Business
China wants to decouple from US tech, too – The Australian Financial Review
Two can play at wielding export controls, particularly in areas such as technology, which the world’s two biggest economies are keen to protect at any cost.
Already, emerging nations represent a larger export market for China than the US, according to Gavekal Dragonomics/Macrobond data. Beijings Belt and Road Initiative and its trade-based diplomacy in places such as Africa and the Middle East, combined with the rise of the digital yuan, will make it ever easier for China to increase its exports to places other than the US.
The Trump administration has tried to offset these efforts by denying Huawei the US-made chips and software it requires for it…
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