Business Daily US Elections: The view from Beijing
Sep 14, 2020
Tech analyst Dan Wang, China analyst Rui Zhong, and former adviser Daniel Russel discuss the impact of US elections on China. They highlight Huawei's struggles, Beijing's focus on domestic priorities, and the potential global power shift. The podcast explores contrasting views on US-China relations, challenges faced by Chinese tech companies, and the implications of the election on Huawei's future.
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Huawei Faces Production Collapse
- US sanctions severely limit Huawei's access to US semiconductor technology, risking its smartphone and network equipment production.
- If enforced strongly, Huawei may vanish from consumer markets and network infrastructure soon.
Biden vs Trump on China Strategy
- Biden aims to out-compete China internationally through alliances and multilateral institutions.
- Trump focuses on isolationism, building walls and blaming others for US issues.
China's Steady Domestic Focus
- China's priority remains internal stability and the Chinese Communist Party's political survival regardless of the US election outcome.
- Beijing focuses on indigenous innovation and consolidating Xi Jinping's power.