What the Huawei battle tells us about US-China relations
Beijing, of course, sees something different going on - a developing campaign to contain China's rise. And it may be right.
It is a truism that the West has taken for granted for more than two centuries, but the development of market capitalism and the military revolutions of the 17th Century were inter-linked. It was commercial and economic power that enabled the technology for military innovation, and this, in turn, facilitated the sea-borne empires of the 17th and 18th centuries and the steam-driven empires of the 19th.
The rivalry between Washington and Moscow during the Cold War years is instructive. Not because it is a parallel for today's growing tensions between the US and China, but rather because of how different it was. There was simply no equivalent to the current economic rivalry. China is an entirely different matter. Its huge economy and manufacturing base are hard-wired into the international economic system. It is probably a bit late to try to shut Beijing out of key sectors of economic activity. The pace of China's rise is almost unique. Some ten years ago the US economy was still three times the size of that of China. No longer.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US firms fear 'retaliation' against Huawei curbsA top lobby group says US firms in China are worried about Beijing's response to curbs on Huawei.
Read more »
Huawei boss admits he buys iPhones for his family'One can't narrowly think love for Huawei should mean loving Huawei phones'
Read more »
Trade war: China vows to 'fight to the end' as Panasonic ditches Huawei - business liveRolling coverage of the latest economic and financial news, as tensions between Beijing and Washington escalate
Read more »
China warns UK against Huawei 5G banA top Chinese diplomat tells the BBC there could be 'substantial' repercussions if the UK bars Huawei.
Read more »
US ban on Huawei a ‘cynically timed’ blow in escalating trade war, says firmTop executive says dispute is about trade, not security, after Trump issued order aimed at cutting off firm from US supplies
Read more »
'There will be conflict': Huawei founder says US underestimates company's strengthFounder Ren Zhengfei says 5G plans will be unaffected and suggests US leaders have miscalculated
Read more »
US 'underestimates' Huawei, founder saysA dispute over Huawei has escalated with implications for the firm, the tech sector and consumers.
Read more »
US hands Huawei and Google last minute lifeline amid fears users' phones will no longer workGoogle will continue to work with Huawei after the US government handed the technology companies a temporary reprieve from trade restrictions that threatened to cripple millions of smartphones in Britain.
Read more »
Conspiracy theorists say Huawei phone's 50x 'spy camera' is REAL reason for banCONSPIRACY theorists are claiming the real reason for the US ban on Huawei is the astonishing 50X zoom of its mobile phones. The company was slapped with a US trade ban last week amid fears it coul…
Read more »
Trump says Huawei could be part of trade dealHuawei could feature in a US-China trade pact despite being 'very dangerous', says the US president.
Read more »
Huawei owners are rushing to trade in their phones after the Android ban, despite Google assurancesThe blacklisting stems from US fears that China is using Huawei smartphones and tablets to spy on people
Read more »