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In attacking Huawei on all fronts, they have shown they are not above trying to cut China's fast-sprint legs to the stumps. If they have no malice, why try to do that? Why kidnap a financial officer originating from one country and on transit from another to a third when all three countries have nothing to do with an argument between two other countries, one of which trying to snuff the life out of the other? Ah, it's because the financial officer is working in Huawei, China's best-of-breed innovator of technology. But how can that be? If China has not said anything to diminish the US' own blueprints for its national technological competitiveness in the same areas, who gives the US any right to do so against China2025 which only embodies China's aspirations to contribute to world technological advancement? Did China ever tell the US to stop it in much the same way the US has told China to stop it failing which see what we are going to do to you?
Frankly, this is not going to end well. And it is a sign of the US' weakness in not thinking things through more thoroughly first that the world has come to this stage this late. Sorry, i am not sanguine of the final result on March 2nd. Because Trump has toxified and activated the worst in American foreign policy released from the arteries of its white supremacist distortions that have irresponsibly and irredeemably lensed China as an existential threat to the US yet without answering cogently how the US and China will need to coexist after parting ways while still living as neighbours on this small planet. If the US is trying to diminish China's prowess in technology so that it can sell more of its technologies to China's citizens, will they even deign to buy any after the decoupling? Or is the US satisfied to sell the remnants of what it makes in its new technologies only to the UK, Canada, Germany, Poland, Japan and Australia?
So... first outcome: not likely because the cancer has metatasized into the US congress. Second outcome: it depends. China can too start a drama to that started by Trump. Somewhere in the big country, one may even find a Bannon, Navarro, Bolton, Rubia, Kutlow, Lighthizer, Mnuchin, Pillsbury, et al, and that particular backroom strategist, the architect of it all. Not that China would wish for such a performance if it can help it. But let the world see if the US is man enough to take a dose of its own medicine. And third outcome: please...just...do if all indications from the US is that it will not reset to ground zero the original situation again - tariff and cfius (besides One-China, SCS etc). As one may also take a leaf out of American military history at Remagen, the reply to the US should it try to be funny on sovereign self-determination of other countries shall be "Nuts".
Meanwhile, China's innovators must continue to productivize for the world; the trade depression is but a small part of her GDP activities although crowbarred by the US attempts at decoupling, marginalizing and isolating which have also affected its own interests besides those of its socalled allies and the rest of the planet.
High technology may now be the new platform of contention but it is facing chip-making problems in the limits of wafer fabrication as returns form higher Moore Law compressions become increasingly marginal when measured against investments needed. Even if chip makers stretch their advanced process control mechanisms to the hilt, there will come a time what can be achieved by linear parallelism will mean extra costs and thus more heavily loaded prices.
Given the success of quantum theory in explaining physical behavior at the subatomic levels despite its exotic and esoteric interpretations, quantum computing could one day be used to design and make quantum chips that use their ghostly qubits q which on/off spin to create [2 to the power of q] values open to computation through combinations of q-spins to create the logic gates which in turn combine to create the algorithms. So let the slimeballs continue their self-delusion in their chip monopoly for 5G. Huawei and others can start a lab to look deeply into quantum chips for terrahertz 6G, a starkly new innovation space currently being probed in but a few places.
When it comes to (1) scaling up research and investments, (2) designing-for-the-mass-consumer, (3) total mass-production, (4) integrated quality control, (5) speed-to-market, (6) next-generation innovation, and (7) instant and viral mass market acceptance, China has no peers as seen in recent years. In fact, she is just warming up.