Comment by pphysch
2 years ago
By its proponents? It's already apparent to many. The current trade war started already over half a decade ago under Trump.
2 years ago
By its proponents? It's already apparent to many. The current trade war started already over half a decade ago under Trump.
Yes. I think in the US politics "blob" eg. the sanctions against Huawei are still seen as enormously succesful in the sense that they did huge economic damage on the company without China being able to retribute directly. However today Huawei mass-produces a modern high-end phone and if you open that phone, none of the components inside are produced by western companies, everything is Chinese. That is really remarkable. And it is not going to stop with a phone.
Perfect case of winning the battle and losing the war .
nope, the tech trade war has always been there since the country was founded in 1949, for tech such as semi conductors, machine tools, industrial software, etc. US just escalated it by placing more restrictions and targeted large swathe of the CN economy. But because of the decade of sanctions, the R&D industrial base for many of these tech is there, just very small, no market maturity, but there is human resources, there is IP and know how. Sanctions just give these actors a chance to really improve.