shareholdersunite.com

Opportunities in smallcaps

shareholdersunite.com header image 2

Another Own Goal?

April 18th, 2018 · No Comments

  • The trade tensions between the US and China are heating up.
  • Much of the US focus is on Chinese efforts to expand in high-tech industries in general and optical networking industries in particular.
  • Hence, the US is putting sand in the wheels of the expansion of important Chinese companies like ZTE and Huawei.
  • But these policies risk accelerating Chinese efforts to become more independent of US suppliers and technology, which are already underway.
  • Given the country’s resources and available engineers, it is difficult for the US to thwart Chinese ambitions in high-tech in general.

Source: Another Own Goal? | Seeking Alpha

Tags: Economic Policy · Economy