China has stoked its people’s hopes of using economic growth to return to national greatness and reverse national humiliation, and such dreams die hard. Photo: Reuters
Graeme Maxton
Opinion

Opinion

Graeme Maxton

The trade war shows China’s economic dream is dying. Beijing now has a choice: open up or stagnate

  • The US is demanding that China change course and, for all its growth and promises, Beijing is in no position to argue: in tech, it still lags at least 10 years behind the US and doesn’t have the depth of skills to produce its own high-end goods

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China has stoked its people’s hopes of using economic growth to return to national greatness and reverse national humiliation, and such dreams die hard. Photo: Reuters
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Illustration: Brian Wang

Chinese tech hub Shenzhen becomes key trade war battleground as US strikes at Huawei, its ‘dragon’s head’

  • As home to some of the country’s biggest exporters and tech firms, including Tencent and ZTE, few other places in China are more exposed to Washington’s tariffs
  • No company is more important to the city than Huawei, which has been hit by a range of US sanctions that could have a profound knock-on effect
Topic |   US-China tech war

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Illustration: Brian Wang
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