POLITICO Tech U.S. vs. China: Japan’s big tech investor picks a side
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Jan 29, 2025 Lionel Barber, former Financial Times editor and author of "Gambling Man," dives into the intriguing world of Masayoshi Son, chairman of SoftBank. Barber discusses Son's pivotal role in tech investments and his surprising alignment with Trump's administration. The conversation reveals the geopolitics of U.S.-China relations, highlighting how Son's strategic moves in the tech landscape signify a broader narrative of economic competition. From hefty investment pledges to humorous interactions with Trump, this discussion uncovers the intricate blend of politics and tech.
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Son and Trump: The Comeback Kids
- Masayoshi Son, like Trump, is a comeback kid, having been written off multiple times yet rebounding.
- In 2016, after securing a meeting with Trump through intermediaries, Son pledged $50 billion, mirroring his recent promises.
Son's Pivot to the U.S.
- Masayoshi Son, historically bridging East and West through investments, now favors the U.S.
- This choice stems from pressure from the previous Trump administration regarding his Chinese investments.
A Hair-Raising Encounter
- In a 2016 meeting, Trump showed Son how to comb his hair for the cameras, despite Son's balding head.
- The meeting, facilitated by Sheldon Adelson and Steve Schwarzman, aimed to address a stalled T-Mobile-Sprint merger.
