Expect higher energy prices and higher stock prices of what remaining energy companies. dividend paying stock after they shed employees and un profitable assets…

Zuck can be the ultimate winner after all. I like his dirty style.

:+1:

It could backfire. Every nations could demand that data related to their citizens should be kept in a server physically in their nation and can’t share info for data analysis. So need to build a local server or data center in each nation.

Tag this comment.

Again, bullish for Zuck. That makes sure no newcomer can scale to FB’s size. FB can absorb those extra costs and hires army of lawyers to navigate each country’s different legal requirements. Small rivals can’t.

It also mean no displaying of your foreign friends’ comments and profile :-1:t2: Americans can only talk to Americans, Singaporean residents can only talk to Singaporean residents. I can’t talk to my friends in Singapore. Can only talk to Americans living in America which I have none. With this change, FB is worthless to me.

For people who read Chinese. Weibo users are mad about the new Huawei cellphone. It’s not expensive, only selling for $300 USD or so, but uses a weak ass local made CPU that’s generations behind. People called it electronic trash and asked whether the high price has some patriotic premium built in.

Huawei needs that Russian too secret fab now!

But don’t worry. The Chinese censors will come in and remove those bad comments. Maybe they took Friday off?

Samsung phones also have bad comments and screen problems.and they really cheapened the plastic for the $1000. model.

This 5G phone with big screen and battery for $250. atleast they can make it for $250.
5G and big screen heavy and drains alot of battery. Apple 5G with big screen and battery will be $1000. and that without Tax paid and will be slow ramp up.
we have new taxes coming after November election. and who need to buy new phone when working from home?

some updates. There plenty of vidoes of Skoltech, Technopolis, Zelnograd on youtube etc.

There is Chinese language version of one of tech city.
https://www.skoltech.cn/

Chinese buy millions of European Automobiles, Chinese send huge amount of students and Chinese invest in Europe and Russia on scale that Taiwanese, Koreans and Japanese can simply not compete. what will be the end result? . what will happen to Silicon Valley?

This Mapper LLC was Dutch startup with production and money from Russia but registered in Europe. once everything jointly done The European part was purchased by ASML. Infact this kind of startups routinely created by big firms to join in extreme research between Russia and Europe. This will be the approach Chinese will take to make there firms more competitive in shortest time.

This is Just one Nobel winner Physics professor from Russia working Europe. Infact when you look at past 300 years. Majority of leading Mathematician, Physics and Chemistry leading lights are either Russian or Russian working in West. They maybe majority Jews in west.

However, Chinese officials believe a forced sale would make both ByteDance and China appear weak in the face of pressure from Washington, the sources said, speaking on condition of anonymity given the sensitivity of the situation.

I’d believe rule of law exists in China if Bytedance sues the Chinese government, like they did with the US government. If they just kowtow to BJ no matter how much harm it does to their company, how can we ever be sure they won’t sell us out when BJ tells them to?

If China would rather save face than collecting 30B from the sale, I say go for it.

Baseless accusation. Did you learn that from the orange man?

ByteDance said in a statement to Reuters that the Chinese government had never suggested to it that it should shut down TikTok in the United States or in any other markets.

I told you there is a valuable algorithm to safeguard and you claim there isn’t. But there is. Remember I have made the comment BJ would block if sold with algorithm before any talk about that - I assessed what may follow but you like to comment on BJ action (after the fact) has happened.

ByteDance could still push ahead with a sale of TikTok’s U.S. assets without approval from China’s commerce ministry by selling them without key algorithms.

You always talk about rule of law - typical brainwashed-by-British stance of ex-HKers/ HKers. One day you would regret that like Li Si of Qin dynasty. Btw, I believe in law of the nature :slight_smile:

Btw, surprise you believe in “anonymous sources” of the journalist - could be made up, a coverup for journalist’s own opinion.

virtual company is not that important considering not many hold any stake or stocks in it.
we already short of filters for air cleaners now. even disposable cloths that can clean car from Ashes takes months to arrive now. these car ashes are damaging the car color if night time get too damp.

Chinese are starting trains to South. They are opening 400 million people market that will go all the way Chinese own Greek Ports.

It is now Chinese government telling shippers to cut costs and add supply so it can hold down the prices for products going across the ocean. Imagine Chinese announces i am going all Railway. what will happen to world shipping industry and investors fleeing it.

Just shut it down.

Microsoft bid for TikTok’s U.S. operations rejected by ByteDance

https://www.cnbc.com/2020/09/14/microsoft-bid-for-tiktoks-us-operations-rejected-by-bytedance.html

I am in favor of shutting it down for US.

MSFT bid could be $20B for TikTok: $10B for ByteDance, $10B for Treasury. Possibly include algorithm, may be not the code though.

Nobody needs the algo. Microsoft is perfectly able to code its own. Just need the users and the platform.

So either oracle buys it or TT got shut down. Oracle is much less capable than MSFT. So either outcome would be good news for the evil Zuck.

Zuck is the big winner tonight.

ByteDance drops TikTok’s U.S. sale, to partner with Oracle: sources

Under the proposed deal, Oracle will be ByteDance’s technology partner and will assume management of TikTok’s U.S. user data, the sources said. Oracle is also negotiating taking a stake in TikTok’s U.S. assets, the sources added.

Clever Ellison :no_mouth:. Get the data he wants without spending too much.