Charles Xu from Qiao Collective talks about the short and medium-term strategy of Huawei and China in general to deal with the US sanctions.
In the second part of the conversation on the US tech war on China, Charles Xu from Qiao Collective talks about the short and medium-term strategy of Huawei and China in general to deal with the US sanctions.
Writing in Bloomberg, Niall Ferguson, Senior Fellow at the Hoover Institution at Stanford University and named by Time magazine as one of the 100 most influential people in the world, warned that TikTok was not simply a popular Chinese-owned video app, but “Xi Jinping’s imperial panopticon,” and a “superweapon” for Chinese domination of the world. Ferguson applauded the Trump administration’s decision to force the company to sell up to an American corporation or face a complete ban within 45 days.
Chinese President Xi Jinping and US President Donald Trump in a file image. Image: Youtube
Stranger things have happened.
Everyone was expecting US President Donald Trump to go nuclear by de facto sanctioning China to death over Hong Kong. In an environment where Twitter and the President of the United States are now engaged in open warfare, the rule is that there are no rules anymore.
Regardless of the anti-Chinese hysteria of the group that imposed Western health policy responses to the Covid-19 epidemic, it demonstrated Western dependence on Chinese manufactured products. This led the Trump administration to move from a desire to rebalance trade to a military confrontation, without however resorting to war. The sabotage of the Silk Roads has officially begun.
The operation organised by the “Five Eyes” against Huawei aims exclusively to ensure that 5G technology in the West will not be controlled by a Chinese company. As a Pentagon report attests, this civilian technology is primarily used for military purposes.
This article was produced by Globetrotter, a project of the Independent Media Institute.
Everything about the trade war between the United States and China is bewildering. The world’s two largest economies entered a titanic struggle with harsh words and high tariffs, sending shudders through the global economy. Hundreds of billions of dollars of goods on either side stood before tariff walls that seemed unbreachable. Truces would come out of nowhere—as at the 2018 G20 meeting in Buenos Aires—but then they would be set aside by U.S. President Donald Trump in a stream of tweets at odd hours.
If Washington’s goal was to pressure and isolate China by targeting smartphone giant Huawei, it seems to have accomplished the exact opposite. In the process, the US has only accomplished in exposing its own growing weakness and unreliability as a trade partner amid a much wider, misguided and mismanaged “trade war.”
Amid the escalating economic war between the US and China, discussions have intensified on how Beijing might stand up to the economic power of America, especially given that the global economy is increasingly dependent on the US dollar as the main currency for international trade, and the closing of US markets could do some serious damage to China’s export-oriented companies. China’s main foreign-policy publication, the Global Times, points to three trump cards that Beijing could use to at least level the playing field in its fight with the Trump administration and cause appreciable harm to the US economy, possibly forcing its opponent to temporarily scale back its ambitions.
In the dramatic escalation of tariff escalations and trade war tensions between China and the USA, China President Xi Jinping made a well-timed visit to see the JL Mag Rare-Earth Company Ltd., a state-owned complex in Ganzhou. Though he did not openly threaten, he sent a clear psychological message to Washington that China has more weapons in its arsenal to pressure the Trump Administration. What is the nature of the China role in rare earth minerals mining and how serious is the likelihood they could weaponize it?