BABA BEIJING IS GOING TO SHOVE ZTE WAY UP UNCLE SAM’S BACKSIDE
JEFF J. BROWN—In the long term, what the Trump administration did may be the best thing that ever happened to China. A good comparison is Russia, where the equally ridiculous and illegal bans, boycotts and sanctions have turbocharged Big Bear’s financial sector, agriculture, hydrocarbons, manufacturing and industries. Western extortion can make smaller countries’ people really suffer and die from all the shortages, especially those with concentrated production in only one or two sectors. That is the case for Cuba (sugar), Iraq, Iran and Venezuela (hydrocarbons), and North Korea (mining and heavy industry). What the US is trying to do to strangle Russia has been a colossal miscalculation and what it has just done to ZTE will prove to be just as devastating – not to China – but to the West.
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