Reply to post: Re: Doesn't really make sense

Xiaomi hit by US sanctions: Can't list on stock exchanges and investors can't invest

Anonymous Coward
Anonymous Coward

Re: Doesn't really make sense

>It’s becoming ever more clear that the US can’t compete on merit any more

Utter nonsense. All phones use ecosystems created by US companies. They dominate the online world.

The problem is the US is capitalism's biggest fan. It's cheaper for a company to have things made for them in China using cheap labour and lax environmental laws. The fact that this puts Americans out of work isn't their problem. The fact that it gives China access to the technology also isn't their problem.

There's not a great deal positive to credit Trump for but at least he's recognised this and tried to do something about it. However, the way he has done it has been mostly ineffective because stuff is still being sent there.

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