Last week, the Biden administration stepped up its crackdown on Chinese technology in what is becoming the global conflict of the century.
An executive order signed this past Wednesday roadblocks and regulates United States investments in Chinese technology, ranging from advanced computer chips and microelectronics to quantum IT and AI.
We’re knocking on the door of where national security begins to overtake macroeconomics.
It’s a choice between economics and world technological dominance, and only the latter can be a winning choice over the long haul.
The executive order is aimed at undermining China’s ability to take advantage of U.S. investment dollars in its booming high-tech sector–advancements.
Because the real threat is that the money goes toward financing China’s military.
This posturing is to help keep China’s aim of world technological domination in check.
It’s not going to be that simple, even if it is a geopolitical necessity.
There is no feasible way for a free-market democracy to go to war on this level with an authoritarian one-party behemoth of a country that maintains vast control over its key industries and its general population without interfering in big business.
There will be major supply chain disruptions and a massive shakeup of financing for huge projects.
In terms of energy, China’s dominance in certain sectors is hindering U.S. ambitions to shift to clean energy.
Because China knows the United States “Green Energy” agenda is really just a labeled progressive political agenda.
America’s oil and gas technology dominates, with the shale boom rendering the U.S. and fossil fuels superpower, China dominates in battery tech and solar panels.
The difference is, we’re buying China’s batteries and solar while China is buying Russian and OPEC oil.
Short-sightedness and greed have long dominated the Western investment climate, which Beijing has been quick to capitalize on.
And it’s not about the money; it’s ALWAYS about power.
All of this does one thing to the energy and tech sectors . . . it makes them move – and that my friends is where we can capitalize on short-term, mid-term and long-term opportunities.
If you’d like to ride alongside me in doing just that – simply CLICK HERE to learn more!