Trump’s Throttling of Huawei Could Backfire on U.S. Tech China Daily 2019-05-27 Companies like General Electric Co., Alphabet Inc. and Microsoft Corp. are worried that export controls being considered by Washington, related to technologies seen as essential to competitiveness, could actually impede them from competing in lucrative markets, while reducing America's capacity to innovate. In a written submission to the Department of Commerce, Microsoft warned that the proposed restrictions risked isolating the US from international research collaborations and "could thwart US interests." Intel, Qualcomm, Xilinx and Broadcom have said they will cut off supplies to Huawei until further notice, according to people familiar with their actions. While their move hamstrings Huawei, it also means the companies will lose revenue. The Trump administration widened its dragnet this week on Chinese companies barred from selling to the US or buying components from American firms in a push to slow China's technological advances. After crippling Huawei Technologies Co., China's biggest telecommunications company, the administration followed up by threatening to cut off US components or software to five Chinese video surveillance firms. But the plan might backfire, because US companies are so inextricably involved in the global technology supply chain. Concerns over Washington's punitive measures and possible retaliation by the Chinese rattled markets throughout the week, hammering chipmakers and Apple Inc. "With its strong institutions, the US has long been an assuring force in the global supply chain." If supply chains can be arbitrarily interrupted and that trust disappears, countries will start to develop individual systems and the result will be inferior and more expensive. "The more that we continually conflate economic warfare with national security interests, then we start to look at everything as national security," said Evanna Hu, CEO of Omelas, a security software firm based in Washington. "When you have a hammer, everything looks like a nail." Huawei is already the biggest provider of 4G networking and its gear is key to rolling out 5G networks in China, the biggest market for smartphones that will connect to it. US companies are keen to tap into that pool, with its hundreds of millions of subscribers. It's 5G that embodies most of Washington's fears -- by powering a wealth of upcoming technologies from self-driving cars to advanced medical procedures, the new wireless standard is set to be the backbone of the modern economy.
Until recently, it seemed like Huawei, the world's biggest purveyor of communications networking gear and the second-largest smartphone maker, was leading in supplying that infrastructure. Washington's efforts to contain the world's second-largest economy accelerated about three years ago when Beijing first codified a broad ambition to take the lead in future technologies through its Made in China 2025 industrial policy. Coupled with a formal plan to dominate artificial intelligence by 2030, the plans showed the country's willingness to funnel billions of dollars into scientific research -- a goal that spooked Washington bureaucrats worried that private US. enterprise and the military would be left in the dust. By cutting off the Chinese tech giant, the US will only slow the expansion of 5G. That's bad news for some of the most important US companies, particularly component makers, that were banking on it for a major surge in orders starting this year. Without China's 5G network, consumers there won't buy new phones that contain chips from Qualcomm Inc. and Micron Technology Inc. They won't generate data that need to be crunched by processors made by Intel Corp., Nvidia Corp. and Advanced Micro Devices Inc. And there'll be no need for faster networking gear powered by chips from Broadcom Inc. and Xilinx Inc. Apple could lose nearly a third of its profit if China retaliated by banning its products, Goldman Sachs analysts estimated this week. Dan Ives, an analyst at Wedbush Securities, said 3% to 5% of iPhone sales in China may disappear over the next 12 to 18 months because of the US ban on Huawei. "This is wrong behavior, so there will be a necessary response," Zhang Ming, China's envoy to the EU said in an interview in Brussels. He added that China would "make the best possible effort to defend the legitimate right and interests of Chinese companies" and urged Washington "not to go further down the wrong path, to avoid further disturbances to China-US relations." 1. What does the word “hamstring” in paragraph 3 mean?
A: a kind of string
B: makesomebody very difficult to take any action
C: one of the tendons at the back of the knee
D: a tendon behind the middle joint
Until recently, it seemed like Huawei, the world's biggest purveyor of communications networking gear and the second-largest smartphone maker, was leading in supplying that infrastructure. Washington's efforts to contain the world's second-largest economy accelerated about three years ago when Beijing first codified a broad ambition to take the lead in future technologies through its Made in China 2025 industrial policy. Coupled with a formal plan to dominate artificial intelligence by 2030, the plans showed the country's willingness to funnel billions of dollars into scientific research -- a goal that spooked Washington bureaucrats worried that private US. enterprise and the military would be left in the dust. By cutting off the Chinese tech giant, the US will only slow the expansion of 5G. That's bad news for some of the most important US companies, particularly component makers, that were banking on it for a major surge in orders starting this year. Without China's 5G network, consumers there won't buy new phones that contain chips from Qualcomm Inc. and Micron Technology Inc. They won't generate data that need to be crunched by processors made by Intel Corp., Nvidia Corp. and Advanced Micro Devices Inc. And there'll be no need for faster networking gear powered by chips from Broadcom Inc. and Xilinx Inc. Apple could lose nearly a third of its profit if China retaliated by banning its products, Goldman Sachs analysts estimated this week. Dan Ives, an analyst at Wedbush Securities, said 3% to 5% of iPhone sales in China may disappear over the next 12 to 18 months because of the US ban on Huawei. "This is wrong behavior, so there will be a necessary response," Zhang Ming, China's envoy to the EU said in an interview in Brussels. He added that China would "make the best possible effort to defend the legitimate right and interests of Chinese companies" and urged Washington "not to go further down the wrong path, to avoid further disturbances to China-US relations." 1. What does the word “hamstring” in paragraph 3 mean?
A: a kind of string
B: makesomebody very difficult to take any action
C: one of the tendons at the back of the knee
D: a tendon behind the middle joint
举一反三
- Huawei, a Chinese firm, received 5 million US dollars from its sales in the US and deposited them into BoA (a US bank). A: China's nancial account gets a positive entry of 5 million. B: China's nancial account gets a negative entry of 5 million. C: China's nancial account does not change. D: It is not clear how the nancial account of China would change.
- There is Chinese food in the US , but it’s not nearly as good as the food in China !
- China is the world’s largest exporter, and most of its economic growth come from rising trade.
- The following news will be played TWICE. Fill in the blanks below with the EXACT WORDS or NUMBERS you hear from the news. Write your answers on the answer sheet. There is only ONE WORD or NUMBER for each blank."I went into a Burger King with my son. And I saw this. I think it's a ZHU, zhu zhu pet. Yes. ZHU.ZHU and recognized that that is Chinese. " For some Americans, the word China elicits fear, recognizing China's rise means recognizing America's decline. "So now we are getting, not our toys and our things in our little “Happy Meals”, which should be ______ , they are so dangerous. Not just our toys in the bag made in China but the image and everything else. The culture coming from China."For others, China elicits feelings of ______ . According to the Pew Research Center, 47 percent of Americans think China's the world's leading economic power, while only 31 percent think America is. That's certainly the opinion among students at Millinocket School in Maine which will welcome paying Chinese students to close its ______ gap next year."I think the Chinese are gonna be (in) total shock. I think of it high tech, way more advanced than us, like 10 times more money and like a better society. And then you look at us, and we are like poor and have nothing."As Hu Jintao tours the US capital, American officials are eager to ______ fears about what a rising China could mean for the world's only superpower. Still some analysts say the US should be focusing on what it can learn from China rather than merely ______ it. "China knows how to develop. They are doing it. We are spending, borrowing and consuming rather than saving and investing for the future."A ______ echoed by many we spoke to. "There is a lot to learn in terms of productivity, organizational resources and also having a culture that values hard work more than our own. ""I think that China developed their economy and shared some of the wealth with the folks."Economically, politically, militarily, China is on the rise. And while the US put education on the ______ block this year, China invested four percent of its GDP in primary and secondary schools in poor rural areas. Chinese universities are mushrooming all across the country and increasingly attracting ______ foreign professors and even American students like Philadelphia native, Zachary Franklin."It seemed just a better decision to be in a country learning about economics where so much is happening economically."Getting a Master's in Shanghai doesn't mean crippling student loans."Chinese students themselves are not paying ______ amounts of money for an education in this country."China is also speeding ahead in high-speed rail lines, in massive infrastructure. Chinese officials say they will complete the first eco-city by 2020 which will be home to 350,000. As US lawmakers ______ for years over who will foot the bill for every high speed rail link, bridge or metro expansion. "America used to have those dreams too. We built the whole inter-state highway system. We built gigantic infrastructure projects in the US in our history.""They are certainly more unified as a people. They are moving in a positive certain direction. I wish we could say the same."President Obama has plenty to put on the table as he hosts his Chinese counterpart at the first US-China state dinner. But will the White House be equally eager to learn from its guests? Katelyn Ford, RT, Washington D.C.
- 中国政府已经公布计划，到 2030 年在人工智能领域要引领世界。 A: China's government has revealed its plan to leading the world in AI by 2030. B: China's government has revealed its plan to lead the world in AI by 2030. C: China's government have reveal its plan to lead the world in AI by 2030. D: China's government has revealed its plan lead the world on AI in 2030.