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The economic war between the United States and China has changed on the technological and financial fronts

2020-09-07T15:18:48.179Z


DECRYPTION - The Trump administration is hitting hard because it knows that Beijing has much more to lose from this forced decoupling.


Huawei, TikTok, WeChat, to which is now added the threat of seizure of Chinese financial assets and funds in the United States… In the war launched by Washington against Beijing, the second and third fronts, technological and financial, are open .

The Trump administration is hitting hard, knowing that the Chinese side has much more to lose in this forced decoupling.

This strategy is working for the moment, as shown by Huawei's difficulties in sourcing microchips, or the trade war which costs Beijing much more.

According to economists, it weighed down US growth by 0.3 points against 1.6 points in China.

It may become difficult for Chinese companies to operate outside of China

Lindsay Gorman, New Technology Specialist at the Alliance to Secure Democracy, based in the United States

The truce announced by the signing of a trade agreement in January was therefore only of very short duration.

Donald Trump quickly attacked, one by one, all the Chinese technological flagships that he accuses of being in Beijing's pay and of collecting digital data from American citizens.

Thus TikTok, one of the media

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Source: lefigaro

All news articles on 2020-09-07

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