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Economy => Economics => Topic started by: Upgrade00 on July 06, 2020, 07:03:55 AM



Title: [Updated] Rising tensions and effect on global trade
Post by: Upgrade00 on July 06, 2020, 07:03:55 AM
India recently banned 59 Chinese apps within their region as tensions continue to rise between the two nations. India claimed to have received reports of data misuse by the Chinese apps which were blacklisted;
“The compilation of the data, its mining and profiling by elements hostile to national security and defence of India, which ultimately impinges upon the sovereignty and integrity of India, is a matter of very deep and immediate concern which requires emergency measures,” it said. “There have been raging concerns on aspects relating to data security and safeguarding the privacy of 130 crore Indians. It has been noted recently that such concerns also pose a threat to sovereignty and security of our country.”
This is the latest on the ongoing dispute between both nations over the Line of Actual Control that separates both territories for which dozens of soldiers were reported to have been killed just recently.

Both nations are the most populous in the world and trade tensions between them could impact the growth of businesses which are heavily reliant on the other. China are mostly the producers while India consumes their product, this ranges from a social platform to machinery;

"...According to the World Bank, India imports more goods from China than any other country, buying more than $90 billion worth of products in 2018 including machinery and electronics, chemicals and consumer goods. It exported less than a fifth of that amount to China.

Now, the spat is spilling over into technology, threatening billions of dollars worth of investments into India by Chinese tech giants.

India is now the biggest overseas market for Chinese smartphone makers, which have built factories and created jobs in the country. The attack on Chinese apps could jeopardize China's ambitions to dominate global tech, with India viewed as a major growth market for internet companies such as ByteDance..."

Source - https://amp.cnn.com/cnn/2020/06/30/tech/india-china-app-ban-intl-hnk/index.html

This appears to be a political move from one or both parties, the two possible scenarios are;
• The Chinese government is attempting to use the popularity of companies within its region to get public data
• The Indian government is trying to hurt Chinese based companies as it has one of the largest consumer base for their products.
The Indian government would likely encourage its citizens to use local products, this however could affect the nation if this does not meet the required standards.

Both countries are members of the World Trade organization, with the goal of maintaining a peaceful and efficient trade between nations.
How do you think political interventions would limit the growth of companies and affect global trade?

Edit:
More recently, The United States have imposed a ban on operations of Chinese apps within the country, notable Tiktok and WeChat. A day after the Mike Pompeo started a 'clean network' program;
"On Wednesday, U.S. Secretary of State Mike Pompeo expanded a program dubbed "Clean Network" to prevent various Chinese apps and telecoms firms from accessing sensitive information on U.S. citizens and businesses."

The U.S president Donald Trump issued a sweeping ban on both Chinese apps, citing security risk as the main reason. This ban which was made on the 6th of August, 2020 and would take effect on the 20th of September, 2020 (45 days after).

Winners and lossers
The losers here would be Tiktok, WeChat owned by Bytedance and investors Tencent holdings all of which may have already suffered loses or are estimated to. China released a statement following the announcement;
"China said on Friday the companies comply with U.S. laws and regulations and warned that the United States would have to "bear the consequences" of its action.

"The U.S. is using national security as an excuse and using state power to oppress non-American businesses. That's just a hegemonic practice," foreign ministry spokesman Wang Wenbin told a media briefing.
"

There are however winners in this, Microsoft are looking to purchase Tiktok USA before the end of the 45 day ultimatum, this would include all operations within the country. As the brand is banned it would definitely be rebranded.
Instagram are also planning on launching their new video based section, which has so many similarities with Tiltok. The weakening of their competition could give Facebook a route to exploit and gain more monopoly over the social market.
This was not lost on Tiiktok who retweeted the launch tweet (https://twitter.com/tiktok_us/status/1291491462987751424?s=20) by Instagram with a comment; "Well... this looks familiar"

Source - https://www.yahoo.com/news/trump-issues-orders-u-ban-023044461.html


Update
This weekend, Bytedance are reportedly planning to challenge the executive order;
TikTok's legal challenge pertains to an earlier executive order, which Trump issued on Aug. 6, the sources said. That order directed the Secretary of Commerce to come up with a list of transactions involving ByteDance and its holdings that should be banned after 45 days.

TikTok plans to argue that the Aug. 6 executive order's reliance on the International Emergency Economic Powers Act deprives it of due process, according to the sources. TikTok will also contest its classification by the White House as a national security threat, the sources added.

This legal step is most likely an attempt to improve their bargaining position as negotiations continue. It would not stop the process of then divesting their operations within the country.


Title: Re: Rising tensions and effect on global trade
Post by: Lucius on July 06, 2020, 01:48:38 PM
"...According to the World Bank, India imports more goods from China than any other country, buying more than $90 billion worth of products in 2018 including machinery and electronics, chemicals and consumer goods. It exported less than a fifth of that amount to China.

In my view of the situation, this development does not surprise me at all, because it is only a policy of weakening China in the sense to prevent them to become the world's leading economic power. But that doesn't mean that India is doing it on its own, but that the whole thing has long been cooked in the US kitchen.

The war in the economy and the dominance over world control has been going on for decades between the USA (and its allies) on the one hand, and China (and its allies) on the other. The man who has become very important in the Trump administration is called Michael Pillsbury (https://www.politico.com/story/2018/11/30/trump-china-xi-jinping-g20-michael-pillsbury-1034610), and his book The Hundred-Year Marathon (https://nypost.com/2015/02/08/chinas-secret-plan-to-topple-the-us-as-the-worlds-superpower/) reveals some things he thinks have been done wrong for decades, resulting in a complete turn towards China.

A trade war between China and India would only mean an even greater weakening of China, as India will have to turn to imports from some other countries. I don't think you need to be too intelligent to see the bigger picture of the problem, and here the economic-political war is obviously at work in what seems to be its initial stage.


Title: Re: Rising tensions and effect on global trade
Post by: fiulpro on July 06, 2020, 02:21:03 PM
India recently banned 59 Chinese apps within their region as tensions continue to rise between the two nations. India claimed to have received reports of data misuse by the Chinese apps which were blacklisted;
“The compilation of the data, its mining and profiling by elements hostile to national security and defence of India, which ultimately impinges upon the sovereignty and integrity of India, is a matter of very deep and immediate concern which requires emergency measures,” it said. “There have been raging concerns on aspects relating to data security and safeguarding the privacy of 130 crore Indians. It has been noted recently that such concerns also pose a threat to sovereignty and security of our country.”
This is the latest on the ongoing dispute between both nations over the Line of Actual Control that separates both territories for which dozens of soldiers were reported to have been killed just recently.

Both nations are the most populous in the world and trade tensions between them could impact the growth of businesses which are heavily reliant on the other. China are mostly the producers while India consumes their product, this ranges from a social platform to machinery;

"...According to the World Bank, India imports more goods from China than any other country, buying more than $90 billion worth of products in 2018 including machinery and electronics, chemicals and consumer goods. It exported less than a fifth of that amount to China.

Now, the spat is spilling over into technology, threatening billions of dollars worth of investments into India by Chinese tech giants.

India is now the biggest overseas market for Chinese smartphone makers, which have built factories and created jobs in the country. The attack on Chinese apps could jeopardize China's ambitions to dominate global tech, with India viewed as a major growth market for internet companies such as ByteDance..."

Source - https://amp.cnn.com/cnn/2020/06/30/tech/india-china-app-ban-intl-hnk/index.html

This appears to be a political move from one or both parties, the two possible scenarios are;
• The Chinese government is attempting to use the popularity of companies within its region to get public data
• The Indian government is trying to hurt Chinese based companies as it has one of the largest consumer base for their products.
The Indian government would likely encourage its citizens to use local products, this however could affect the nation if this does not meet the required standards.

Both countries are members of the World Trade organization, with the goal of maintaining a peaceful and efficient trade between nations.
How do you think political interventions would limit the growth of companies and affect global trade?

Okay , let's face this, the trade industry kind of in a turmoil between the two nations , but at the same time it is supposedly a good thing :

•Bulbonic Plague is reported in China
•New Pandemic potential Swine flu virus was reported last week

I do think it's time we stay safe and if needed , ban the trade . Chinese products don't have much shelf life and are most of the times just used because they are cost effective. India can very easy employee their population for new industries and start producing things inside their own country.

They have millions of people who are in search of job and resources can be used Efficiently.

This fight is endless , they are fighting a cold war since ages and sooner or later were bound to have problems visible to the whole world. Right now we can only hope that they don't go into War , sign a peace treaty and leave both sides undisturbed.

War should never be an option.


Title: Re: Rising tensions and effect on global trade
Post by: suzanne5223 on July 06, 2020, 02:43:34 PM
A situation like is expected to happen sooner or later because in the year 2019 before the pandemic issue, India was seen as one of the fastest growing major economy in the world and it was predicted to overtake of the U.K and Germany.
Meanwhile,their last year economy growth left some suspicion and China in the other are know for their centralization habit. I believe this is what led to the data misuse by the Chinese.
 As we're all aware that the two countries goals as a member of  World trade organization it better the political interventions make a positive correction rather add salt to the wound due to what are at stake.


Title: Re: Rising tensions and effect on global trade
Post by: Sanugarid on July 06, 2020, 03:44:43 PM
These application banning due to some possible 'data stealing' is an old way of hurting someone's economy, these are just a reason so China would respond properly. There have been applications, trending applications that has been reported to be stealing someone's data once they log into it, but I think those are not true. Last few weeks, there were reports circulated on the media that the FaceApp was used by some Russian organization to steal data from its users, turns out to be not true.


So I guess these things happening between China and India is real, it's not about the problem that they are fronting, it's about India telling China that they can fight them.


Title: Re: Rising tensions and effect on global trade
Post by: Coyster on July 06, 2020, 05:08:33 PM
A trade war between China and India would only mean an even greater weakening of China, as India will have to turn to imports from some other countries. I don't think you need to be too intelligent to see the bigger picture of the problem, and here the economic-political war is obviously at work in what seems to be its initial stage.
National trade policy has always involved politics in one way or another, countries trade more with those they have close political ties with, and the moment there's a fraction on their political landscape, they both seek means to frustrate the economy of the other (it being the backbone of every country) in anyway they can. China vs India are the latest in this economic cum political war and imo it's going to impede China more, they are more of the front-runners in the chase against the US to be the leading economy in the world; and obviously China threw themselves into this political war without assessing what they stand to lose in the grander picture.
I do think it's time we stay safe and if needed , ban the trade . Chinese products don't have much shelf life and are most of the times just used because they are cost effective. India can very easy employee their population for new industries and start producing things inside their own country.
Producing things/goods locally does not inhibit international trade, AFAIK it's not possible to use only things produced locally, and every country imports either goods or uses applications etc made by others. TikTok was one of those applications India banned, with more users there than anywhere else in the world (http://routenote.com/blog/top-10-countries-with-the-largest-number-of-tiktok-users/), how do you expect all these people to leave TIkTok for another (local) app.


Title: Re: Rising tensions and effect on global trade
Post by: Upgrade00 on July 06, 2020, 08:04:38 PM

I do think it's time we stay safe and if needed , ban the trade . Chinese products don't have much shelf life and are most of the times just used because they are cost effective. India can very easy employee their population for new industries and start producing things inside their own country.
A huge percentage of the world has become heavily dependent on Chinese products and a transition to some other source or locally produced goods would not be easily sustainable nor would it be swift.
A look at this chart from 2013 shows how the Chinese manufacturing sector kept rising during its industrialization, while most of the other nations in the top five had flattened out;
Source - https://www.stlouisfed.org/publications/regional-economist/april-2016/chinas-rapid-rise-from-backward-agrarian-society-to-industrial-powerhouse-in-just-35-years#fig2
And from then till now their reach has expanded further

and China (and its allies) on the other.
Pakistan appears to have picked their side (https://www.google.com/amp/s/m.hindustantimes.com/world-news/committed-to-one-china-policy-pak-foreign-minister-assures-chinese-counterpart/story-fZsNFNTuCTlg29qVAkQHZO_amp.html) they would reportedly gain funding for a hydroelectric project from China within the borders. It's now a struggle for individual and shared interests.


Title: Re: Rising tensions and effect on global trade
Post by: Darker45 on July 07, 2020, 04:18:19 AM
While it is true that India may have political reasons or perhaps even economic reasons why they ban a lot of Chinese apps, they definitely also have valid security reasons against these technological inventions.

Of course, the tension between the two countries may have accelerated these decisions. However, we have to take note that India is not the only country in the world that bans certain Chinese apps on security grounds. These apps being found to be spying for China.


Title: Re: Rising tensions and effect on global trade
Post by: bitbunnny on July 07, 2020, 04:29:30 AM
A situation like is expected to happen sooner or later because in the year 2019 before the pandemic issue, India was seen as one of the fastest growing major economy in the world and it was predicted to overtake of the U.K and Germany.
Meanwhile,their last year economy growth left some suspicion and China in the other are know for their centralization habit. I believe this is what led to the data misuse by the Chinese.
 As we're all aware that the two countries goals as a member of  World trade organization it better the political interventions make a positive correction rather add salt to the wound due to what are at stake.

Just because the situation like you've described and tendency of some countries to grow and develope fast in economic way and thus overcome some other superior countries some say that this pandemic wasn't accidental and that the purpose was to create new world order and slow sone countries down, like India and China.
I.don't believe in conspiracy theories but on the other hand when we look in what world we live in nothing seems to be impossible.


Title: Re: Rising tensions and effect on global trade
Post by: jrrsparkles on July 07, 2020, 05:05:17 AM
AFAIK, apps are not included in the world trade list, so we can't do anything with respective government's decision.And we all knows that China is collecting user data from all over the world and in many countries their apps were banned temporarily so this as well will be a temporary ban.While China never allow any company to work in their region from any other country but they expect every country to allow their apps.Its unfair though.


Title: Re: Rising tensions and effect on global trade
Post by: TheUltraElite on July 07, 2020, 05:30:13 AM
AFAIK, apps are not included in the world trade list, so we can't do anything with respective government's decision.
The thing is that even if apps are not trade list, they are what is running the world today. Even new project is developing their own app and marketing it. This generate revenue and this what the smartphone ecosystem is working on.

Banning an app like say facebook would lead to massive amount of loss for the company and its investors. Thus it is a type of diplomatic stance to prevent them from doing what they were doing and making money off it. Now I agree that it does not seem conventional but it is effective. Some countries have done so in past and I appreciate this current stance by the Indian government.

The youth of this country needs to understand what is important to them and not get clogged on social media bullshit.


Title: Re: Rising tensions and effect on global trade
Post by: ecnalubma on July 07, 2020, 05:34:15 AM
China and India border tension surprised the chinese government they probably didn't see it coming, now their dream of becoming economic leader might slowly fade. If trade war between China and other nations get worse then billion dollars of revenues and deals will vanished.

I think China will have a hard time gaining good relationship between big and small countries they have created a lot of troubles this decade. From creating tensions in south China sea, crisis in Hongkong, trade war, the pandemic and now the tension between India. What will be next?



Title: Re: Rising tensions and effect on global trade
Post by: TIDOVEE on July 07, 2020, 05:41:25 AM
At first, if the Indian decides to ignore Chinese products, consider it as an opportunity for them to discover their potentials, time as come that every nation has to rise up and see how far they can be less dependent, I'm am not saying we do not need a mutual benefit relationship but looking beyond the political, see the way movement was restricted during the pandemic and now imagine how nations will survive if they will have to wait for another country.


Title: Re: Rising tensions and effect on global trade
Post by: jrrsparkles on July 07, 2020, 05:42:54 AM
AFAIK, apps are not included in the world trade list, so we can't do anything with respective government's decision.
The thing is that even if apps are not trade list, they are what is running the world today. Even new project is developing their own app and marketing it. This generate revenue and this what the smartphone ecosystem is working on.

Banning an app like say facebook would lead to massive amount of loss for the company and its investors. Thus it is a type of diplomatic stance to prevent them from doing what they were doing and making money off it. Now I agree that it does not seem conventional but it is effective. Some countries have done so in past and I appreciate this current stance by the Indian government.

The youth of this country needs to understand what is important to them and not get clogged on social media bullshit.
While China never allowed any company to work from outside of their country that is why google,facebook,whatapps even Chinese game like PUBG is not available in their country.This has political reasons though so China needs to change their behaviour towards other countries economically or they will get big damage to their economy in long run.


Title: Re: Rising tensions and effect on global trade
Post by: Upgrade00 on July 07, 2020, 05:55:58 AM
Update:
Just days after the ban on Chinese apps by India, the U.S. appears to be planning a similar action. The United States is 'looking at' banning TikTok and other Chinese social media apps, Pompeo says (https://amp.cnn.com/cnn/2020/07/07/tech/us-tiktok-ban/index.html?__twitter_impression=true)
The secretary of state said during an interview in response to a question about the nation's stance that;
Quote
"With respect to Chinese apps on people's cell phones, I can assure you the United States will get this one right too, Laura," he said. "I don't want to get out in front of the President [Donald Trump], but it's something we're looking at."

Washington's top diplomat added that people should only download the app "if you want your private information in the hands of the Chinese Communist Party."


Title: Re: Rising tensions and effect on global trade
Post by: slapper on July 07, 2020, 07:42:23 AM
I believe this case will heavily damage the global trade and international business since both of them are countries with the most population in the world. They created a lot of jobs as well as consume a huge amount of product from each other. This move will affect the world a lot. However, in my opinion, this also a good chance for factories locating in China to be moved to India, which creates a lot of new work for employees and people. Moreover, this impact can also make China less powerful in the future, especially when they are having too many authorities to do whatever they want

Seeing both sides of a coin is always important. This conflict can not push the world into another chaos again. Let see how our world develops and become stronger day by day


Title: Re: Rising tensions and effect on global trade
Post by: Lucius on July 07, 2020, 09:59:40 AM
Update:
Just days after the ban on Chinese apps by India, the U.S. appears to be planning a similar action.

This only confirms what I wrote in my previous post, and that is that India is not making such moves on its own, but that it is under the influence of the US which values only cheap labor in China. Everything else is bad and a threat to national security, and even one application used mainly by teenagers is a danger? In the end, it all comes down to who is spying on whom - or rather, use Facebook and Twitter so that only our local security agencies can spy on you.

In other words, it is normal for us to spy on the whole world - but we will not allow anyone to spy on us ::) Well, good luck with that idea, but as you treat others, they will they treat you.


Title: Re: Rising tensions and effect on global trade
Post by: davis196 on July 07, 2020, 12:27:07 PM
To summarize the situation-No country in the world trusts China anymore.
China has been acting pretty sneaky after the coronavirus pandemic.They simply want to spy everyone.
I don't think that the upcoming trade war between India and China will have any impact over the global trade.
90 billion dollar import is not such a big amount.
India will slowly decrease it's dependence from Chinese import (by using the good old protectionist policies of reducing the import and stimulating domestic production)while China might become more isolated from the rest of the world-both economically and politically.The western countries will soon follow India's example.


Title: Re: Rising tensions and effect on global trade
Post by: abhiseshakana on July 07, 2020, 01:32:21 PM
If the two countries want to draw and not think of a counter strategy from the big powers, now is the right place for America's role in global leadership at its lowest point in history. Trump American First's policies and Trump's personal agenda for building dynasties in the US, following in the footsteps of Xi and Putin, then the Corona pandemic which made globalization degenerate and each country has the opportunity to make its own choices.

India's Chinese tensions also show that Personal diplomacy between Xi & Modi is more directed towards confrontation rather than maintaining a balance of power and active free politics between the two countries. Both are countries with large economic powers, although India lost the start and one level below China in the military field.

The pattern of relations here is that China is taking action and India is reacting. After success with OBOR (mastering land routes), China began to build its maritime power, the aim was to strengthen the influence of the Eurasian region and India to become a stumbling block China dominates Asia, let alone the close relations between India and America. Modi is very smart in dragging America into the Indian-Chinese conflict by making America a strategic partner. America will be a little cautious with India because wrong policies will trigger negative sentiments of Islamic countries.

Technology is one way India can take to fight. India needs to use skilled human resources in the field of information technology because India needs to create offensive cyberspace technology when there is a status quo in the region. India must be able to use the digital world and internet networks as part of intelligence-based warfare with AI applications. Technology is India's strength compared to China. So it will be India's priority to implement a broken petal strategy against China in various sectors.


Title: Re: Rising tensions and effect on global trade
Post by: so98nn on July 07, 2020, 02:22:09 PM
Quote
This appears to be a political move from one or both parties, the two possible scenarios are;
• The Chinese government is attempting to use the popularity of companies within its region to get public data
• The Indian government is trying to hurt Chinese based companies as it has one of the largest consumer base for their products.
The Indian government would likely encourage its citizens to use local products, this however could affect the nation if this does not meet the required standards.

Both countries are members of the World Trade organization, with the goal of maintaining a peaceful and efficient trade between nations.
How do you think political interventions would limit the growth of companies and affect global trade?

And this is not just speculation but it is actually taking effect. Many pharma companies are now on the verge of refusing the raw material that is used in the formulation of drug products. For example, most of the Active Pharmaceutical Ingredient (API) is imported from the chinese market because those people have ability to mfg it with bulk amount and thus reducing the costs.

However, due to poor infrastructure or low standardisation policies Indian API manufacturers have always failed to produce quality API which is why it was needed to import.

But with the PM's initiative of using local products may change the whole scenario and brand new manufacturers might start showing heads up very soon. I believe this is just start of one sector.

Many other sectors like mobile phone companies, electronic consumable, raw material will be getting produced inhere so as to boycott china stuff.

This is both good or bad for now, but we will get to know the results after couple of years How India is doing without China.


Title: Re: Rising tensions and effect on global trade
Post by: Febo on July 07, 2020, 02:47:30 PM
A trade war between China and India would only mean an even greater weakening of China, as India will have to turn to imports from some other countries. I don't think you need to be too intelligent to see the bigger picture of the problem, and here the economic-political war is obviously at work in what seems to be its initial stage.

Trade war always weaken both sides. India and China will both be strongest economies of this century. Sp for sure there will always be tension between these two countries. Both can still even if totally stop trading with other side.


Title: Re: Rising tensions and effect on global trade
Post by: Philipping on July 07, 2020, 03:19:20 PM
Big war to ban tiktok apps? Applications, not companies, have been banned, is a common occurrence in stats. Without it, there would have been no benefit to vpn.
Indians will continue to use those sites so if you want to fight a service you need to make an alternative to it and make it attractive as investors can benefit from it and develop it.
some Indians had given the app a negative score with less than 3.6. that is big war happen in google play store


Title: Re: Rising tensions and effect on global trade
Post by: suzanne5223 on July 07, 2020, 09:42:36 PM
A situation like is expected to happen sooner or later because in the year 2019 before the pandemic issue, India was seen as one of the fastest growing major economy in the world and it was predicted to overtake of the U.K and Germany.
Meanwhile,their last year economy growth left some suspicion and China in the other are know for their centralization habit. I believe this is what led to the data misuse by the Chinese.
 As we're all aware that the two countries goals as a member of  World trade organization it better the political interventions make a positive correction rather add salt to the wound due to what are at stake.

Just because the situation like you've described and tendency of some countries to grow and develope fast in economic way and thus overcome some other superior countries some say that this pandemic wasn't accidental and that the purpose was to create new world order and slow sone countries down, like India and China.
I.don't believe in conspiracy theories but on the other hand when we look in what world we live in nothing seems to be impossible.
Youre right but people will have different assumption about the reason behind the rising in tensions which was presumed to be a strategy to shift world order as you said.
 What i heard when China maintain their economy then, is that China are behind it all in other to be leader which the reason why their economy was not affected but i dont see conspiracy as something important now.


Title: Re: Rising tensions and effect on global trade
Post by: Stedsm on July 07, 2020, 10:40:26 PM
I'm from India and I know the level of tensions going on between both the countries but you also can't deny the fact that taking the advantage of Coronavirus pandemic where everyone is busy thinking how to save their lives from it, China is just trying to invade some parts (specific areas) of Ladakh and trying to get in through our boundaries, breaking their agreements. I don't believe we played a political move here by boycotting the import of Chinese products as who knows, they'll just start sending Coronavirus through their products in order to increase the pandemic ratio in India knowing that it's 2nd largest in terms of population?


Title: Re: Rising tensions and effect on global trade
Post by: jademaxsuy on July 08, 2020, 01:17:12 AM

Trade war always weaken both sides. India and China will both be strongest economies of this century. Sp for sure there will always be tension between these two countries. Both can still even if totally stop trading with other side.
China had been playing a big role in trading. It seems that China and other communist country had plan something. As we all know that China when it comes to trading Russia had never made an issue. I guess both countries had plan something huge?

China had been also into trade war between U.S both countries had been into like a competition on which country is really strong. Then they came to realize that trade must be back for it is a big help for the economic growth.

Now, that pandemic had already made countries exhausted while china are into giving debt to countries where they can take advantage meaning that China had maybe plan in ruling over the country with high debt. I hope that it will not come to a time that China will claim our country just like what it did to spratley Island west Philippine Sea. Grrrr.


Title: Re: Rising tensions and effect on global trade
Post by: adamistraybar on July 08, 2020, 01:53:13 AM
yep usa and china too, there butting heads and with all this crazyness its pretty simple. It will pass sooner or later it might take  a year but stuff will stabilize. But also during this time lots of oppritunes to earn some money


Title: Re: Rising tensions and effect on global trade
Post by: carlisle1 on July 08, 2020, 02:51:36 AM
yep usa and china too, there butting heads and with all this crazyness its pretty simple. It will pass sooner or later it might take  a year but stuff will stabilize. But also during this time lots of oppritunes to earn some money
Mind to make those statement clear because it seems that you are the only one who can understand what you are saying.
i try reading couple of time but nothing that i found.
Big war to ban tiktok apps? Applications, not companies, have been banned, is a common occurrence in stats.
USA claims that tiktok is a hack app?and preventing their people to use this application?
Damn stupidity,what about their APPLE product?how sure we are that there has no hack on it?
all they want is to favor them but if other country do they will surely cry.
Quote
Without it, there would have been no benefit to vpn.
Indians will continue to use those sites so if you want to fight a service you need to make an alternative to it and make it attractive as investors can benefit from it and develop it.
some Indians had given the app a negative score with less than 3.6. that is big war happen in google play store
anyway it is about the brainwashing done b the government .


Title: Re: Rising tensions and effect on global trade
Post by: Yogee on July 08, 2020, 03:27:05 AM
...........

 In the end, it all comes down to who is spying on whom - or rather, use Facebook and Twitter so that only our local security agencies can spy on you.

In other words, it is normal for us to spy on the whole world - but we will not allow anyone to spy on us ::) Well, good luck with that idea, but as you treat others, they will they treat you.
Spidy agrees
https://i.ibb.co/FzcmGHb/spidy.jpg (https://imgbb.com/)

Sooner or later, both countries will have to reach yet another agreement. That's if India doesn't want to be a battleground for China and USA proxy war or trade war. As of now, the USA is one of the few countries who can really stand their ground against China but the US can't afford to lose much of their resources.


Title: Re: Rising tensions and effect on global trade
Post by: avikz on July 08, 2020, 05:22:44 AM
Quote
This appears to be a political move from one or both parties, the two possible scenarios are;
• The Chinese government is attempting to use the popularity of companies within its region to get public data
• The Indian government is trying to hurt Chinese based companies as it has one of the largest consumer base for their products.
The Indian government would likely encourage its citizens to use local products, this however could affect the nation if this does not meet the required standards.

Both countries are members of the World Trade organization, with the goal of maintaining a peaceful and efficient trade between nations.
How do you think political interventions would limit the growth of companies and affect global trade?

This step of India has already started affecting trades with China.  I sincerely believe, it is good for India in long run. There will be initial hiccups for some manufacturing companies until they find a new supplier from India, but once a new supplier of raw materials are found, it can continue with their productions without any imports from China. It's indeed a great step taken by the government so decrease dependency on China products.

Can you name one neighbor of China who doesn't have any border issue with them. Modi used right word about China - Expansionist!

The "Vocal for Local" movement has just started and it will go a long way! If it's affecting global trade, no harm! China is a big threat to the world and they need to sidelined for good!


Title: Re: Rising tensions and effect on global trade
Post by: abhiseshakana on July 08, 2020, 10:24:55 AM
Trade war always weaken both sides. India and China will both be strongest economies of this century. Sp for sure there will always be tension between these two countries. Both can still even if totally stop trading with other side.

Comparing India and China is like comparing two runners in different trajectories, or comparing two planets in different orbits. Geographically India and China are large with large populations and both are countries with large economic growth. So even though the start is the same but China has shot several times faster.

For example, although in India early childhood education is already based on technology, but China is faster and more flexible in absorbing technology. China has already started weapons making technology, while India is quite happy by becoming the second largest importer of weapons in the world. China moves quickly to master the strategic elements of the 4.0 industrial revolution (raw materials, technology, methods, and systems), India has only begun China's initial steps in the 90s. India is more reformist by opening pathways for foreign investment while China is more aggressive with colonialization 5.0 through the OBOR program.

India dares to maneuver against China, only as an American proxy for closing China's access (containment policy) to the South China sea area. Complete the role of Japan, South Korea, and the Philippines on the other side. Will O Brien's containment policy be as successful as Keenan's success in compartmentalizing and splitting the Soviet Union.


Title: Re: Rising tensions and effect on global trade
Post by: CarnagexD on July 08, 2020, 10:52:31 AM
So I guess these things happening between China and India is real, it's not about the problem that they are fronting, it's about India telling China that they can fight them.

They are both huge countries and have the largest population among other countries, so maybe their conflict can cause a huge impact globally.

Especially that China is very rich when it comes to its economy and in terms of war, China is much more powerful compared to India. But India is not that easy to compete with in terms of the trade.

Hoping that conflicts should not be the priority of this countries during this pandemic because this tensions between them will make its citizen struggle more. They should focus on enhancing their economy so that it will not affect the global trade but help their authorities to handle this much effectively.



Title: Re: Rising tensions and effect on global trade
Post by: Peanutswar on July 08, 2020, 11:02:09 AM
So I guess these things happening between China and India is real, it's not about the problem that they are fronting, it's about India telling China that they can fight them.

They are both huge countries and have the largest population among other countries, so maybe their conflict can cause a huge impact globally.


I don't think so that they will continue this kind of war from because they must take a declaration first and this is not the right time they must need to focus on fighting the pandemic outbreak because most of the economic status of the country is on recovering and they must need to help their own community than destroying others.

If this war becomes there are a lot of people may affect because in china they have 1,439,323,776 and in India is 1,387,297,452 people according to google and those are a huge number of people that can possibly die because of this war.


Title: Re: Rising tensions and effect on global trade
Post by: stompix on July 08, 2020, 11:25:55 AM
"...According to the World Bank, India imports more goods from China than any other country, buying more than $90 billion worth of products in 2018 including machinery and electronics, chemicals and consumer goods. It exported less than a fifth of that amount to China.

I really want to see where that data comes from since the US imports almost 500 billion worth of products from China in 2018.

This is the real data from 2018:
https://i.imgur.com/vsms0HT.png

Okay , let's face this, the trade industry kind of in a turmoil between the two nations , but at the same time it is supposedly a good thing :

•Bulbonic Plague is reported in China
•New Pandemic potential Swine flu virus was reported last week

Bubonic Plague cases have been reported for decades and not only in China, actually quite ironic the last serious outbreak happened in India!
The "new" virus is also not new, it was discovered 4 years ago and it hasn't caused anything special till now




Title: Re: Rising tensions and effect on global trade
Post by: Latviand on July 08, 2020, 12:08:05 PM
Did you hear about the conflict between US and China, this issue about India is not new to us.

China is always included in an issue between countries due to its huge impact economically. We all know that China is one of a huge countries that are really affected by this pandemic and yet, they also handled this pandemic properly. In terms of trades, China really dominating the global trade.

India will surely lose this competition or tension but they want to say that they can compete with everyone that's why they are not that easy to have conflict with. So let's observe the Global economy and as well as the global trades between countries.


Title: Re: Rising tensions and effect on global trade
Post by: wozzek23 on July 09, 2020, 12:50:00 PM
It's funny how lots of countries are relying on China for almost everything they need. I think it's high time they focus on producing the things they need instead of relying on these people for everything. I do understand it's because the cost is less in China, but they should still try to cut it down, because it's becoming too much.

And as for the Indian government banning Chinese apps, I don't see anything wrong with that. If they believe that those apps are stealing data that they are not meant to, then I don't see anything wrong with them pressing an end button to that. I was saw a video on Twitter about one of the Chinese apps that's doing the same thing.


Title: Re: Rising tensions and effect on global trade
Post by: Negotiation on July 09, 2020, 01:56:29 PM
yep usa and china too, there butting heads and with all this crazyness its pretty simple. It will pass sooner or later it might take  a year but stuff will stabilize. But also during this time lots of oppritunes to earn some money

Although US investment in China was largely stable during the trade war, Chinese investment in the United States declined sharply.

US President Donald Trump sees the trade deficit as a scorecard and believes the tariff war with China could reduce the trade deficit in his country.


Title: Re: Rising tensions and effect on global trade
Post by: Lucius on July 09, 2020, 02:24:49 PM
It's funny how lots of countries are relying on China for almost everything they need. I think it's high time they focus on producing the things they need instead of relying on these people for everything. I do understand it's because the cost is less in China, but they should still try to cut it down, because it's becoming too much.

Do you really think that big companies would give up huge profits and move their factories to countries where the cost of complete infrastructure is several times higher, not to mention the cost of labor?

Take for example the globally known Apple, mostly known for its Iphone which in each new version costs around $1000. They have numerous factories across China, and perhaps the most famous is the one the workers called the iPhoneCity, which employs 350 000 people working in three shifts 6 days a week. The starting salary is around $400, and with overtime hours you can earn another $200-300 per month.

What’s really interesting is that this factory can produce 500 000 phones a day, so it’s not hard to calculate how much Apple actually makes on modern slavery. iPhoneCity is actually located near the city Zhengzhou in one of the poorest provinces in China. In other words, Apple would never be a $ 1.5 trillion company if it didn't have China and millions of workers working literally for dust.

I was watching a documentary about Foxconn who is run iPhoneCity, and I can say nothing but that this is modern version of slavery that once existed in the USA and the rest of the world. As tragic as it may sound, China needs companies like this to hire all its citizens who really have no choice, they can work or starve - communism has no emotions or cares about exploitation - they sell everything that can be sold, and that includes people.

https://www.businessinsider.com/apple-iphone-factory-foxconn-china-photos-tour-2018-5


Title: Re: Rising tensions and effect on global trade
Post by: Febo on July 09, 2020, 02:33:05 PM
..., they'll just start sending Coronavirus through their products in order to increase the pandemic ratio in India knowing that it's 2nd largest in terms of population?

Come on man. No one is sending virus to anyone. Everyone is fighting to kill virus. Some countries fight seriously like Vietnam and South Korea and China. Some countries like Brazill and some others dont give that much focus.  Noone is so dumb to deliberately spread virus since it can come back as a boomerang and behead them.  


Title: Re: Rising tensions and effect on global trade
Post by: plvbob0070 on July 09, 2020, 03:12:32 PM
Both economies will be affected by this conflict if this will grow more. Since both of them are benefiting from each other. Just like what OP mentioned, they have a big population which will have an impact on both economies since China is acting as the producer while India is the consumer.

However, I don't think there's something to worry about banning Chinese apps. I mean, we've been seeing issues recently about the Chinese app (TikTok) is used in spying its users. And why would it be an issue if India decided to ban Chinese apps when in the first place, China bans a lot of foreign apps in their country. And I've also heard that due to the current pandemic, India is promotion local to help their economy, and it's not just about the conflict between the two countries.


Title: Re: Rising tensions and effect on global trade
Post by: Alert31 on July 09, 2020, 04:24:25 PM
To summarize the situation-No country in the world trusts China anymore.
China has been acting pretty sneaky after the coronavirus pandemic.They simply want to spy everyone.
I don't think that the upcoming trade war between India and China will have any impact over the global trade.
90 billion dollar import is not such a big amount.
India will slowly decrease it's dependence from Chinese import (by using the good old protectionist policies of reducing the import and stimulating domestic production)while China might become more isolated from the rest of the world-both economically and politically.The western countries will soon follow India's example.

China seems to be the culprit ,the perpetrator of everything. I don't think if the tensions will worsen between nations against China if the cure of this Covid 19 virus still have not been discovered. If it will happen ,this will really affect on global trade which can also be a big problem to our economy.


Title: Re: Rising tensions and effect on global trade
Post by: super bako on July 09, 2020, 04:56:59 PM
So I guess these things happening between China and India is real, it's not about the problem that they are fronting, it's about India telling China that they can fight them.

They are both huge countries and have the largest population among other countries, so maybe their conflict can cause a huge impact globally.


I don't think so that they will continue this kind of war from because they must take a declaration first and this is not the right time they must need to focus on fighting the pandemic outbreak because most of the economic status of the country is on recovering and they must need to help their own community than destroying others.

If this war becomes there are a lot of people may affect because in china they have 1,439,323,776 and in India is 1,387,297,452 people according to google and those are a huge number of people that can possibly die because of this war.
what do you say I do not want that war to happen in India and China because when measured in China the country can be the most superior and strong country in my opinion. it has an effect on all countries and will return to zero earth?
even more pathetic now is the hongkong country, almost all hongkong citizens ask for protection to china even though this is still an issue on the news. if the inauguration takes place China will become a more populous country among other countries...?


Title: Re: Rising tensions and effect on global trade
Post by: glowing10 on July 10, 2020, 04:19:24 AM
Big war to ban tiktok apps? Applications, not companies, have been banned, is a common occurrence in stats. Without it, there would have been no benefit to vpn.
Indians will continue to use those sites so if you want to fight a service you need to make an alternative to it and make it attractive as investors can benefit from it and develop it.
some Indians had given the app a negative score with less than 3.6. that is big war happen in google play store

With the sudden ban of Tiktok and 59 other apps by India suddenly the downloads would have reduced and surely it would have effected their overall rating as well beacuse of the mounting tension on both side of border . Good thin which has happened is both countries were in talking terms and finally have decided to move back from that area so that peace can prevail back and thing might start to get back on track to some extend . Though the trade war may continue it seems.


Title: Re: Rising tensions and effect on global trade
Post by: Wexnident on July 10, 2020, 05:52:16 AM
~snip
Agree, businesses are only there for one thing, profit. Especially so since China is a big country. With their size, allocating factories to be placed there so that employees could be hired couldn't be more sensible than ever. Businesses aren't something morality covers, it's about taking advantage and being taken advantage of. Dog eat dog world so to say. Besides, that's how most businesses work anyway, the rich only get richer, while the poor get poorer.
I don't think so that they will continue this kind of war from because they must take a declaration first and this is not the right time they must need to focus on fighting the pandemic outbreak because most of the economic status of the country is on recovering and they must need to help their own community than destroying others.

If this war becomes there are a lot of people may affect because in china they have 1,439,323,776 and in India is 1,387,297,452 people according to google and those are a huge number of people that can possibly die because of this war.
I don't think they'd end up going to affect the entirety of their citizens much. I believe we're at the age where wars would probably be fought without affecting the citizens, at the very least, scenes of fighting would avoid civilization. I doubt any country going to war would be so idiotic to attack civilizations when resources are already limited as it is. Sure, supplies and necessities may drop in number, but direct assault by soldiers towards innocent civilians shouldn't happen.

Additionally, economic problems seem like a good enough reason to attack other countries. Especially if they failed to actually do something to negate losses properly.


Title: Re: Rising tensions and effect on global trade
Post by: mezzaluna on July 10, 2020, 09:35:03 AM
Global trading right now really invites a lot of threats to those countries involved. It affects the people who are physically present within the transaction and not showing up or not coming to terms would really hurt the countries relationship within one another which would result tensions. Every country just wants to be safe and their decisions must be for the greater good of the country for it.

The countries decision needs to be safe for it not to affect the health of the people who are involve in the transactions.

Third world countries involve in transactions with more advance countries would really result in poor decisions because they do not want to have any tensions between them.


Title: Re: Rising tensions and effect on global trade
Post by: MCobian on July 10, 2020, 10:45:09 AM
Tensions between the two countries between India and China have an effect on Chinese apps blacklisted by the Indian government.
Because it is considered endanger the security of the Indian state, and this is detrimental to both countries in my opinion. We know
that India is a country that imports a lot of Chinese products, so many Chinese factories operate in India and managed to open jobs
in India. If the two countries do not immediately make peace having an effect on global trade, in this case America will benefit as
China's biggest competitor in the economy.


Title: Re: Rising tensions and effect on global trade
Post by: TheGreatPython on July 10, 2020, 08:15:12 PM
India is not the only country that has plans to ban Chinese apps, other countries like the U.S might as well be banning Chinese social media apps. I have been seeing it on the news and the particular app they have been advising people to stop making use of is the TikTok app.The reason being that there is the possibility of them using the app to harvest data from people. I really don’t see anything wrong with that. If a country feels like they shouldn’t allow some applications to be running in their country, then they should ban it. And I have heard that these Chinese apps requests and access information that they are not meant to, so they might be really bad.


Title: Re: Rising tensions and effect on global trade
Post by: Savemore on July 11, 2020, 05:48:52 AM
India is not the only country that has plans to ban Chinese apps, other countries like the U.S might as well be banning Chinese social media apps. I have been seeing it on the news and the particular app they have been advising people to stop making use of is the TikTok app.The reason being that there is the possibility of them using the app to harvest data from people. I really don’t see anything wrong with that. If a country feels like they shouldn’t allow some applications to be running in their country, then they should ban it. And I have heard that these Chinese apps requests and access information that they are not meant to, so they might be really bad.

Trump is now often saying to his speech that China will be responsible for what happened all over the world. The U.S is not only the country who suffered because of the virus but major economies all over the world collapsed. There is currently recession in world economy and ot results to the increase of job unemployment rates.  The tensions between China and other country is rising and there are now a lot of foreign companies based on China are now leaving and transferring to other countries because of what happened.


Title: Re: Rising tensions and effect on global trade
Post by: abhiseshakana on July 13, 2020, 03:01:53 AM
Trump is now often saying to his speech that China will be responsible for what happened all over the world. The U.S is not only the country who suffered because of the virus but major economies all over the world collapsed. There is currently recession in world economy and ot results to the increase of job unemployment rates.  The tensions between China and other country is rising and there are now a lot of foreign companies based on China are now leaving and transferring to other countries because of what happened.

Chinese and American tensions are followed by shows of their military strength in the South Sea region. The US mobilized a large number of its troops, strengthened and deepened its military alliance with Japan, India, and Australia and allegedly carried out intensive provocative activities targeting the Chinese target, so that the Chinese response only increased the military budget and built its military forces with the appropriate capacity to uphold its national security. In addition, the issue also emerged that 7 days of rain that caused flooding in China was allegedly caused by America and its HAARP. Is the end of the trade war the beginning of the military war?


Title: Re: Rising tensions and effect on global trade
Post by: Lucius on July 14, 2020, 10:36:49 AM
In addition, the issue also emerged that 7 days of rain that caused flooding in China was allegedly caused by America and its HAARP. Is the end of the trade war the beginning of the military war?

So if HAARP really works in a way that it can affect weather or earthquakes (which of course is just a guess), then the Chinese could use it to strike back and, say, submerge some part of the USA with heavy rains? I do not believe that such technology would be available only in the USA, but that the Chinese would make something much more efficient if it were possible.

Military conflict is not in the interest of anyone (at least no normal person), because what would be achieved with that? China is too strong to be militarily defeated in any sense, and I doubt that Russia would stand by and watch someone attack its allies, and yet here we are talking about almost 2 billion people on one side, and 330 million Americans + those allies who would be mad enough to go into such a conflict. Any military conflict between such large military superpowers would mean World War 3, and there should be some very good reason for that - not some trade war.

Demonstrating of military power has been going on for decades in that region, I don’t see it as an indicator of real conflict.


Title: Re: Rising tensions and effect on global trade
Post by: iv4n on July 14, 2020, 12:02:53 PM
In addition, the issue also emerged that 7 days of rain that caused flooding in China was allegedly caused by America and its HAARP. Is the end of the trade war the beginning of the military war?

So if HAARP really works in a way that it can affect weather or earthquakes (which of course is just a guess), then the Chinese could use it to strike back and, say, submerge some part of the USA with heavy rains? I do not believe that such technology would be available only in the USA, but that the Chinese would make something much more efficient if it were possible.

Military conflict is not in the interest of anyone (at least no normal person), because what would be achieved with that? China is too strong to be militarily defeated in any sense, and I doubt that Russia would stand by and watch someone attack its allies, and yet here we are talking about almost 2 billion people on one side, and 330 million Americans + those allies who would be mad enough to go into such a conflict. Any military conflict between such large military superpowers would mean World War 3, and there should be some very good reason for that - not some trade war.

Demonstrating of military power has been going on for decades in that region, I don’t see it as an indicator of real conflict.

That HAARP is one crazy story! Is it possible that some people (people who run our countries, armies) are crazy enough to play with weather and earthquakes? Can we imagine consequences for all of us if they do something wrong, or they do it too much? I would put those people in the mine with shovels to dig for the rest of their lives and to never get out from that mine!

Demonstration of military power is how you advertise the weapons you have, later you can sell that weapon! It's a business, conflicts are being created so the weapons can be sold, money to be earned! I don't buy that shit anymore, in the end just innocent people get hurt!


Title: Re: Rising tensions and effect on global trade
Post by: crzy on July 14, 2020, 12:34:31 PM
Trump is now often saying to his speech that China will be responsible for what happened all over the world. The U.S is not only the country who suffered because of the virus but major economies all over the world collapsed. There is currently recession in world economy and ot results to the increase of job unemployment rates.  The tensions between China and other country is rising and there are now a lot of foreign companies based on China are now leaving and transferring to other countries because of what happened.

Chinese and American tensions are followed by shows of their military strength in the South Sea region. The US mobilized a large number of its troops, strengthened and deepened its military alliance with Japan, India, and Australia and allegedly carried out intensive provocative activities targeting the Chinese target, so that the Chinese response only increased the military budget and built its military forces with the appropriate capacity to uphold its national security. In addition, the issue also emerged that 7 days of rain that caused flooding in China was allegedly caused by America and its HAARP. Is the end of the trade war the beginning of the military war?

China can’t start a war because we all know that bigger countries will also support to fight against China. The trade war is getting worst, more countries are following the decision of US while China is making a lot of pressure on South China Sea to bully small countries. I admire Vietnam and Indonesia on their will to protect their territory, but my very own country looks like doesn’t care at all. We don’t know how the trade war will end but hopefully we don’t end up losing more lives because of war, this is very dangerous.


Title: Re: Rising tensions and effect on global trade
Post by: shoreno on July 14, 2020, 03:02:36 PM
China can’t start a war because we all know that bigger countries will also support to fight against China.
were all in this together  . small and big countries were now working as one to combat the covid   .  for once , they can forget the tension between other countries because the situation we have now is more important than wars  .

The trade war is getting worst, more countries are following the decision of US while China is making a lot of pressure on South China Sea to bully small countries. I admire Vietnam and Indonesia on their will to protect their territory, but my very own country looks like doesn’t care at all. We don’t know how the trade war will end but hopefully we don’t end up losing more lives because of war, this is very dangerous.
with the covid thing that happened i am sure many countries still cant move on and still angry on china so they will follow the u.s country instead  . what country you are living with and why your country wont care  ? luckily im one of those country that fights for thier own rights but who wouldnt be and wanted to be invaded by others  .


Title: Re: Rising tensions and effect on global trade
Post by: Stedsm on July 14, 2020, 03:43:41 PM
..., they'll just start sending Coronavirus through their products in order to increase the pandemic ratio in India knowing that it's 2nd largest in terms of population?

Come on man. No one is sending virus to anyone. Everyone is fighting to kill virus. Some countries fight seriously like Vietnam and South Korea and China. Some countries like Brazill and some others dont give that much focus.  Noone is so dumb to deliberately spread virus since it can come back as a boomerang and behead them.  

You don't even know f*ck about what's going on and still came defending China. Yes, I hate them not just because they were the reason why Coronavirus came into existence, but also because their main motive to spread that shit is that, they want to invade some areas of many countries. But after knowing that a lot of countries have already started recovering hard and are getting united in breaking trade terms with China, it just started breaching the LAC near Ladakh in India. I'll literally hate China forever. You know a lot? Okay tell me something, why in the name of God, did Coronavirus didn't spread outside Wu Han alone in China, why didn't it reach Beijing while the spread took place badly in Italy and many other parts of Europe later on? Why didn't they tell the world before? Why didn't they stop the travel of their students, businessmen, common people, etc. from their country to other countries?


Title: Re: Rising tensions and effect on global trade
Post by: bitgolden on July 14, 2020, 05:32:46 PM
We live in a world where sanctions could hurt harder than weapons. I mean if you put sanctions and embargo on China as all of american continent, south american continent and europea, you are basically killing them anyway without shooting one single bullet. It is not even that weird because you as a nation say that "china is doing inhumane things so we are not going to work with them anymore" and that is not really that weird, it makes sense and I would support that.

So, these rising tensions between nations in economical warfare do result with bad stuff, maybe not bad stuff that will be effective right away but it will definitely be effective in the long run. When you shoot a bullet you kill someone right there, but when you stop buying stuff from them you make them poor and they starve and they realize it is their governments' fault and try to change it.


Title: Re: Rising tensions and effect on global trade
Post by: Twentyonepaylots on July 14, 2020, 06:31:35 PM
China can’t start a war because we all know that bigger countries will also support to fight against China.
were all in this together  . small and big countries were now working as one to combat the covid   .  for once , they can forget the tension between other countries because the situation we have now is more important than wars  .
Not all government sectors are all focused on the covid, you cannot just set aside your people especially if there were killed person under their duty. Why do we have this thinking that all the government sectors are into battling the covid? I mean, yes they are helping in some ways but they are not really in the front for this, doctors and nurses does. You can't just tell the border soldiers to keep calm, I'm not promoting a war, just my thought on this one.

The trade war is getting worst, more countries are following the decision of US while China is making a lot of pressure on South China Sea to bully small countries. I admire Vietnam and Indonesia on their will to protect their territory, but my very own country looks like doesn’t care at all. We don’t know how the trade war will end but hopefully we don’t end up losing more lives because of war, this is very dangerous.
with the covid thing that happened i am sure many countries still cant move on and still angry on china so they will follow the u.s country instead  . what country you are living with and why your country wont care  ? luckily im one of those country that fights for thier own rights but who wouldnt be and wanted to be invaded by others  .
We know China, they are aggressive, very aggressive when it comes to their territory they even invaded the West Philippines Sea lol. Imagine an Island they are claiming, thousands of miles far from them, yet there they are building artificial islands. Bully as we know it, who'll pull the trigger first?


Title: Re: Rising tensions and effect on global trade
Post by: Coyster on July 14, 2020, 06:32:53 PM
Is the end of the trade war the beginning of the military war?
I would not completely rule that out, though I'm also not insinuating that every trade war culminates into war between troops of the respective countries, but the tensions between the US and China is on a whole different level. I don't think trump has been vocal against any country since he became president like he has with China, the animosity between the both countries is building up so fast, the other time we saw united states cut fundings from the WHO and accusing them of working with China in downplaying the virus, till we got to this stage.

It could get to a point when trade wars, open vocal attacks and every other type of vituperations would no longer be enough, then what next, a military attack, very well could.


Title: Re: Rising tensions and effect on global trade
Post by: fullhdpixel on July 14, 2020, 09:35:30 PM
Yes, I hate them not just because they were the reason why Coronavirus came into existence, but also because their main motive to spread that shit is that, they want to invade some areas of many countries. But after knowing that a lot of countries have already started recovering hard and are getting united in breaking trade terms with China, it just started breaching the LAC near Ladakh in India. I'll literally hate China forever. You know a lot? Okay tell me something, why in the name of God, did Coronavirus didn't spread outside Wu Han alone in China, why didn't it reach Beijing while the spread took place badly in Italy and many other parts of Europe later on? Why didn't they tell the world before? Why didn't they stop the travel of their students, businessmen, common people, etc. from their country to other countries?
Everything about this Coronavirus story is really something messed up lol. I always used to say that the Chinese are the ones behind this Coronavirus outbreak, because the way things has been happening there it seems like they know about it. It’s not only for the fact that the virus didn’t spread out of Wuhan, apart from that they quickly built a huge hospital building to take care of those that are infected with the virus within a short time that the virus broke out.

Moreover, where it starts getting weird is when scientists, doctors and journalists that tried to report them started to disappear. And they kept Coronavirus a secret and was giving WHO false information until the virus sneaked into other countries. They are definitely behind this. And if you check, more people in China are surviving the virus than those in the US and some other countries. I don’t trust that country, they can do anything.


Title: Re: Rising tensions and effect on global trade
Post by: Stedsm on July 14, 2020, 10:40:08 PM
Everything about this Coronavirus story is really something messed up lol. I always used to say that the Chinese are the ones behind this Coronavirus outbreak, because the way things has been happening there it seems like they know about it. It’s not only for the fact that the virus didn’t spread out of Wuhan, apart from that they quickly built a huge hospital building to take care of those that are infected with the virus within a short time that the virus broke out.

For a fact, always remember that whatever is shown as truth, I mean served as a truth, can't always be truth. If they add some coating of gold over shit, doesn't mean that shit gets turned into gold. They didn't let the cases go out of Wu Han, how the fuck is that possible? Not even the nearest ones got affected while this had been spread globally? And now, some guys come randomly trying to save China's ass by defending them and saying that they've not done anything, even after all this?


Quote
Moreover, where it starts getting weird is when scientists, doctors and journalists that tried to report them started to disappear. And they kept Coronavirus a secret and was giving WHO false information until the virus sneaked into other countries. They are definitely behind this. And if you check, more people in China are surviving the virus than those in the US and some other countries. I don’t trust that country, they can do anything.

Their control. Chinese govt.'s control over their media and even their citizens is too much that they won't ever reveal even the correct number of cases as well as total deaths that took place there.


Title: Re: Rising tensions and effect on global trade
Post by: Salauddin1994 on July 15, 2020, 04:43:18 AM
The virus is usually affecting global trade. Global trade is also declining due to new tariffs and retaliatory measures in various countries. This is accompanied by weak economic growth financial market turmoil and the tightening of the monetary policy of developed countries. There is a kind of uncertainty for him. the United States is much ahead in terms of trade trade is being reintroduced in their country.


Title: Re: Rising tensions and effect on global trade
Post by: Josefjix on July 15, 2020, 06:47:43 AM
The whole battle isn't even between the Republic of China and India it is USA and her allies, how come India has been consuming the Chinese products for decades and decide to give a turn around in the midst of the pandemic? What's more surprising is, the ban of Huawei company by the USA. Is India just discovering about data leakage and other forgivable breach of contracts?

Most of these data is coming from Android and the android applications, which I'm sure Indians have their local replacements, why not opt for them and stop using the ones coming from China? Then when the Chinese produces see a major decline in demand they would inquire and make amendments. In a monopsonic economy wars are won by those who bring the best commodities.


Title: Re: Rising tensions and effect on global trade
Post by: AniviaBtc on July 15, 2020, 06:55:32 AM
Big war to ban tiktok apps? Applications, not companies, have been banned, is a common occurrence in stats. Without it, there would have been no benefit to vpn.
Indians will continue to use those sites so if you want to fight a service you need to make an alternative to it and make it attractive as investors can benefit from it and develop it.
some Indians had given the app a negative score with less than 3.6. that is big war happen in google play store

With the sudden ban of Tiktok and 59 other apps by India suddenly the downloads would have reduced and surely it would have effected their overall rating as well beacuse of the mounting tension on both side of border . Good thin which has happened is both countries were in talking terms and finally have decided to move back from that area so that peace can prevail back and thing might start to get back on track to some extend . Though the trade war may continue it seems.

Not only Tiktok got banned in India, even those mobile games that was developed in China are getting banned too. As China is getting profits from those mobile games using top-up methods, India banned it so that there will be no more transactions that is going to be made between them. Due to their tensions, both countries' citizens are having a hard time to adjust on the banning of social media platforms.

But if we focus on the positive side of this issue, you will see that they are really doing their best for their people to much enjoy the things that was made buy their countrymen.

They will also patronage their own goods so that their economy will grow together with their own currency, both China and India.


Title: Re: Rising tensions and effect on global trade
Post by: Yatsan on July 20, 2020, 03:04:59 PM

How do you think political interventions would limit the growth of companies and affect global trade?

Trading inserted with the influence of politics can turn out to be good or bad. We all know that different nations belongs to an alliance which is the United Nations on which each and every country are talking about helping each other out providing the necessities and lack of resources of one another which will benefit both. Inserting politics on it is a great help since leaders of the countries are the ones representing their nation to find better solutions to resolve problem. But once tension have build up between one another, there could be a serious effect on each country that once benefitted on the products and services they rely on the country where they certainly get their goods with.

Maintaining peace talk between nations and having calm conversation is a great intervention to prevent a serious case of war to build up most specially if we are talking about big countries. Politics and trading are good to be compacted together if the limitations of power will be controlled so that no one would feel too dominant and the one is the weak one to avoid tensions to build up that can affect the flow of trades on each country. The alliance of the leaders of the world is the key why flow of products and services are being properly maintained which is a good inclusion of having good relationship between nations that are being talked about using politics.


Title: Re: Rising tensions and effect on global trade
Post by: Golftech on July 20, 2020, 05:12:09 PM
I don’t think the economy is so shaky The economy has suffered such a lot rather than being pack up due to the outbreak of the virus However India China, us and their economies haven't suffered much.

Those big countries still surviving and they are managing not to fall unlike with other small countries which really affected of this pandemic.

Their business is close to resuming thanks to a small decrease within the incidence of the virus which can have an impression on global trade but it'll be fixed very soon but it'll take a while Trade and commerce survive on the economy of the country.

Once vaccine are available this business will continue, though some will struggle but surviving is very possible.


Title: Re: Rising tensions and effect on global trade
Post by: abhiseshakana on July 22, 2020, 07:16:38 AM
Trading inserted with the influence of politics can turn out to be good or bad. We all know that different nations belongs to an alliance which is the United Nations on which each and every country are talking about helping each other out providing the necessities and lack of resources of one another which will benefit both. Inserting politics on it is a great help since leaders of the countries are the ones representing their nation to find better solutions to resolve problem. But once tension have build up between one another, there could be a serious effect on each country that once benefitted on the products and services they rely on the country where they certainly get their goods with.

Maintaining peace talk between nations and having calm conversation is a great intervention to prevent a serious case of war to build up most specially if we are talking about big countries. Politics and trading are good to be compacted together if the limitations of power will be controlled so that no one would feel too dominant and the one is the weak one to avoid tensions to build up that can affect the flow of trades on each country. The alliance of the leaders of the world is the key why flow of products and services are being properly maintained which is a good inclusion of having good relationship between nations that are being talked about using politics.

In my opinion in diplomacy between countries, the core of the national economic interests while politics are used as a tool to achieve these national interests. Politics is dynamic because relationships are more actions and reactions. I think the UN has lost its relevance for a moment in international politics, especially after the corona pandemic. In addition, the UN can only condemn, but not impose sanctions. In addition, the existence of a veto in the UN security council is prone to manipulation and exploitation of large powers. The United Nations is not a superior institution over countries so that the goal of achieving world peace is only rhetoric.

International politics is like a game of chess, involving each country's strategy competition with all the potential and weaknesses possessed by a country. There are no eternal friends/foes, there are only eternal interests and ultimately are a matter of money. Diplomacy is a bargaining process although sometimes in the end sometimes there are no win-win solutions, only loose and win solutions, because in reality the strong must oppress and exploit the weak.


Title: Re: Rising tensions and effect on global trade
Post by: Naida_BR on July 22, 2020, 02:24:31 PM
Big war to ban tiktok apps? Applications, not companies, have been banned, is a common occurrence in stats. Without it, there would have been no benefit to vpn.
Indians will continue to use those sites so if you want to fight a service you need to make an alternative to it and make it attractive as investors can benefit from it and develop it.
some Indians had given the app a negative score with less than 3.6. that is big war happen in google play store

With the sudden ban of Tiktok and 59 other apps by India suddenly the downloads would have reduced and surely it would have effected their overall rating as well beacuse of the mounting tension on both side of border . Good thin which has happened is both countries were in talking terms and finally have decided to move back from that area so that peace can prevail back and thing might start to get back on track to some extend . Though the trade war may continue it seems.

Not only Tiktok got banned in India, even those mobile games that was developed in China are getting banned too. As China is getting profits from those mobile games using top-up methods, India banned it so that there will be no more transactions that is going to be made between them. Due to their tensions, both countries' citizens are having a hard time to adjust on the banning of social media platforms.

But if we focus on the positive side of this issue, you will see that they are really doing their best for their people to much enjoy the things that was made buy their countrymen.

They will also patronage their own goods so that their economy will grow together with their own currency, both China and India.

China gets a lot of war without any specific reason in my opinion.
Probably India is US's puppet so they use them in order to fight China and do not let them be the number one largest economy by far.
They have found ways to tackle this war well...


Title: Re: Rising tensions and effect on global trade
Post by: panganib999 on July 22, 2020, 03:52:13 PM
A rising tension between two nations would seriously affect the economic development of both countries involved most specially when there are products are services that are being relied by each country on one another.

We all know that each and every countries do have their weaknesses or those that they lack when it comes to resources making it a way for countries to do importing of goods and services from other countries that have what they need and in exchange they will provide that country of what they have to fulfill the lack in needs of their companion. That is how trading occurs. It is really important for countries to have a good relationship with one another to maintain a balance on the global trade having to presence of tension or misunderstanding ti occur that might create war.

That is why there is an alliance of different countries or known as the United Nations to talk about certain issues needed to be resolved to maintain peace talks and help each other out to help the rise of their economy. Having tensions between nations can affect not just the involve countries but as well as its people and the surrounding countries because the flow of trade will be distracted or interrupted and that would be a big problem.

Balance must be maintained between politics and trades to avoid tensions to arise and not to take effect on the flow of global trades.


Title: Re: Rising tensions and effect on global trade
Post by: lixer on July 22, 2020, 07:38:39 PM
I don't think China will stop them from making imports because they banned their apps, if they do, then it's their own loss.
Every nation implements some rules that in one way or the other differ from others. They might have reasons that led them to believe that these applications' developers are biting more than they should take lol. they have made a decision to ban them, and it's not wrong, it doesn't stop the two countries from doing business in the future.

Also, the Indian government is not the only one that has taken a step to ban applications from China that seem to be malicious or something of sort, so it doesn't have anything to do with the second point you stated.


Title: Re: Rising tensions and effect on global trade
Post by: n0ne on July 22, 2020, 08:37:37 PM
Big war to ban tiktok apps? Applications, not companies, have been banned, is a common occurrence in stats. Without it, there would have been no benefit to vpn.
Indians will continue to use those sites so if you want to fight a service you need to make an alternative to it and make it attractive as investors can benefit from it and develop it.
some Indians had given the app a negative score with less than 3.6. that is big war happen in google play store

With the sudden ban of Tiktok and 59 other apps by India suddenly the downloads would have reduced and surely it would have effected their overall rating as well beacuse of the mounting tension on both side of border . Good thin which has happened is both countries were in talking terms and finally have decided to move back from that area so that peace can prevail back and thing might start to get back on track to some extend . Though the trade war may continue it seems.

Not only Tiktok got banned in India, even those mobile games that was developed in China are getting banned too. As China is getting profits from those mobile games using top-up methods, India banned it so that there will be no more transactions that is going to be made between them. Due to their tensions, both countries' citizens are having a hard time to adjust on the banning of social media platforms.

But if we focus on the positive side of this issue, you will see that they are really doing their best for their people to much enjoy the things that was made buy their countrymen.

They will also patronage their own goods so that their economy will grow together with their own currency, both China and India.

China gets a lot of war without any specific reason in my opinion.
Probably India is US's puppet so they use them in order to fight China and do not let them be the number one largest economy by far.
They have found ways to tackle this war well...

Most of the users mentioned India to be the puppet of America, because the decisions made by America is followed by India. This is true, and the same can be known from the press meets provided by Trump and Narendra Modi over the past few months. Both in some form used to describe the support and the relation between both the countries for some reason. Even in today's press meet Trump has mentioned India topping in covid-19 testing next to America. In my view in someway America is gonna benefit out of India.


Title: Re: Rising tensions and effect on global trade
Post by: Findingnemo on July 23, 2020, 11:31:01 AM
Most of the users mentioned India to be the puppet of America, because the decisions made by America is followed by India. This is true, and the same can be known from the press meets provided by Trump and Narendra Modi over the past few months. Both in some form used to describe the support and the relation between both the countries for some reason. Even in today's press meet Trump has mentioned India topping in covid-19 testing next to America. In my view in someway America is gonna benefit out of India.
For political reasons, if China is going to be banned from importing thing into America then India will be the next choice so the country will get lot of revenue and already Google and Faebbok started to invest their money in India for the future development which will be followed by most of the bigger companies so India is trying to be friendly with every country.


Title: Re: Rising tensions and effect on global trade
Post by: Harriti on July 23, 2020, 12:40:16 PM
This has happened similarly between China and the US. The reason is that the political tensions between countries are due to the corona virus that has arisen in their own countries and they are the countries that have prevented viruses the fastest. That's why conspiracy theories suggest that the Chinese government created the virus and caused many countries to resent and retaliate. If the questions are not answered among countries, the economy will probably be in recession in the near future.


Title: Re: Rising tensions and effect on global trade
Post by: wxxyrqa on July 23, 2020, 01:57:27 PM
This has happened similarly between China and the US. The reason is that the political tensions between countries are due to the corona virus that has arisen in their own countries and they are the countries that have prevented viruses the fastest. That's why conspiracy theories suggest that the Chinese government created the virus and caused many countries to resent and retaliate. If the questions are not answered among countries, the economy will probably be in recession in the near future.
I think that a wider range of countries has an impact on the global economy, including the countries of the Middle and Far East, as well as Russia. As always, oil prices play a water role not so much for the world economy, but for a particular country. Undoubtedly, an economic war has been going on between China and the United States for a long time, because they want to have their own spheres of influence and at the same time adhere to a leading position. But one way or another, the Chinese economy today is much stronger than in the United States, and in this situation it was the coronavirus that played a major role.


Title: Re: Rising tensions and effect on global trade
Post by: Tahsin Kabir Kollol on July 23, 2020, 03:26:18 PM
The world economy is currently going through a fragile condition and the political conflicts of different countries and the various measures taken as a result are shrinking world trade which is having a huge impact on global trade.  Especially due to various political and military measures organized around the influence of the superpowers, trade between these countries is being affected, which is causing huge damage to the trade and the economy of both countries. Stopping the use of technology services and reducing import-export trade is hurting both countries and slowing down their economic growth. So sanctions and interference in various countries are stifling world trade and growing tensions are undermining industrial productivity.


Title: Re: Rising tensions and effect on global trade
Post by: Silberman on July 23, 2020, 06:30:41 PM
The economy is really such a shaky system that is affected by any situation.
Lets not pretend that what is happening is not huge, a pandemic like this was long overdue and we were not prepared for it so it is obvious we were affected greatly by it, however the responses of many countries to this crisis has left a lot to be desired, and if things do not improve then we could see an even bigger deterioration in the relationships of every country as each one tries to protect their populations while not caring about the fate of the people of other nations.


Title: Re: Rising tensions and effect on global trade
Post by: bearexin on July 23, 2020, 08:06:36 PM
China is basically starting to get some sort of backlash and that was something we would have expected long time ago in late 80's but lets be happy that it is starting. India at first obviously because they are literally at war with them, Hong Kong and Vietnam and Taiwan obviously for related reasons and there will be a ton of other countries who are totally unrelated in the war get into it for support of these nations as well.

UK for example is one that I am considering as first western nation to actually do something about China, not actually go to war obviously, that would be silly, but at least they could ban all Chinese product and all trade with china, do you realize how China as a whole nation relies on other nations buying from them? The moment you ban trade with china between some big nations, China will suddenly become incredibly poor.


Title: Re: Rising tensions and effect on global trade
Post by: Kasabus on July 23, 2020, 09:21:35 PM
This has happened similarly between China and the US. The reason is that the political tensions between countries are due to the corona virus that has arisen in their own countries and they are the countries that have prevented viruses the fastest. That's why conspiracy theories suggest that the Chinese government created the virus and caused many countries to resent and retaliate. If the questions are not answered among countries, the economy will probably be in recession in the near future.
Until now we cannot easily testify if this speculation about China is really true because if they are  really prepared about the virus, then there will be no chances that they will face another wave of virus but based on the news, China was hitted another wave of virus. In the end, it's only the Chinese government knows the real reason behind all of these.


Title: Re: Rising tensions and effect on global trade
Post by: KrisAlex18 on July 26, 2020, 11:26:11 PM
What really makes it more complicated is when politics and trade collides because when political relations between nations experiences conflict, the flow of trades is totally affected most specially when the nations have decided to ban imported products from each others country. That is why the presence of United Nations alliance to keep everything is track and in proper order is really important so that such tensions or conflicts between nations will be lessen or better be prevented to avoid the serious direct effect on the trading flow so it won't worsen to the extent that the global trading will be affected.

Specially at times like this that the lack or shortage of goods and products are now reliant to those who have, having a strong relationship between nations is in need to be able for the trade flow to be free benefiting both nations exchanging products to provide each other's needs. Tensions between nations will not provide any good on any angle you will see it because it will just make the situation a lot more complicated. So better fix such conflicts to avoid negative effect on the global trade.


Title: Re: Rising tensions and effect on global trade
Post by: abhiseshakana on July 27, 2020, 06:01:27 AM
What really makes it more complicated is when politics and trade collides because when political relations between nations experiences conflict, the flow of trades is totally affected most specially when the nations have decided to ban imported products from each others country. That is why the presence of United Nations alliance to keep everything is track and in proper order is really important so that such tensions or conflicts between nations will be lessen or better be prevented to avoid the serious direct effect on the trading flow so it won't worsen to the extent that the global trading will be affected.

Take for example the trade war between China and America which is basically an ideological war. Namely between democracy and state capitalism. The role of the private sector in the United States is very important but in China all regulated by the government. America is anti-state capitalism because its foundation is an authoritarian state, therefore the government uses repressive power of the iron fist to restore the market. But Trump is currently very jealous of dictators like XI Jing Ping & Vladimir Putin. The existence of an iron market suppression prevents the state and free market from being created. It will be very difficult to solve the economic problem from politics because it is a tool to achieve economic, group, or individual interests.


Title: Re: Rising tensions and effect on global trade
Post by: Silberman on July 30, 2020, 05:25:42 PM
China is basically starting to get some sort of backlash and that was something we would have expected long time ago in late 80's but lets be happy that it is starting. India at first obviously because they are literally at war with them, Hong Kong and Vietnam and Taiwan obviously for related reasons and there will be a ton of other countries who are totally unrelated in the war get into it for support of these nations as well.

UK for example is one that I am considering as first western nation to actually do something about China, not actually go to war obviously, that would be silly, but at least they could ban all Chinese product and all trade with china, do you realize how China as a whole nation relies on other nations buying from them? The moment you ban trade with china between some big nations, China will suddenly become incredibly poor.
This is not practical or possible at all, because this is simply how the economy works, as a country is making up his way up to the top ranks it begins to rise its industrial capacity but once it reaches the top or near the top this changes and begins to export their industries to other countries to manufacture products at a cheaper rate than at home, this happened to the UK when it was the biggest economy of the world, it was the financial centre of the world an its currency was the reserve currency of choice, eventually they gave up all of that to the US and now we are seeing the same transition from the US to China.


Title: Re: [Update] Rising tensions and effect on global trade
Post by: Upgrade00 on August 08, 2020, 07:19:37 AM
More recently, The United States have imposed a ban on operations of Chinese apps within the country, notable Tiktok and WeChat. A day after the Mike Pompeo started a 'clean network' program;
"On Wednesday, U.S. Secretary of State Mike Pompeo expanded a program dubbed "Clean Network" to prevent various Chinese apps and telecoms firms from accessing sensitive information on U.S. citizens and businesses."

The U.S president Donald Trump issued a sweeping ban on both Chinese apps, citing security risk as the main reason. This ban which was made on the 6th of August, 2020 and would take effect on the 20th of September, 2020 (45 days after).

Winners and lossers
The losers here would be Tiktok, WeChat owned by Bytedance and investors Tencent holdings all of which may have already suffered loses or are estimated to. China released a statement following the announcement;
"China said on Friday the companies comply with U.S. laws and regulations and warned that the United States would have to "bear the consequences" of its action.

"The U.S. is using national security as an excuse and using state power to oppress non-American businesses. That's just a hegemonic practice," foreign ministry spokesman Wang Wenbin told a media briefing.
"

There are however winners in this, Microsoft are looking to purchase Tiktok USA before the end of the 45 day ultimatum, this would include all operations within the country. As the brand is banned it would definitely be rebranded.
Instagram are also planning on launching their new video based section, which has so many similarities with Tiltok. The weakening of their competition could give Facebook a route to exploit and gain more monopoly over the social market.
This was not lost on Tiiktok who retweeted the launch tweet (https://twitter.com/tiktok_us/status/1291491462987751424?s=20) by Instagram with a comment; Well... this looks familiar
https://i.imgur.com/xrqUEM1.png

Source - https://www.yahoo.com/news/trump-issues-orders-u-ban-023044461.html


Title: Re: [Updated] Rising tensions and effect on global trade
Post by: el kaka22 on August 09, 2020, 04:27:11 PM
I guess banning Chinese stuff shouldn't really matter that much, think about it china has banned almost all world stuff within their nation and stole IP from them and built their own things. Right now there are soooo many stuff that they stole from the world and just copy pasted and put their own brands on it that they are not only manufacturing place for the world, they now have their own brands as well that sells.

So in the end, I would say ban every single thing that is Chinese owned, if it is apple that manufactures in china but owned by apple, take it and accept it, but if it is huwaei or whatever that is fully Chinese, just ban them all together. What are they going to do? Ban you from working with them? They can't earn money from anything else, they have to manufacture, if they do stop working with you, they will starve to death once again like in history.


Title: Re: [Updated] Rising tensions and effect on global trade
Post by: Upgrade00 on August 23, 2020, 05:03:24 AM
There seems to be no end to this situation, on Aug 6th, the U.S issued a 45 day ultimatum for Chinese companies; bytedance and Tencent to divest their operations within the country and destroy all data they possess on American citizens, about a week later the ultimatum was extended to 90 days, probably to allow enough time for the transition process as Microsoft and Oracle had expressed interest in purchasing the U.S operations of tiktok.

This weekend, Bytedance are reportedly planning to challenge the executive order;
TikTok's legal challenge pertains to an earlier executive order, which Trump issued on Aug. 6, the sources said. That order directed the Secretary of Commerce to come up with a list of transactions involving ByteDance and its holdings that should be banned after 45 days.

TikTok plans to argue that the Aug. 6 executive order's reliance on the International Emergency Economic Powers Act deprives it of due process, according to the sources. TikTok will also contest its classification by the White House as a national security threat, the sources added.

This legal step is most likely an attempt to improve their bargaining position as negotiations continue. It would not stop the process of then divesting their operations within the country.