They should shut out all EU and US companies from greater China in return.
Chinese Economics Thread
- Thread starter Norfolk
- Start date
The issue with the Americans is that they think & firmly believe that if their China policy, or really any foreign policy fails, it is not because the end goal is unrealistic and unattainable - it is because the current or past administration is doing it wrong.
Here lies the best example of the so-called American exceptionalism - that America can and will achieve anything it wants, and if it doesn't, it's because the government is doing it wrong, but not because America is not omnipotent, because in the eyes of the likes of Pompeo and John Bolton, America IS omnipotent.
No, it is not. It is also not the sole dominating superpower that it used to be. Don't get me wrong, I'm not saying the US is no longer the world's most powerful nation - it still is - the problem is that it's no longer THAT powerful such that it can do whatever it wants and gets away with it with no damage to itself.
That era is long gone - if there had been such an era at all.
Here lies the best example of the so-called American exceptionalism - that America can and will achieve anything it wants, and if it doesn't, it's because the government is doing it wrong, but not because America is not omnipotent, because in the eyes of the likes of Pompeo and John Bolton, America IS omnipotent.
No, it is not. It is also not the sole dominating superpower that it used to be. Don't get me wrong, I'm not saying the US is no longer the world's most powerful nation - it still is - the problem is that it's no longer THAT powerful such that it can do whatever it wants and gets away with it with no damage to itself.
That era is long gone - if there had been such an era at all.
It is becoming daily, China must respond strongly
But the real question is with what kind of sanction China can hit the USA? restrict rare earths?
If China does not respond, the US will be emboldened and will see this as a sign of weakness.
With the tech anti-trust zeal currently, I think other chip players (Qualcomm, AMD, et al) will lobby the US gov to prevent the deal.
So one of the possible future strategies for Chinese tech players might be tech licensing or even joint ventures to respect data sovereignty.
Credit to this
Skywatcher
Captain
That's going to be the standard operating procedure for every international software provider in the next decade (in a neat twist, your domestic licensee/JV partner is going to shoulder most of the liability).This seems to be the way forward.
Will this affect Huawei?