Huawei Paves the Way for a Violent Return of China
In spite of the numerous hits on China and companies like Huawei by the US, the future is smart business reorganization and disruption, not massive state-led stock bailouts, as demonstrated by China’s tech behemoths.
If ever a commercial case could be made for the futility of sanctions in the hyper-connected world of today, it would be Huawei and the astronomical success of the Mate 60 Pro smartphone it released last month.
For many years, Huawei has played a key role in US efforts to halt Chinese technological advancement. Huawei has been on Washington’s “Entity List“ since 2019, when Donald Trump was president. That effectively eliminated the Shenzhen-based startup from the smartphone market by severely restricting its access to essential technology.
Deep Dive into in Science, Technology, Engineering and Current Affairs in Geopolitical Economy.
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