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US intelligence accuses Huawei of being state-funded [Copy link] 中文

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Post time 2019-4-20 20:19:58 |Display all floors
Despite claims of making good progress in trade talks, there is no let-up in the US economic war on China. In the latest development, the CIA accused Huawei of receiving funding from China’s National Security Commission, the People’s Liberation Army and a third branch of the Chinese state intelligence network.

Whether Uncle Sam's accusation is true has yet to be substantiated. One unique characteristic of Uncle Sam, however, is that he always criticises others but never cares to look at himself in the mirror. Taking another analogy, when a monkey looks for fleas on the bodies of other monkeys, it forgets about the fleas on its own body. The US intelligence needs not look for state-funded companies far away in other countries. It can easily find a lot of such companies nearby in its own country.

One way or the other, many US companies (e.g. Boeing) obtain government contracts, state funds or subsidies from "the United States of subsidies".

The single largest contractor for the federal government in 2016 was Lockheed-Martin (NYSE: LMT), which raked in more than $43 billion in contracts last year (2016). That was far more than any other contractor received: No. 2 Boeing (NYSE: BA) hauled in just $26.5 billion in contracts.

According to the government's Federal Procurement Data System (FPDS), 58 companies received at least $1 billion worth of government contracts last year, with the top 100 contractors getting over $262 billion combined. What might be surprising is just how dependent some companies are on government spending for their existence.

What does Uncle Sam hope to gain by accusing others of something which he himself is guilty of? Before Uncle Sam accuses others of subsidizing or funding their own companies, he had better look at himself in a puddle of water if he cannot find a mirror.

Source:  reutersdotcom

Donald Trump's infamous Hitler-style rabble-rousing chants:  "Lock her up!  Lock her up!"

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Post time 2019-4-20 20:43:59 |Display all floors
What else can they claim?

While on my trip I finished reading The Hundred Year Marathon by Michael Pillsberry.

They are all alike -- the guy says China's accomplishments are all due to help from the Amercans.

Yeah Wang Wei was helped by the Americans on April 1, 2001.

Ship Ying He was helped by an American naval vessel for suspected chemical weapons on their way to Iran -- in international waters in 1994.

Yeah without them we'd have been a nation of paupers.

That's why you don't have to leave your desk to understand why America is declining apace -- when they see only beauty on their ugly wizened faces, that's when you know they are sick to the bone.

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Post time 2019-4-20 20:44:33 |Display all floors
Good article.

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Post time 2019-4-20 21:36:50 |Display all floors
Good article.
Believe it or not, it's true.

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Post time 2019-4-21 08:39:46 |Display all floors
Good article.
Believe it or not, it's true.

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Post time 2019-4-21 08:48:53 |Display all floors
So what? These companies only sell to the US government. Unless the US government OK's the sale to a foreign country. Except Boeing; so the PRC buy their military jets domestically. Now they can buy their commercial airplanes domestically too. The Chinese companies that US accuses the PRC subsidizing, sell only commercially. That is against the WTO rules.

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Post time 2019-4-21 10:10:49 |Display all floors
Boston101 Post time: 2019-4-21 08:48
So what? These companies only sell to the US government. Unless the US government OK's the sale to a ...

You are talking with your head in the cloud.  As shown in the following article, the US has breached WTO rules by subsidizing Boeing (which has close ties with the Pentagon), the world's biggest producer of commercial airplanes.

The following are excerpts from a news report by Toby Vogel, dated September 16, 2010, under the headline "WTO has ‘ruled’ against Boeing".

(Begin excerpts)
A ruling by the World Trade Organization has found that billions of dollars in subsidies by the United States government to aircraft manufacturer Boeing were in breach of global trade rules, according to European Union sources....

Karel De Gucht, the European commissioner for trade, said: “Some of the findings of the WTO panel report on subsidies to Boeing have already been leaked and commented upon. I would like to limit myself to saying that the analysis conducted appeared very thorough and its conclusions support the EU’s view in the disputes.”...

Jean-Louis Borloo, France’s environment minister, and Dominique Bussereau, its transport minister, said that yesterday’s decision “swings the pendulum back”.....“This ruling brings enormous satisfaction to the French and European aviation industry and saves jobs and the future of this industry,” the ministers said in a joint statement....(End excerpts)

Source:  politicodoteu
Donald Trump's infamous Hitler-style rabble-rousing chants:  "Lock her up!  Lock her up!"

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