123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Writing >> View Article

More Than A Trade War

Profile Picture
By Author: Jill Clevenger
Total Articles: 45
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Just when the US and China had agreed to meet each other halfway in their trade war, one that had pulled the world market down by a few notches, the arrest of the Huawei heiress over violating US sanctions on Iran has brought two of the world's biggest economies at flashpoint yet again. Meng Wanzhou, the chief financial officer and also the daughter of Huawei's founder, one who is being groomed to take over, was picked up in Canada and is being extradited to the US in perhaps a token show of US arm twisting. Meng will probably even be let off on Monday but not after a weekend of diplomatic to and fro. Huawei is being targeted for riling the US more than once. First, it had been desperately trying to enter the US market as a competitor to AT&T, then there was the issue of filching patented technology of Cisco and finally there was the matter of insulting the efficacy of US pride, Apple's iPhone.

Somewhere along the way there were reports that the Russians and Chinese were snooping on US President Donald Trump's cell phone conversations. And though Trump dismissed these as fake news, saying he never spoke on his iPhone or any cell phone for that matter, Huawei provocatively baited him publicly by saying the US President should then be using the hack-proof Huawei phone instead. As one of the largest telecommunications equipment and services providers in the world, recently surpassing Apple to become the second-biggest smartphone maker after Samsung, this bit was certainly about muscle-flexing. It was this arrogance that ultimately cost the company, which has now been charged with using a subsidiary called Skycom to evade sanctions on Iran between 2009 and 2014. Ms Meng, who has reportedly risen from the ranks and is expected to become one of the world's top businesswomen, faces up to 30 years in prison, at least notionally. But the Chinese do not take kindly to mistreatment of their hierarchical icons Huawei being a matter of national pride and so is expected to hit back by taking high-value US tech executives working on its soil as hostage. US companies are already preparing travel advisories and gearing up for hitbacks.

The ego-driven arrest is now certain to snap the 90-day truce agreed by both parties, which is an economic imperative. But with US becoming the largest producer of crude this year and tomtomming it as an example of 'Amercia First,' it is using the Huawei case as a bargaining tool to get its way in trade negotiations. However, there are larger implications for the tech economy as a whole. Most Western governments fear that China will score in fifth-generation (5G) mobile and other communications networks through Huawei. Nobody seems to have bought the company's disclaimer that there is no government control over it. Everybody sees it as a conduit for the backdoor takeover of the digital realm. Japan is contemplating a ban on government use of products made by Huawei and ZTE over cyber security concerns and New Zealand and Australia have already blocked Huawei. China is already the world's biggest spender on scientific research after the US and is expected to overtake it in AI deployment. Chinese scientists produce more research papers than those in the US. It is China's tech muscle that is really scaring the world.

More than a trade war - the us are using the arrest of the Huawei heiress to challenge china's tech superiority. For more infomation visit: https://www.dailypioneer.com/world/page/1

Total Views: 143Word Count: 582See All articles From Author

Add Comment

Writing Articles

1. The Do’s And Don’ts Of Writing A Self-help Book
Author: Georgia Wilson

2. Are You Looking For Cdr Writers In India? Get Your Desired Assistance From Us!
Author: Luke Walker

3. Cv Writing | Cv Writing Services
Author: Setmycv

4. The Keys To Writing Your First Romance Novel
Author: Georgia Wilson

5. Structure For Writing A Scientific Research Proposal In Biotechnology - Pubrica
Author: pubrica

6. Making Sure, Every Essay Of Yours Is Exceptional!
Author: Roy Hudson

7. Reason For B.tech Back Paper
Author: Er Aniket Choudhary

8. Thank You Letter
Author: Setmyresume

9. How To Develop And Evaluate A Pro Instrument? - Pubrica
Author: pubrica

10. The Rising Trend Of Short Professional Bio Writing | Setmyresume
Author: Setmyresume

11. Ways To Make Sure, Your Writing Gets Impressive And Effective With Time.
Author: Roy Hudson

12. Linkedin Profile | Linkedin Profile Writing | Resume On Linkedin | Linkedin Account
Author: SetmyResume

13. Thinking Of Canada Immigration? Know How The Immigration Points Calculator Works In 2020
Author: AptechGlobal

14. Competency In Regulatory Writing- Skills To Enhance – Pubrica
Author: Mathew

15. Use Of Ietms For Navy Air Force Defence
Author: Code and Pixels

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: