CashmereThoughts
Veteran
especially since our island chain containment strategy is choking out their growth/influence/control in the region. Only sensible response is military investment
CHINA IS PREPARING FOR WAR???
- Thread starter ☑︎#VoteDemocrat
- Start date
Yeah this shyt is getting real. US Business Execs are about to get read in.
www.ft.com
US House panel plans Taiwan war game with Wall Street executives
Committee was formed to focus on potential threats from the Chinese Communist party
4 hours ago
House China committee chair Mike Gallagher leans over a tabletop war game exercise
House China committee chair Mike Gallagher, centre, has stepped up scrutiny of US investors’ connections with China © Ellen Knickmeyer/AP
The US House of Representatives China committee plans to hold a Taiwan war game with financial and business executives in New York on Monday, in an effort to raise awareness about the risks attached to Americans investing in China.
Mike Gallagher, the Republican head of the panel, and Raja Krishnamoorthi, its top Democrat, will lead the delegation, according to a person close to the committee.
The war-game participants include representatives from investment banks, in addition to current and former executives from pharmaceutical companies and retired four-star US military officers. The committee declined to name the financial executives who will participate.
The bipartisan delegation will also meet other financial executives in New York, as the committee steps up its scrutiny of how American investment in China could undermine US national security. On Tuesday they have scheduled a hearing that will include testimony from former chair of the Securities and Exchange Commission Jay Clayton and Jim Chanos, the hedge fund short seller.
The person familiar with the situation said the lawmakers wanted to hear from Wall Street executives about “the systemic risks that come with American capital flowing to China and how banks and other financial institutions think about their investments in China and exposure to the Chinese economy in the event of a political crisis”.
Krishnamoorthi told the Financial Times that it was “important that our committee hear from the financial industry about how CCP [Chinese Communist party] policies are affecting Americans’ savings and investments and what Congress needs to do to help protect American investors and our national security”.
The war game would consider the economic implications of a conflict between the US and China over Taiwan. In April, the lawmakers took part in a Taiwan war game on Capitol Hill that raised questions about whether the US and its allies were doing enough to prepare for sanctions on China and an economic war with Beijing in the event of a Chinese attack on Taiwan.
Following meetings with Apple chief executive Tim Cook and Disney boss Bob Iger earlier this year, Gallagher told the FT that Hollywood and Silicon Valley executives were underestimating the odds that China would attack Taiwan.
The US state department last year shared research with European countries that warned that a conflict over Taiwan would trigger an economic shock causing annual losses of as much as $2.5tn.
The House China committee, which was created in January to focus on potential threats from the Chinese Communist party, has held hearings on topics ranging from Beijing’s economic aggression to human rights abuses. But in recent months it has probed commercial links between US companies and China.
In August, for example, the panel accused BlackRock and MSCI of “unwittingly funding” groups that develop weapons for China’s People’s Liberation Army, compromising US national security.
Roger Robinson, former chair of the Congressional US-China Economic and Security Review Commission, said the China committee should build on its “visionary investigation” of BlackRock and MSCI.
“As the committee has learned, when you scrutinise and follow the billions of US investor dollars flowing to CCP-controlled Chinese enterprises, courtesy of reckless Wall Street firms, it leads to nowhere good in many instances,” he said.
The rising congressional scrutiny comes as the White House tries to cut the flow of US money to Chinese groups in technology with military applications. President Joe Biden last month signed an order limiting US investment into China’s quantum computing, advanced chips and artificial intelligence sectors.
@88m3 @ADevilYouKhow @wire28 @dtownreppin214 @Leasy @Neo The Resurrected ONE
@dza @wire28 @BigMoneyGrip @Dameon Farrow @re'up @Blackfyre @NY's #1 Draft Pick @Skyfall @2Quik4UHoes
US House panel plans Taiwan war game with Wall Street executives
Committee was formed to focus on potential threats from the Chinese Communist party
www.ft.com
US House panel plans Taiwan war game with Wall Street executives
Committee was formed to focus on potential threats from the Chinese Communist party
4 hours ago
House China committee chair Mike Gallagher leans over a tabletop war game exercise
House China committee chair Mike Gallagher, centre, has stepped up scrutiny of US investors’ connections with China © Ellen Knickmeyer/AP
The US House of Representatives China committee plans to hold a Taiwan war game with financial and business executives in New York on Monday, in an effort to raise awareness about the risks attached to Americans investing in China.
Mike Gallagher, the Republican head of the panel, and Raja Krishnamoorthi, its top Democrat, will lead the delegation, according to a person close to the committee.
The war-game participants include representatives from investment banks, in addition to current and former executives from pharmaceutical companies and retired four-star US military officers. The committee declined to name the financial executives who will participate.
The bipartisan delegation will also meet other financial executives in New York, as the committee steps up its scrutiny of how American investment in China could undermine US national security. On Tuesday they have scheduled a hearing that will include testimony from former chair of the Securities and Exchange Commission Jay Clayton and Jim Chanos, the hedge fund short seller.
The person familiar with the situation said the lawmakers wanted to hear from Wall Street executives about “the systemic risks that come with American capital flowing to China and how banks and other financial institutions think about their investments in China and exposure to the Chinese economy in the event of a political crisis”.
Krishnamoorthi told the Financial Times that it was “important that our committee hear from the financial industry about how CCP [Chinese Communist party] policies are affecting Americans’ savings and investments and what Congress needs to do to help protect American investors and our national security”.
The war game would consider the economic implications of a conflict between the US and China over Taiwan. In April, the lawmakers took part in a Taiwan war game on Capitol Hill that raised questions about whether the US and its allies were doing enough to prepare for sanctions on China and an economic war with Beijing in the event of a Chinese attack on Taiwan.
Following meetings with Apple chief executive Tim Cook and Disney boss Bob Iger earlier this year, Gallagher told the FT that Hollywood and Silicon Valley executives were underestimating the odds that China would attack Taiwan.
The US state department last year shared research with European countries that warned that a conflict over Taiwan would trigger an economic shock causing annual losses of as much as $2.5tn.
The House China committee, which was created in January to focus on potential threats from the Chinese Communist party, has held hearings on topics ranging from Beijing’s economic aggression to human rights abuses. But in recent months it has probed commercial links between US companies and China.
In August, for example, the panel accused BlackRock and MSCI of “unwittingly funding” groups that develop weapons for China’s People’s Liberation Army, compromising US national security.
Roger Robinson, former chair of the Congressional US-China Economic and Security Review Commission, said the China committee should build on its “visionary investigation” of BlackRock and MSCI.
“As the committee has learned, when you scrutinise and follow the billions of US investor dollars flowing to CCP-controlled Chinese enterprises, courtesy of reckless Wall Street firms, it leads to nowhere good in many instances,” he said.
The rising congressional scrutiny comes as the White House tries to cut the flow of US money to Chinese groups in technology with military applications. President Joe Biden last month signed an order limiting US investment into China’s quantum computing, advanced chips and artificial intelligence sectors.
@88m3 @ADevilYouKhow @wire28 @dtownreppin214 @Leasy @Neo The Resurrected ONE
@dza @wire28 @BigMoneyGrip @Dameon Farrow @re'up @Blackfyre @NY's #1 Draft Pick @Skyfall @2Quik4UHoes
The play would be to take Taiwan, cripple the supply chain an take the economic hit while undercutting the US auto industry by causing another chip shortage and pushing Chinese manufacturer vehicles to the rest of the world. Control the cobalt supply in Africa for batteries and sell electric vehicles cheaper than everyone else. Chinese vehicles don't meet safety regulations to be on USA roads and will likely be sanctioned like crazy, but they could brand stuff with a partnership under Vinfast since they're already in the US market and aren't doing well
That would be the hardest part of the equation...
China's military has no actual combat experience, while it's opposition is being trained and given intel by the most experienced and powerful military that has ever existed. The only chance China has is if the US doesn't come to Taiwan's aid... if we do it's a complete wrap.
ISO
Pass me the rock nikka
U think all this is over carsThe play would be to take Taiwan, cripple the supply chain a take the economic hit while undercutting the US auto industry by causing another chip shortage and pushing Chinese manufacturer vehicles to the rest of the world. Control the cobalt supply in Africa for batteries and sell electric vehicles cheaper than everyone else. Chinese vehicles don't meet safety regulations to be on USA roads and will likely be sanctioned like crazy, but they could brand stuff with a partnership under Vinfast since they're already in the US market and aren't doing well
thats why the US is moving everything to Vietnam, Indonesia, Philippines and India. FAST.The play would be to take Taiwan, cripple the supply chain an take the economic hit while undercutting the US auto industry by causing another chip shortage and pushing Chinese manufacturer vehicles to the rest of the world. Control the cobalt supply in Africa for batteries and sell electric vehicles cheaper than everyone else. Chinese vehicles don't meet safety regulations to be on USA roads and will likely be sanctioned like crazy, but they could brand stuff with a partnership under Vinfast since they're already in the US market and aren't doing well
VinFast just came out tho...if anything Vinfast needs an Africa deal.
They'll be more competent than Russia but it'll be the most obvious thing ever...except when it starts...it wont be easy to stop and it'll be over relatively quickly.
China will swarm the ever loving fukk outta Taiwan and the USA will basically just be over the horizon helpless to really do shyt.
Best bet is to get Japan to fire off a few shots at China in the skirmish but it's gonna be nasty.
If anything China will just saber rattle then pull a long-term Hong Kong and just peacefully nab it through political gamesmanship
Everyone but complacent and tuned out Americans have been knowing a war is brewing.
The Chinese have been buying land next to American military bases and military age CHinese men have been flowing across our border. There's already Chinese police stations in America. Our 'politicians' already sold us out and they know what's coming but they're not telliing you to prepare.
With how easy it is to cross our borders, you don't think possibly Russians are crossing over and could have weapons ready to go? You think Russia won't do anything to us for waging a proxy war on them?
If you're smart, you'll get Jesus in your life, get armed, and get food and water stored up.
The Chinese have been buying land next to American military bases and military age CHinese men have been flowing across our border. There's already Chinese police stations in America. Our 'politicians' already sold us out and they know what's coming but they're not telliing you to prepare.
With how easy it is to cross our borders, you don't think possibly Russians are crossing over and could have weapons ready to go? You think Russia won't do anything to us for waging a proxy war on them?
If you're smart, you'll get Jesus in your life, get armed, and get food and water stored up.
yeah, nah...
we knew what was going on long before russia attacked ukraine...
we would know long before China attacks Taiwan...
Russia not gonna risk getting the entire American public united on a war against them
Russia already has spies and agents in the US... they assassinated a defector a few years ago near DC i think..
They wouldnt dare attack Americans though
I don’t think it’d be that simple. The US has a whole forward deployed fleet in the Pacific, Okinawa is about an 1.5hr flight from Taiwan.
I didn't say it would be a surprise. I'm saying when its on, its no going back.