Do you think a supposedly Taliban regime would be willing to significantly deepen economic cooperation with China, especially given what is happening in Xinjiang (ideological and religious difference), especially the Taliban and Al-Qaeda have a track record to training Uighur militants to carry out bombings in China?
New US rules restricting Chinese IT to impact 4.5m companies
The rules affect all private-sector companies operating in the U.S., not just those that work with the government. Three-quarters of the roughly 6 million companies in the U.S. use foreign technology, the Commerce Department estimates, including the American branches of overseas businesses.Wow this is very big. What are the spineless Chinese doing?
Will they finally ban US tech? Enough of all this "but we cant ban US tech, muh profit margins"
US tech makes bank in China. As far as I am aware, China has never actually banned any US tech company for economic reasons, only because they are afraid of political speech on the platform. For example, Google Chrome is still very popular in China, and Windows 7 runs on a lot of Chinese computers.
China needs to deeply study why import substitution industrialization failed for many countries during the Cold War. IMO the reason was poor institutions and insufficient market innovation. China's challenge is to remain competitive in a more segregated tech world in the future.
Doesn't seem too smart to ban tech that you have no modern equivalent to for the next 5 years.
Yep. China is useless on importing foreign tech. They drank the globalisation kool-aid so much that they are now caught with their pants down.
The US has already started with "banning" all Chinese IT companies ("require government license" lol, ban hammer is coming in a few years).
Can China do the same? I doubt it. Because of the kool-aid, they have embedded US tech on all aspects of their economy. Good luck trying to remove it now.
IMO, China should answer this by doing the same and also by forbidding Chinese companies from using American cloud service providers. The USA makes a bank from that and I think it exposes a lot of Chinese industrial secrets to the US intelligence agencies. These would be a great answer to the recent US moves.
The problem is that US has been embedded too much into the Chinese industry.
Even if China wanted to do that the industries would be forced to continue using Western tech because they drank the globalisation kool-aid and the Chinese domestic tech IP producers were crushed
Having to go through a bureaucratic process every time they buy something from the USA would probably make them feel the heat. You cannot ban US tech outright as China uses a lot of it. But you can gradually make it harder to use it. For example in the next escalation in tech decoupling, China can outright tariff US-tech. At a further decoupling attempt by the USA, you can ban certain large corporations from using US-tech if there are non-American alternatives. There are a lot of options. When CPC usually something it usually tries it at smaller scales. I am sure they are experimenting with ousting the US-tech from China in some industrial clusters somewhere in China. Unlike what is reported in the Western media, China doesn't act on whims. It is exactly the opposite.
That decision (integration of American tech) was done not because the Chinese leadership swallowed, hook, line, and sinker the U.S. is all good kool-aid equivalent to globalization kumbaya or something. It was for a mutually assured destruction of both economies with the presumptions that American leadership regardless of whichever party is in power would be reigned in by the American corporate interests who will definitely LOSE TONS OF MONEY, REAL MONEY. Which will also affect American companies to further innovate since they're not going to have that much money to fund their research etc..due to the non existent potential Chinese response.
This latest attempt by the current regime of Joe Biden actually comes off like a desperate move rather than some sort of "gotcha victory." China will undoubtedly suffer but it'll also force the brains in the country to understand the urgency of their situation thus the government's proposals that were resisted both from within the government and from the business community would be f..ng muted.