5 ms·
The US is in a tricky position, China gets the best of both worlds, they buy in US goods when they're better and they build their own when they can. That's an a
by SilverBirch 3y ago
The US is in a tricky position, China gets the best of both worlds, they buy in US goods when they're better and they build their own when they can. That's an asymmetric advantage China has - since the US doesn't want to buy in Chinese equipment when it's better due to national security concerns. So the US has moved to change that - they'd rather decouple than allow China to more easily reach parity. Yes in the long term this forces China into full self-dependence, but the US has to back itself - does it think it can out-innovate China? You better hope so.
- RetroTechie 3y agoThis could be a downer for would-be US entrepreneurs. Would you start a company there if you can't export product to China? Or import from there because reasons? Whatever your opinion, CN is a big market. Unlikely to turn the overall situation around, I think. But just might tilt the playing field a little bit in favor of say, India or the EU.
- raincom 3y agoWhat if US entrepreneurs think that china market is not profitable in the long run, as their core tech gets replicated by Chinese?