America by walling itself off can’t compete with the Chinese tech industry

It’s true that the U.S.-China trade war will not end even after the election of Joe Biden. To keep outgoing President Donald Trump’s tariffs, the newly elected Biden has already promised that. Trump’s tariffs because its a sway for negotiations

But beyond the flashy, another and more crucial economic struggle being waged. This is something different from the headline-grabbing issue related to any trade deals and tariffs. 

Now, its a battle to control technology industries, and this growing technology is used in deploying some highly hazardous weapons to win it by the U.S.

The U.S has eventually functioned to maintain superiority, as China addresses technological equality compared with the U.S. this parity is made on a wide variety of high-value industries.  

Blockage of Chinese accessions from other U.S. companies was dramatically amped up by the Committee on Foreign Investment in the United States (CFIUS). And this is all under Trump. 

The fact can’t be denied that this step is said as a major way that China expropriate advanced technology on a rapid track. 

However, we know that natural security is the official explanation for this. And it would be undoubtedly an additional goal, retaining U.S. commercial preeminence. 

The Committee on Foreign Investment in the United States will have a tougher approach. And it’s been said that this will likely to continue under Biden rule. 

Apart from this, it can be said a smart move by the U.S. This because except capital Chinese acquirers have little to offer the U.S. tech industry. Moreover, it’s already awash in that where big thanks go to the continued inflow of domestic and foreign money with a very low interest rate. 

According to Export Controls, what can be said a less smart move is Donald Trump’s other big weapon and this is against the Chinese tech industry. 

This is all about America’s move as walling itself off that’s not enough to compete in the Chinese tech industry. 

Do share your views below in the comments section to let us know your views regarding this.


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