No Huawei in the US

US blocked again Huawei’s entry into its market through the association with ATT. And after Moneygram’s failed acquisition by Ant Financial (Alibaba Group), it begins to look like a recurrent pattern. The US is more or less reciprocating the Chinese treatment of foreign firms in the internal market, and so long to the free trade phantom.

“To reflect God, infinite Mind”

From On the Brink. Inside the Race to Stop the Collapse of the Global Financial System (2010), by Henry L.Paulson, US Treasury Secretary between 2006 and 2008. [The moment is Sunday afternoon, September 14, 2008, just before the opening of the Asian markets, when he eventually realizes that Lehman will not be rescued by the UK’s Barclays…… Continue reading “To reflect God, infinite Mind”

Huawei

European States had no problem letting the Chinese telecom giant supply equipments for mobile networks, while the US refused its access from the very beginning. In the meantime, some start questioning the European approach and the supposed neutrality of Huawei in relation to the Chinese State.

“A litigation-focused organization”

At the WTO’s Buenos Aires Ministerial, US, Japan and EU teamed up against the Chinese mercantilist practices : intellectual property theft, state-owned enterprises, overcapacity, etc. Moreover, USTR Lightizer attacked the World Trade Organization as an institution and “said the WTO was focused too much on refereeing legal complaints, which distracted from its core mission of…… Continue reading “A litigation-focused organization”