• News
  • Entertainment
    • Movies
    • Hollywood
    • Bollywood
    • Technology
    • Music
    • Deals
    • Games
    • Fashion
  • Finance
  • Crypto
  • Casino

China to beat back US’ tech ‘hegemony’

69Shares
68.9KViews

A girl listens to a debate at Huawei Cyber Safety Transparency Middle in Brussels, Belgium, on Jan. 30, 2020.(Xinhua/Zhang Cheng)

China on Thursday issued a blatant warning in opposition to what it calls “US know-how hegemony,” signaling that it will counter Washington’s efforts to crack down on Chinese language tech companies, as some US officers are reportedly mulling new restrictions on high-tech exports to China in an escalating battle for dominance within the realm of know-how.

The renewed rigidity within the know-how sector provides recent fireplace to widening clashes between the world’s two greatest economies over a variety of areas in wake of the coronavirus pandemic, which has emboldened some anti-China and anti-globalization forces within the US of their sick makes an attempt to decouple from China, Chinese language analysts mentioned on Thursday.

Nonetheless, these forces might need picked the mistaken method, as China will strike again and will hit the US know-how sector ten instances more durable than what the US might damage China, given its rising technological capabilities and big market, the analysts famous, including that whereas the tensions will possible persist and trigger short-term disruptions, they will not be the general pattern of world technological collaboration.

China strikes again

COPYRIGHT_BP: Published on https://bingepost.com/china-to-beat-back-us-tech-hegemony/83740/ by Cecilia Jones on 2020-04-03T00:51:39.000Z

Commenting on Washington’s latest transfer in opposition to Chinese language telecom agency Huawei on Thursday, Hua Chunying, a spokesperson for the Chinese language Overseas Ministry, mentioned that China would retaliate if the US follows by way of. “For this kind of US know-how hegemony, the Chinese language authorities will certainly not sit idly by,” Hua instructed a routine press briefing.

The US was getting ready for additional measures in opposition to Huawei, aiming to dam gross sales of chips to the corporate by Taiwan Semiconductor Manufacturing Co, a serious provider for Huawei, in accordance with media studies earlier this week. The transfer, if adopted by way of, might trigger severe disruptions to Huawei’s operations, however the transfer is not life-threatening as different suppliers stay, analysts mentioned.

Hua’s feedback additionally got here as some US officers are escalating the tech conflict with China. Some senior US officers have been mulling new hurdles for stopping US corporations from promoting sure high-tech merchandise to Chinese language corporations that could possibly be diverted for navy use, together with semiconductors, citing China’s military-civilian integration growth plan, Reuters reported on Thursday. Hua pushed again on the claims, declaring that many massive US corporations are additionally the results of military-civilian integration drive.

“This can be a determined transfer from the US after its multi-year marketing campaign in opposition to Huawei failed. It doesn’t make any sense as a result of it will damage US corporations simply as a lot because it hurts Chinese language corporations, if no more. However then once more, the US has misplaced sensibility on a whole lot of issues,” Xiang Ligang, a veteran telecom trade analyst in Beijing, instructed the International Instances on Thursday.

Whereas Chinese language officers didn’t specify potential countermeasures in opposition to the US, analysts mentioned there are loads choices in China’s toolbox, much more than through the commerce conflict, primarily as a result of many US tech companies from aircraft producer Boeing to chipmaker Intel to smartphone producer Apple, are all uncovered to the Chinese language market. China accounts for over 22 % of Boeing’s industrial income, 28 % for Intel and about 15 % for Apple, media studies confirmed.

In whole, US tech corporations generate a complete of about $600 billion income from the Chinese language market annually, whereas Chinese language corporations solely get lower than one-tenth of that from the US, in accordance with Fang Xingdong, founding father of Beijing-based know-how assume tank ChinaLabs.

“If US politicians are actually imbecilic and struggle a tech conflict, it is going to be a easy and straightforward factor for China to retaliate. China and the US would possibly each have benefits in a commerce conflict, however in know-how, China’s energy could possibly be a couple of instances extra highly effective than that of the US,” Fang instructed the International Instances on Thursday.

US high-tech corporations depend on China for gross sales income but in addition essential elements, Fang mentioned. “With out the help of China’s provide chain, manufacturing at a majority of US corporations will go into shock instantly,” he mentioned.

Some US companies have voiced considerations about how the brand new restrictions will impression their companies, in accordance with Reuters. US President Donald Trump has not signed on the plan but. Trump in February blocked an earlier try by some officers in his administration to dam gross sales of US airplane engines to China.

The coronavirus outbreak has significantly affected the operation of Apple’s provide chain. Photograph: cnsphoto

Battle for dominance

Nonetheless, regardless of the plain flaws in what Chinese language analysts name “self-destructive” plans, some anti-China officers inside the US authorities, who’ve been relentlessly pushing for a China-US decoupling, are emboldened by provide chain issues highlighted by the pandemic, analysts famous.

The seemingly determined measures from Washington additionally highlighted a deepening urgency and uneasiness amongst some US officers that they’re already falling behind China in responding to the pandemic – an occasion that would reshape the world order for years to return – and they’re preventing to order that pattern by staying in the important thing battle over revolutionary applied sciences in areas corresponding to web, telecom, AI, and biotech, the analysts added.

Nonetheless, in scrambling to include China from rising in these areas after the pandemic, these US officers are literally serving to China fairly than saving themselves, Shen Yi, an affiliate professor of worldwide politics at Fudan College in Shanghai.

“[Cracking down on Chinese tech companies] is most foolish commercially, it additionally matches completely into the political setting of the US, the place attacking China is politically appropriate,” Shen instructed the International Instances on Thursday. “Put it bluntly, to only present political correctness, US officers are abandoning the muse for its technological dominance and mainly handing it to China.”

For China, whereas the measures “would possibly trigger some hassle for some Chinese language corporations, however in the long term, it solely boosts China’s core competiveness,” Shen mentioned.

China is already among the many world’s leaders in a variety of areas, together with 5G, synthetic intelligence (AI), large knowledge and others and is continuous to spend money on these areas. Even because it copes with the epidemic, China has stepped up spending in these areas, or what Chinese language officers name “new infrastructure” initiatives, with a complete of 40 trillion yuan investments already introduced, in accordance with some estimates.

Share: Twitter | Facebook | Linkedin

About The Authors

Cecilia Jones

Cecilia Jones - Cecilia Jones loves to write about movies, music, and the most popular and exciting news.

Recent Articles

  • Who Is Savannah Chrisley Dating And How She Restart Her Past Relationship

    Hollywood

    Who Is Savannah Chrisley Dating And How She Restart Her Past Relationship

    Let's talk about the question, "Who is Savannah Chrisley dating?" Savannah Chrisley, a reality TV star from the United States, is most known for her time from 2014 until 2021 as "Savannah Knows Best on the USA Network." She is the daughter of reality TV personality and real estate tycoon Todd Chrisley and also appeared in the film "Sharknado 4: The 4th Awakens."

  • Ex-Pakistan PM Imran Khan Joins Rally Since Shooting

    News

    Ex-Pakistan PM Imran Khan Joins Rally Since Shooting

    The former prime minister of Pakistan Imran Khan addressed a sizable crowd of fans Imran Khan joins rally since shooting and being wounded three weeks ago. In Rawalpindi, crowds gathered for a rally while carrying flags and signs. They were exhorted to live without concern for mortality by the former cricket star.

  • Who Is Meg Donnelly Dating? Exposing The 'Zombies' Star's Relationship History

    Movies

    Who Is Meg Donnelly Dating? Exposing The 'Zombies' Star's Relationship History

    Meg Elizabeth Donnelly, an American actress, model, dancer, musician, and vocalist, was born on July 25, 2000. She is best known for her performances in the three "Zombies" sequels as well as the original film. Because of his fame and talent in acting, it's interesting to know the answer to this question: who is Meg Donnelly dating?

  • Bingo Bonga Online Casino: Fun Way To Win Money

    Casino

    Bingo Bonga Online Casino: Fun Way To Win Money

    Bingo Bonga Casino is one of the most reputable online casinos around. It is owned and operated by the N1 Interactive Limited Casinos Group, which is one of the most reputable companies in the industry.

  • Japan Leaves Dressing Room Spotless After Beating Germany In World Cup 2022

    News

    Japan Leaves Dressing Room Spotless After Beating Germany In World Cup 2022

    In a 2022 World Cup group stage encounter on Wednesday in Qatar, Japan earned a historic first-ever victory over Germany, sparking jubilant celebrations. Japan leaves dressing room spotless after beating Germany, rather than celebrating the triumph.

  • Ukraine’s SBU Raids Russian-backed Monastery In Kyiv

    News

    Ukraine’s SBU Raids Russian-backed Monastery In Kyiv

    In an effort to stop what are believed to be "subversive activities by Russian special services," Ukraine's SBU raids Russian-backed monastery in Kyiv. Some of the UOC's most prominent clergy have been charged with continuing to covertly assist Moscow and using their position to sway churchgoers.

  • "Mass Exodus" Of Staffers Throws Twitter's Future Into Uncertainty

    News

    "Mass Exodus" Of Staffers Throws Twitter's Future Into Uncertainty

    Users submitted what they felt may be their final postings on the platform Thursday night, listing the other (more reliable) social media platforms where they can still be found and used the hashtag #RIPTwitter to create a global trend as the "mass exodus" of staffers throws Twitter's future into uncertainty.

  • Dove Cameron - Diving Into The Disney Star’s Colorful Love Life

    Hollywood

    Dove Cameron - Diving Into The Disney Star’s Colorful Love Life

    For the fans of Disney Channel’s “Liv and Maddie,” they could be well informed about the times their favorite Dove Cameron fell in love - on screen and off screen. She could either have become Mrs. McCartan or Mrs. Doherty. Alas! There’s neither a marriage nor a boyfriend.

  • Tears And Emotion As Wales Return To World Cup 2022

    News

    Tears And Emotion As Wales Return To World Cup 2022

    For thousands of Wales football fans, it is a day filled with intense emotion as they see something many feared they would never see. Tears and emotion as Wales return to World Cup 2022. They have traveled to Qatar from all over the world to witness their team play on the largest football stage ever for the first time since 1958.

  • Elizabeth Holmes Is Sentence To More Than 11 Years In Prison For Theranos Fraud

  • 10 Million Without Power After Russian Strikes On Ukraine’s Energy System

  • Who Is Yung Miami Dating? The World-famous Singer's Boyfriend

  • Who Is Mattie Westbrouck Dating? Young American Social Media Sensation Relationship Details

  • Who Is Kelly Clarkson Dating? This Is The Guy She's In Love With