The Chinese government had nothing to do with DeepSeek's Open Source approach that was a market reaction. Since it has become clear this is a preferable path, Beijing has been supportive.
China is less ideologically and more trade focused.
If your question is whether the world is dividing between America and the rest of the world, it is, because of Washington's coerce on-again off-again coercion has made it a unreliable partner. Beijing's strategy has been to remain pragmatic and predictable.
Evidence Rules: U.S. courts allow broad discovery, including expert testimony and financial records, while PRC courts require strict authentication and official recognition of expert opinions.
Damage Calculations: U.S. cases emphasize lost profits and expert-backed damages, while PRC courts use statutory damages and punitive awards for malicious infringement.
Case Duration: PRC courts resolve IP cases faster (12-18 months), while U.S. cases often extend beyond 2-3 years due to complex discovery and appeals.
Better is a loaded word, but for plaintiffs China is better, for respondents US is better. The PRC courts prioritize efficiency, while U.S. courts focus on extensive fact-finding and high-stakes damage assessments.
The misplaced belief that if someone runs the country like a business it will be better. The problem is they operate on different assumptions business is about profits, government should be about planning and implementation based on needs.
Great power relations are being rewritten as the world shifts from Uni to Multi-polar, but the effects are still with us. India's Stockholm Syndrome still lingers, as embodied by people in the government who believe they are pulling the strings, when they are dancing to them.
It doesn't make sense for countries to allow goat pastures to divide them. The answer has been obvious since the 1962 war, settle the border disputes by swapping land areas and then concentrate on prosperity.
People in India should ask themselves, who benefits from tensions between India and China and who has the means to push nationalistic media narratives that put these neighbors at odds. Who tried to interfere in India's national election by amplifying anti-Modi media narratives. Who was involved in the Bangladesh Color Revolution?
This is not meant to vilify others just to point out that their agendas are about their own perceived interests rather than India's.
up space for ASEAN be a fait accompli actor in a multipolar, multilateral and multi-civilisational world order?
If yes, please explain how has the space been carved up for ASEAN to be such an actor?
If ASEAN can now be a fait accompli actor, does it have enough experience to be so? And if not enough experience, how then to gain experience in a mine field?
Power is taken not given, ASEAN will only be powerful when it acts as a body. This applies to its dealings with all other economic blocks and major powers.
America wants to impose an unequal unipolar trade system for its benefit. China and Russia want believe the world is already multipolar. Washington has asked ASEAN to choose sides or be punished economically. China and Russia have asked ASEAN to be open and enjoy the benefits of mutual economic opportunities. The differences are stark, the outcome does not favor Washington.
Those who oppress others today, will be oppressed in the future. The term "cultivation of power" invites inquiries as to what power is.
I used the term to express collective power as a necessity, as they collectively have more power than individually and given the size of the competing powers, US, China, Russia, India, Europe, etc...
In terms of my statement that power is taken not given, the issue is what countries do with their power, if they use it defensively to ward off risks to their region, country, and people, that is justifiable, if they use it to subjugate others, it is not.
Much older than you, and have in my memory when Nixon closed the "gold window." The gold price climbed, as did inflation. It looked like an end of the world situation, but things were stablized.
Still,the dollar has not stopped declining, and the price of a 5 cent bag of m&ms that were my addiction as a boy no longer exists to my knowledge, but m&ms do, but at a price that I cannot afford to become pre-diabetic.
Where does this end? A Diocletian like Decree of Commanded Cheapness t get people to accept CBDC?
Not sure I follow the logic, inflation is an economic reality created by supply and demand dynamics. CBDC is coming because it's cheaper and faster than conventional fiat and allows the governments issuing them to tax at point of transaction and trace sources and uses. The loss will be personal privacy.
So, the continued downward trend of the dollar, as a result of the economic reality created by supply and demand dynamic can continue until the dollar is worth almost nothing and we shall just continue to adjust?
The US is a resource rich nation, it has minerals, energy, agriculture, significant high-tech expertise, and a world class intellectual infrastructure. As such it's economy has been able to support high levels of consumption.
America will reach an equilibrium point based on its value added. So, while there will be an initial negative downward spiral, similar to asset re-pricing, it will reach a point that reflects market values, absent manipulation by the government through monetary, fiscal, and trade actions and policies.
Like most things, it's not a light switch which is on or off, it's about finding the shifting balance points in an ever changing dynamic world.
How is the SWIFT system built technically in the sense that if the US were to put heavy SWIFT sanctions on China at some point in the future, would the EU be forced to abide by such sanctions due to technical reasons, or could the EU ignore US sanctions and continue trading with China if it so chooses?
Yes, the EU would technically have to abide in terms of using SWIFT banks for transactions. Various alternatives are already available. The biggest issue will be transaction costs and national policies.
Here is my question: in the currents state of lack of visibility or problematic horizons, how can small and medium enterprises navigate the storms ahead and contribute to a more stable safe World? In other words how can SMB think globally (whatever the circumstances), stay positive, take calculated risks, and act locally in a productive way. Thanks a lot.
Hi Einar,
Thank you for this opportunity to have a dialogue with you, I hope my questions generate some interest. Feel free to answer some/all/none :-)
1- Will China evolve strong Intellectual Property rights and legal systems to
adjudicate IP claims and disputes, especially with foreigners ?
2- I do not believe the USA will want developing nations to become close partners
with China and will force them to make a binary choice. Do you see China also
making the same calculus once the USA puts up hard barriers ?
3- Do you think that China will continue to support publishing open source
software to the world in the eventuality that the USA-led bloc imposes bans
on using or disseminating sanctioned software ?
4- Is there enough economic pressure on South Korea and Japan that they will
create a common market or other trade zone (bloc) with China, no matter what
the USA does ?
Thanks !!
The trilateral talks between China, Japan, and South Korea are focused on strengthening regional economic and trade cooperation.
The recent 13th Korea-Japan-China Economic and Trade Ministers' Meeting, has emphasized collaboration for regional and global stability.
Issues like WTO reform, a potential free trade agreement, and enhancing supply chain cooperation.
All three are trading nations which benefit from the existing global order that Washington is intent on destroying.
Bore both global and regional issues
The Chinese government had nothing to do with DeepSeek's Open Source approach that was a market reaction. Since it has become clear this is a preferable path, Beijing has been supportive.
China is less ideologically and more trade focused.
If your question is whether the world is dividing between America and the rest of the world, it is, because of Washington's coerce on-again off-again coercion has made it a unreliable partner. Beijing's strategy has been to remain pragmatic and predictable.
In terms of Ip protection:
Evidence Rules: U.S. courts allow broad discovery, including expert testimony and financial records, while PRC courts require strict authentication and official recognition of expert opinions.
Damage Calculations: U.S. cases emphasize lost profits and expert-backed damages, while PRC courts use statutory damages and punitive awards for malicious infringement.
Case Duration: PRC courts resolve IP cases faster (12-18 months), while U.S. cases often extend beyond 2-3 years due to complex discovery and appeals.
Better is a loaded word, but for plaintiffs China is better, for respondents US is better. The PRC courts prioritize efficiency, while U.S. courts focus on extensive fact-finding and high-stakes damage assessments.
Why have so many bankers and asset managers been installed as Heads of State in the West?
The misplaced belief that if someone runs the country like a business it will be better. The problem is they operate on different assumptions business is about profits, government should be about planning and implementation based on needs.
Hi Einar!
What do you think can make India and China resolve their border disputes and work together?
Isnt The disputes over a line (McMahon) in the barren wasteland, drawn by colonizers, is a waste of time and effort which can be spent in better ways?
Thank you
Great power relations are being rewritten as the world shifts from Uni to Multi-polar, but the effects are still with us. India's Stockholm Syndrome still lingers, as embodied by people in the government who believe they are pulling the strings, when they are dancing to them.
It doesn't make sense for countries to allow goat pastures to divide them. The answer has been obvious since the 1962 war, settle the border disputes by swapping land areas and then concentrate on prosperity.
People in India should ask themselves, who benefits from tensions between India and China and who has the means to push nationalistic media narratives that put these neighbors at odds. Who tried to interfere in India's national election by amplifying anti-Modi media narratives. Who was involved in the Bangladesh Color Revolution?
This is not meant to vilify others just to point out that their agendas are about their own perceived interests rather than India's.
Have China and Russia opened
up space for ASEAN be a fait accompli actor in a multipolar, multilateral and multi-civilisational world order?
If yes, please explain how has the space been carved up for ASEAN to be such an actor?
If ASEAN can now be a fait accompli actor, does it have enough experience to be so? And if not enough experience, how then to gain experience in a mine field?
Power is taken not given, ASEAN will only be powerful when it acts as a body. This applies to its dealings with all other economic blocks and major powers.
America wants to impose an unequal unipolar trade system for its benefit. China and Russia want believe the world is already multipolar. Washington has asked ASEAN to choose sides or be punished economically. China and Russia have asked ASEAN to be open and enjoy the benefits of mutual economic opportunities. The differences are stark, the outcome does not favor Washington.
How sustainable of an axiom that “power is cultivated” for certain players?
Those who oppress others today, will be oppressed in the future. The term "cultivation of power" invites inquiries as to what power is.
I used the term to express collective power as a necessity, as they collectively have more power than individually and given the size of the competing powers, US, China, Russia, India, Europe, etc...
In terms of my statement that power is taken not given, the issue is what countries do with their power, if they use it defensively to ward off risks to their region, country, and people, that is justifiable, if they use it to subjugate others, it is not.
Dear Sir,
Much older than you, and have in my memory when Nixon closed the "gold window." The gold price climbed, as did inflation. It looked like an end of the world situation, but things were stablized.
Still,the dollar has not stopped declining, and the price of a 5 cent bag of m&ms that were my addiction as a boy no longer exists to my knowledge, but m&ms do, but at a price that I cannot afford to become pre-diabetic.
Where does this end? A Diocletian like Decree of Commanded Cheapness t get people to accept CBDC?
Not sure I follow the logic, inflation is an economic reality created by supply and demand dynamics. CBDC is coming because it's cheaper and faster than conventional fiat and allows the governments issuing them to tax at point of transaction and trace sources and uses. The loss will be personal privacy.
So, the continued downward trend of the dollar, as a result of the economic reality created by supply and demand dynamic can continue until the dollar is worth almost nothing and we shall just continue to adjust?
The US is a resource rich nation, it has minerals, energy, agriculture, significant high-tech expertise, and a world class intellectual infrastructure. As such it's economy has been able to support high levels of consumption.
America will reach an equilibrium point based on its value added. So, while there will be an initial negative downward spiral, similar to asset re-pricing, it will reach a point that reflects market values, absent manipulation by the government through monetary, fiscal, and trade actions and policies.
Like most things, it's not a light switch which is on or off, it's about finding the shifting balance points in an ever changing dynamic world.
Thank you.
How is the SWIFT system built technically in the sense that if the US were to put heavy SWIFT sanctions on China at some point in the future, would the EU be forced to abide by such sanctions due to technical reasons, or could the EU ignore US sanctions and continue trading with China if it so chooses?
Yes, the EU would technically have to abide in terms of using SWIFT banks for transactions. Various alternatives are already available. The biggest issue will be transaction costs and national policies.
Here is my question: in the currents state of lack of visibility or problematic horizons, how can small and medium enterprises navigate the storms ahead and contribute to a more stable safe World? In other words how can SMB think globally (whatever the circumstances), stay positive, take calculated risks, and act locally in a productive way. Thanks a lot.
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