The Huawei stand at the Mobile Expo in Bangkok on May 31. The US has had mixed results in getting partner countries to blacklist Huawei, as this would leave them without the 5G technology the Chinese company offers. Photo: Reuters

Opinion

Macroscope by Aidan Yao

Trade war? No, the US and China are vying for technological supremacy, and the markets are catching on

The US implemented tariffs because it sees China as its long-term rival for technological supremacy. This not only means ongoing restrictions on companies like Huawei, but a stark global realignment

Aidan Yao

Published: 1:00am, 6 Jun, 2019

Updated: 3:50am, 6 Jun, 2019

The Huawei stand at the Mobile Expo in Bangkok on May 31. The US has had mixed results in getting partner countries to blacklist Huawei, as this would leave them without the 5G technology the Chinese company offers. Photo: Reuters

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Aidan Yao

Aidan Yao is senior emerging Asia economist at AXA Investment Managers. Prior to joining AXA IM, he was a senior financial market analyst at the Hong Kong Monetary Authority for two years. He started his career at the Reserve Bank of New Zealand in 2007, serving as an economist and later senior financial market analyst until late 2011. He holds a master degree in finance (2006) and a bachelor degree in economics and finance (2005) from the University of Otago (NZ). He is also a chartered financial analyst.