Re:Biden cripples China's semiconductor industry overnight
by the_mitsuhiko on Wednesday October 19, 2022 @04:24PM
(#33267511)
Is there a source on the loss of citizenship? Historically the US made it very hard to give up citizenship, I would be surprised if they for once made an easy way to relinquish it.
Re:Biden cripples China's semiconductor industry overnight
by mytailorisrich on Wednesday October 19, 2022 @05:55PM
(#33268366)
No, the Fortune article correctly reports that people may be forced to choose. But there is no provision to strip people of citizenship in the new rules as the article you submitted implies.
Re:Biden cripples China's semiconductor industry overnight
by mytailorisrich on Wednesday October 19, 2022 @04:31PM
(#33267570)
There is no threat of taking away citizenship.
Citizens will be banned from certain jobs with severe penalties for breaches.
Therefore execs with dualcitizenship might choose to give up US citizenship and keep their jobs instead. But no-one will take their US citizenship away.
The article is highly misleading and misrepresents the situation.
Re:Biden cripples China's semiconductor industry overnight
by mytailorisrich on Wednesday October 19, 2022 @05:43PM
(#33268259)
The text of the actual new rules and articles that covered it in reputable publications.
For instance [1]:
"For many senior executives at Chinese companies, the rule will likely force them to decide between their jobs and their U.S. citizenship or permanent resident status,"
This is the correct, accurate take on the issue, which is being distorted in the article you posted.
No-one will be stripped from their US citizenship.
Re:Biden cripples China's semiconductor industry overnight
by AnimalMuppet on Wednesday October 19, 2022 @04:49PM
(#33267755)
That's a really slanted article, from the first sentence. I would take everything it says with a grain of salt.
That said... I question whether this is actually within the president's authority. What did he actually order? (No, I don't care what this article says. What was the actual order?) Does he, constitutionally, have the authority to do that?
Re:Biden cripples China's semiconductor industry overnight
by slothsinc on Wednesday October 19, 2022 @05:10PM
(#33267977)
The Washington Post also reports this:
"In a novel step that appears to have prompted some companies to broadly suspend trade with China, the rules also bar “U.S. persons” — including American factories, and Americans and U.S. green-card holders who work in foreign factories overseas — from supporting the development or production of advanced chips in China, unless they receive a U.S. government license."
Source: https://www.washingtonpost.com/technology/2022/10/17/export-...
"“There are green-card holders considered U.S. persons that are going to be in a bind. Do they want to stay in China and give up their U.S. person status or do they want to move?""
Re:Biden cripples China's semiconductor industry overnight
by salawat on Wednesday October 19, 2022 @05:00PM
(#33267879)
Yes. The President, as the Chief Executive, has the authority to manage anything w.r.t. foreign policy. This includes the imposition and management of tariffs (something not a lot of people realize Congress ceded to the executive), as well as imposing sanctions, or getting any of the basket of regulatory agencies operating under him to enact something tut sweet.
As far as I am aware, he added Semiconductor fab equipment to the restricted export list. ASML can, as a result, not sell those items to chinese customers without facing mucho pain from the U.S. in terms of sanctions or other unpleasantness. Anyone with U.S. citizenship who violates that restriction is in a great deal of hot water if it is found out about, and they try to return/are in the States.
https://fortune.com/2022/10/13/chinese-americans-china-chip-...
https://news.yahoo.com/bidens-export-curbs-place-many-233739...
Citizens will be banned from certain jobs with severe penalties for breaches.
Therefore execs with dualcitizenship might choose to give up US citizenship and keep their jobs instead. But no-one will take their US citizenship away.
The article is highly misleading and misrepresents the situation.
For instance [1]:
"For many senior executives at Chinese companies, the rule will likely force them to decide between their jobs and their U.S. citizenship or permanent resident status,"
This is the correct, accurate take on the issue, which is being distorted in the article you posted.
No-one will be stripped from their US citizenship.
[1] https://www.wsj.com/articles/american-executives-in-limbo-at...
That said... I question whether this is actually within the president's authority. What did he actually order? (No, I don't care what this article says. What was the actual order?) Does he, constitutionally, have the authority to do that?
"In a novel step that appears to have prompted some companies to broadly suspend trade with China, the rules also bar “U.S. persons” — including American factories, and Americans and U.S. green-card holders who work in foreign factories overseas — from supporting the development or production of advanced chips in China, unless they receive a U.S. government license." Source: https://www.washingtonpost.com/technology/2022/10/17/export-...
"“There are green-card holders considered U.S. persons that are going to be in a bind. Do they want to stay in China and give up their U.S. person status or do they want to move?""
https://www.federalregister.gov/documents/2022/10/13/2022-21...
As far as I am aware, he added Semiconductor fab equipment to the restricted export list. ASML can, as a result, not sell those items to chinese customers without facing mucho pain from the U.S. in terms of sanctions or other unpleasantness. Anyone with U.S. citizenship who violates that restriction is in a great deal of hot water if it is found out about, and they try to return/are in the States.