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China Push to End Reliance on US Tech at Trade Fight’s Core
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moncler outlet Share on Facebook Tweet Share Share Email Reddit moncler outlet sale CommentChina remains heavily reliant on technologies from the West China assembles 90 percent of world’s smartphones, computers But most of the revenue flows to US companies that supply moncler jackets outlet chips moncler outlet
Fears that China is threatening US leadership in robots, electric cars and other advanced technologies are pushing the world’s two biggest economies toward a full blown trade war as the two sides prepare to impose tariffs Friday on billions of dollars’ worth of each other’s cheap moncler coats products.
cheap moncler In fact, China remains heavily reliant on technologies from the West. cheap moncler
moncler outlet online moncler outlet jackets Tech giant ZTE Corp.’s near death experience after Washington barred it from cheap moncler buying moncler outlet store US components was a stark reminder that China’s industry leaders cannot function without American technology. moncler outlet online
cheap moncler jackets ZTE’s chairman warned that the ban imposed in moncler jacket sale April over its exports to Iran and North Korea might destroy China’s No. 2 maker of network gear. To regain access, the company agreed to a $1 billion (roughly Rs. 6,800 crores) fine and to replace its executive team. cheap moncler jackets
ZTE is far from alone. China assembles some 90 percent of the world’s smartphones, computers and other electronics. But most of the revenue flows to American companies that supply computer chips and other technology. technology from jetliners to drugs to software.
What Washington welcomes as a source of well paid jobs, Chinese leaders consider a dangerous dependence. They are trying to wean China off foreign technology by pouring billions of dollars into developing their own innovators.
cheap moncler sale Despite the threat from President Donald Trump of tariff hikes on up to $450 billion (roughly Rs. 31 lakh crores) of Chinese goods, Beijing shows no sign it will scale back plans it sees as a path to prosperity and global influence. cheap moncler sale
“Self reliance is the base of the struggle for the Chinese nation to stand among the peoples of the world,” said President Xi Jinping in a speech in March to members of the Chinese Academy of Sciences and Chinese Academy of Engineering.
moncler outlet sale Xi called for “disruptive innovations” in leading technologies, according to the official Xinhua News Agency. moncler outlet sale
“Independent innovation is the only way for us to ascend the world’s technological pinnacle,” it quoted Xi as saying.
moncler mens jackets A key Chinese weakness is in semiconductors, used in everything from smartphones to cars, according to industry analysts. Even after decades of government backed programs to nurture such knowhow, high costs and research challenges mean China still needs years to create its own. moncler mens jackets
“I don’t think there is a lot of progress,” said Nikhil Batra, who follows the telecom equipment industry for IDC.
Trade data suggest China imported as much as $26 billion (roughly Rs. 1.8 lakh crores) worth of integrated circuits last year, according to Kenny Liew of BMI Research.
cheap moncler outlet China has produced success stories including Huawei Technologies, the biggest global seller of moncler factory outlet switching gear for phone companies and the No. 3 smartphone brand. cheap moncler outlet
moncler sale Still, such successes are rare. While Chinese companies are prolific patent applicants, researchers caution many are for minor improvements or “me too” imitations. moncler sale
moncler outlet store The array of areas where Chinese companies lag is highlighted moncler outlet online by Beijing’s cheap moncler jackets sale own development plans. They call for Moncler Outlet state led development in fields from energy and robotics to artificial intelligence and biotechnology. moncler outlet store
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Chinese leaders say Washington wants to “contain a rising China” but fail to see how damaging Western governments consider their tactics to be, said Scott Kennedy of the Center for Strategic and International Studies in Washington.
“My sense is this is hard for the Chinese to recognize because it would moncler sale outlet require them to admit that their industrial policies moncler sale are not the ‘win win’ package they claim to offer,” said Kennedy in an email.
buy moncler jackets Chinese leaders are especially uneasy about relying on foreign technology to keep the nation’s secrets buy moncler jackets.