• Ernie Diaz

Hey Joe, Call Me

Huawei founder Ren Zhengfei is hoping for a call from Joe Biden. While Vegas adds that call to the line on $15 minimum wages & $2000 checks, we imagine the call going something like this:

“Mr. Biden, you supply the goods, we supply the production capacity, you expand supply, too. Heck, we’ll even keep your ‘counterintelligence operatives’ on site.”

“C’mon, man – you think just cuz the rooster’s a different color it’s gonna lay an egg?”

Huawei represents everything America has no easy answers for about China, hence the former’s fallback on standby solutions – sanctions being the first and least aggressive step. Bad for Huawei, but nature abhors a vacuum.

“The U.S. may be unintentionally starting a game of whack-a-mole,” says Jimmie Jeremejev. “There are already Chinese companies stepping in to fill the gap, and China’s determination to become more reliant in terms of the entire telecom supply chain is only hardening. There will be plenty of room for non-U.S. players to step into help forge that chain, and a lot of investable value created therein.”

25 views0 comments

Recent Posts

See All

Too Big to Bail

We'd like to bear witness against the notion that Chinese giants are simply propped up by their government when they stumble. Sure, China's central bank and regulatory bodies shut Anbang down a few ye

Schools & Regulations

First they came for the tech companies, and we did not speak, for cybersecurity and monopolies are a thing. Next they came for the listed education companies, and we did not speak, for anyone in China

Free Money

It's just the same as with your therapist: the more you open up, the harder it is to stop. Opening up the economy led to 9%= GDP growth for decades, a golden era of prosperity. Anyone grateful? Nope.