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Tag: semiconductors

China sanctions Raytheon and Lockheed Martin

China sanctions Raytheon and Lockheed Martin

If China is serious about sanctions of semiconductors from”Taiwan, China” then this is a serious development. There is also this: “Lockheed Martin, now on the banned entity list, may have to source its rare-earth supply, especially that of heavy rare-earth elements, from elsewhere” I wonder how this may be reported tomorrow by the China apologists. FLASH: CHINA BANS IMPORTS/EXPORTS INVOLVING RAYTHEON AND LOCKHEED – CRIPPLES U.S. DEFENSE INDUSTRY! FLASH TRAFFIC:┬áCHINA’S COMMERCE MINISTRY HAS BANNED SENIOR EXECS OF RAYTHEON MISSILES &…

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The real reason Nancy Pelosi went to Taiwan

The real reason Nancy Pelosi went to Taiwan

$3 trillion of trade passes through the Taiwan Strait every year Throughout the visit of Nancy Pelosi (who has gone on to South Korea where the president has declined to see her) there has been a lot of talk that to my mind misses the mark – from people saying it is just a “wag the dog” moment to distract from domestic troubles to the Chinese have “lost face” and proven themselves to be “paper tigers”. Last night, I stumbled…

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