The US Fortune Magazine website published on September 18th that the effect of the trade war of China was counterproductive. The author is Ben Hiberg, the management partner of Heyu Capital Company.The full text is as follows:
The United States is trying to resist the increasingly severe challenges from China, and the world's largest two economies in the world are in a state of tattoo.The United States first prohibited from exporting chips, semiconductor manufacturing equipment and software to Chinese technology giants; recently, the White House announced an administrative order to restrict the specific fields of US capital flowing to the Chinese technology industry.
The "decourse" promoted by the United States is promoting Chinese innovation and self -sufficiency.The United States is now facing a short -term threat to losing key revenue. These income has promoted research and development and led us to lead in innovation. The United States also faces a long -term inevitable situation, that is, China will build its own semiconductor ecosystem.In the end, these actions will weaken the United States' leading position and geopolitical influence in technology.
The unilateral or long -arm jurisdiction mechanism has always failed to achieve its goals, but it has damaged the Geopolis Political Alliance in the United States.They deprive American companies' opportunities to enter the next wave of high -growth markets, and hollow out the core elements of American innovation leading position -talent, capital and raw materials.
The American chip and science law cannot subsidize the semiconductor industry of the country indefinitely. Besides, there are no other global demand foundations to replace China.Chip manufacturers in another country will inevitably sell chips to Chinese people (like historical situations), and American actions will be futile.
The global favorability that the United States has accumulated over the past decades has made a lot of interest, and the benefits have obvious differences.Like countries in Southeast Asia and Africa, countries in the Middle East do not want to be required to make a "two -choice one" decision between the United States and China's core telecommunications infrastructure.These countries hope to choose suppliers based on the objective evaluation of terms and specifications through public bidding instead of choosing American products under coercion.
In many technical vertical areas, such as affordable mobile phones and 5G infrastructure fields, the United States has no feasible technical product that can replace Chinese.
In addition, China has created excellent mobile priority technology for the "digital generation" in the fields of finance, entertainment, e -commerce and social applications.If "decourse" continues to develop according to the current trajectory, the United States may give it to China for the remaining economic influence on emerging markets and the political influence generated by it.
We must implement more enlightened technical policies. We should not at the expense of our own values and the global free economic order we have established, harm our interests.
If we can find a sustainable cooperation architecture, we must consider the benefits of the two countries and humans, rather than the "zero sum" framework that is hurt by Sino -US technology competition.The "decourse" technical ecosystem will not only hinder technological development and progress, but also cause other local risks due to parallel development and unilateral supervision.(Compiled/Shen Jian)
