Use the word "patriotic" like the Americans do. "Nationalism" has a negative connotation to it
ARM cuts ties with Huawei, threatening future chip designs
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Use the word "patriotic" like the Americans do. "Nationalism" has a negative connotation to it
Hahahaha, I know where this comes from. Nah, I will pass. I am sticking with Nationalistic. This might seem too right wing to Westerners, but to be truthful, you simply can not ignore the deep ethnocentric undertone in the Chinese psyche and the Chinese identity. I will be truthful and sincere, without masking the truth even if it looks ugly in the eyes of others.
China is NOT the USA, it is not a melting pot of universal values, based on western civilization, but free for all individuals on earth. China is Chinese! Before it became "Chinese", China is Han.
Exactly, how i read it too. Put it in layman's term.
If one is employed and gets paid $30,000 per year, when faced with economic headwind. You will lose you job and get nothing! That would be game, set and match.
But sometimes, if the economic headwind is strong, but not that strong, the boss might decide to keep you on, but no pay rise for next two years.
So you're not happy, but it also certainly not a disaster!
Jura The idiot
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I feel like último hombre de pie after this:
Hendrik_2000
Lieutenant General
An excellent op ed from Fred Hu
In trade and tech, the US can do better than throwing a tantrum over losing to an upstart China
Accusations of China cheating while overlooking its massive investments in innovation only makes the US look like a bullying, hectoring superpower nation behaving with ill grace at the slightest whiff of competition
Fred Hu
Published: 1:00am, 17 Jun, 2019
At the 2018 US Open women’s singles final, America’s Serena Williams threw a tantrum while under intense pressure from a hitherto unknown player, Naomi Osaka of Japan. After being warned for a code violation, Williams angrily accused the chair umpire of being “a thief” and “a cheat”, smashed her racket on the court, and protested that the game was “unfair”. She eventually lost the match to Osaka, but more devastating than losing the title, her appalling behaviour tarnished the sport’s image and her own reputation, and disappointed many fans, including me.
Just as disturbing were the boos from the crowd during the trophy ceremony, and the US Tennis Association statement congratulating Williams for her “class and sportsmanship”, despite the obvious fact that there was precious little of either on display.
How could a young player from a country that has never produced a singles Grand Slam champion beat the mighty Serena, who has won 23 Grand Slams and dominated women’s tennis for nearly two decades? It seemed to Williams there was no way she could have lost to an obscure upstart except for the umpire’s bias.
In the stand-off over trade and technology between the United States and China, Washington’s attitude and actions in many ways mirror Williams’. How is it possible for a poor country such as China to outcompete the mighty America in trade, stacking up US$323 billion in annual trade surplus against it? How could a long-time tech laggard, a despicable copycat, nurture any significant technological companies, not to mention a 5G leader in Huawei? To American hawks, the answer is obvious: China cheats. China competes unfairly. China steals US technologies.
To be sure, the US has legitimate concerns and well-justified complaints against China. China should have implemented more structural reforms, reduced the pervasive role of the state in the economy, liberalised its industries and markets, more robustly protected intellectual property rights, and levelled the playing field for foreign investors. Instead, China squandered the opportunity to reform its markets, leading to its inevitable confrontation with the US.
But by making sweeping, unqualified accusations that China cheated its way to success, America’s trade hawks ignore the crucial facts of China’s disciplined, hardworking and skilled workforce, thrifty households, impressive infrastructure, and the efficient manufacturing and supply chains that made China globally competitive in the first place.
It is true that, China, like other latecomers, initially copied technologies from advanced countries. But over the recent decades, China has devoted massive resources to education in STEM (science, technology, engineering and mathematics), and to innovation. While America spent trillions of dollars in the Afghan and Iraqi wars, China has spent over US$4 trillion on research and development since 2000, narrowing its technology gap with advanced countries. China has, slowly but surely, emerged as a nation of innovators. It now tops the world in patent filings, having eclipsed the US since 2011.
Many in America take it as an article of faith that the US should be the top dog in everything, as it has been over the past century. It is a rude awakening that China has, unexpectedly, emerged as a potential challenger, in manufacturing, solar panels, mobile internet and, God forbid, 5G.
Psychologically it is difficult for Americans to acknowledge China’s Herculean effort and progress in painstakingly building up its education system and indigenous innovation capabilities. They refuse to believe China could succeed in the same way America has, by embracing risk-taking, entrepreneurship and innovation. The default assumption is that China cheated its way to winning.
Most bizarre is Washington’s ruthless campaign against Huawei on the grounds of its alleged theft of US technology, even though Huawei developed its 5G capabilities by investing vast human and financial resources. If Huawei has broken laws, as Washington claims, then take the company to court and give it a fair hearing. But Washington has declared Huawei guilty unless proven innocent, relentlessly pressured other countries to block Huawei, and mobilised every instrument at its disposal to harm Huawei. It is shocking that a sovereign nation that happens to be the world’s only superpower is bent on going after a civilian business enterprise. It begs the question: who is being unfair?
What it looks like is this: if any other country or a foreign company poses a competitive threat, real or perceived, America would crush it with brute force.
In aggressively pursuing an “America first” agenda, America has shown the world its ugliest face. Ignore Washington’s hectoring about the principles of free markets, open competition and fairness. Might is right. The US is demonstrating to the world that it would go to any lengths to strangle an emerging rival to maintain its hegemony.
Clearly, escalating tariff wars, denying Chinese tech firms’ market access and forced decoupling could hurt China and Chinese tech companies in the short run.
But it is doubtful that the US could prevent a determined nation, with its vast pool of human talent and capital, from claiming its rightful place in the world. If China falters, it will not be due to American containment. It is more likely to be due to misguided Chinese policies and politics that stifle entrepreneurship and creativity.
America is and will likely remain, for many more decades, the undisputed world leader in science and technology. But other countries, including China, could catch up, and even lead in some of the fields long dominated by America. Just as Williams lost the match to a young Japanese player, the US could find itself losing a race it has long excelled at, and not necessarily because the opponent cheated or played unfairly. It is incumbent on America to show that it can be a good loser too.
As for Williams, despite failing to win more Grand Slam titles, she remains one of the greatest tennis players ever and she does – most of the time anyway – display class and sportsmanship. To me and her countless other fans the world over, she will always be a champion and a legend. Will America as a nation be able to bring out its better angels, stop the vicious rival-bashing and bullying, and restore its battered reputation and soft power?
Fred Hu is an international economist and tech investor
In trade and tech, the US can do better than throwing a tantrum over losing to an upstart China
Accusations of China cheating while overlooking its massive investments in innovation only makes the US look like a bullying, hectoring superpower nation behaving with ill grace at the slightest whiff of competition
Fred Hu
Published: 1:00am, 17 Jun, 2019
At the 2018 US Open women’s singles final, America’s Serena Williams threw a tantrum while under intense pressure from a hitherto unknown player, Naomi Osaka of Japan. After being warned for a code violation, Williams angrily accused the chair umpire of being “a thief” and “a cheat”, smashed her racket on the court, and protested that the game was “unfair”. She eventually lost the match to Osaka, but more devastating than losing the title, her appalling behaviour tarnished the sport’s image and her own reputation, and disappointed many fans, including me.
Just as disturbing were the boos from the crowd during the trophy ceremony, and the US Tennis Association statement congratulating Williams for her “class and sportsmanship”, despite the obvious fact that there was precious little of either on display.
How could a young player from a country that has never produced a singles Grand Slam champion beat the mighty Serena, who has won 23 Grand Slams and dominated women’s tennis for nearly two decades? It seemed to Williams there was no way she could have lost to an obscure upstart except for the umpire’s bias.
In the stand-off over trade and technology between the United States and China, Washington’s attitude and actions in many ways mirror Williams’. How is it possible for a poor country such as China to outcompete the mighty America in trade, stacking up US$323 billion in annual trade surplus against it? How could a long-time tech laggard, a despicable copycat, nurture any significant technological companies, not to mention a 5G leader in Huawei? To American hawks, the answer is obvious: China cheats. China competes unfairly. China steals US technologies.
To be sure, the US has legitimate concerns and well-justified complaints against China. China should have implemented more structural reforms, reduced the pervasive role of the state in the economy, liberalised its industries and markets, more robustly protected intellectual property rights, and levelled the playing field for foreign investors. Instead, China squandered the opportunity to reform its markets, leading to its inevitable confrontation with the US.
But by making sweeping, unqualified accusations that China cheated its way to success, America’s trade hawks ignore the crucial facts of China’s disciplined, hardworking and skilled workforce, thrifty households, impressive infrastructure, and the efficient manufacturing and supply chains that made China globally competitive in the first place.
It is true that, China, like other latecomers, initially copied technologies from advanced countries. But over the recent decades, China has devoted massive resources to education in STEM (science, technology, engineering and mathematics), and to innovation. While America spent trillions of dollars in the Afghan and Iraqi wars, China has spent over US$4 trillion on research and development since 2000, narrowing its technology gap with advanced countries. China has, slowly but surely, emerged as a nation of innovators. It now tops the world in patent filings, having eclipsed the US since 2011.
Many in America take it as an article of faith that the US should be the top dog in everything, as it has been over the past century. It is a rude awakening that China has, unexpectedly, emerged as a potential challenger, in manufacturing, solar panels, mobile internet and, God forbid, 5G.
Psychologically it is difficult for Americans to acknowledge China’s Herculean effort and progress in painstakingly building up its education system and indigenous innovation capabilities. They refuse to believe China could succeed in the same way America has, by embracing risk-taking, entrepreneurship and innovation. The default assumption is that China cheated its way to winning.
Most bizarre is Washington’s ruthless campaign against Huawei on the grounds of its alleged theft of US technology, even though Huawei developed its 5G capabilities by investing vast human and financial resources. If Huawei has broken laws, as Washington claims, then take the company to court and give it a fair hearing. But Washington has declared Huawei guilty unless proven innocent, relentlessly pressured other countries to block Huawei, and mobilised every instrument at its disposal to harm Huawei. It is shocking that a sovereign nation that happens to be the world’s only superpower is bent on going after a civilian business enterprise. It begs the question: who is being unfair?
What it looks like is this: if any other country or a foreign company poses a competitive threat, real or perceived, America would crush it with brute force.
In aggressively pursuing an “America first” agenda, America has shown the world its ugliest face. Ignore Washington’s hectoring about the principles of free markets, open competition and fairness. Might is right. The US is demonstrating to the world that it would go to any lengths to strangle an emerging rival to maintain its hegemony.
Clearly, escalating tariff wars, denying Chinese tech firms’ market access and forced decoupling could hurt China and Chinese tech companies in the short run.
But it is doubtful that the US could prevent a determined nation, with its vast pool of human talent and capital, from claiming its rightful place in the world. If China falters, it will not be due to American containment. It is more likely to be due to misguided Chinese policies and politics that stifle entrepreneurship and creativity.
America is and will likely remain, for many more decades, the undisputed world leader in science and technology. But other countries, including China, could catch up, and even lead in some of the fields long dominated by America. Just as Williams lost the match to a young Japanese player, the US could find itself losing a race it has long excelled at, and not necessarily because the opponent cheated or played unfairly. It is incumbent on America to show that it can be a good loser too.
As for Williams, despite failing to win more Grand Slam titles, she remains one of the greatest tennis players ever and she does – most of the time anyway – display class and sportsmanship. To me and her countless other fans the world over, she will always be a champion and a legend. Will America as a nation be able to bring out its better angels, stop the vicious rival-bashing and bullying, and restore its battered reputation and soft power?
Fred Hu is an international economist and tech investor
Jura The idiot
General
Hendrik_2000
Lieutenant General
Lost of future sale growth meaning flat income for 2 years small price to pay for independence
Compare to real lost of sale for US semiconductor like Qualcomm, Broadcomm etc
lost of growth is lost even its short term. the gap will be fill with other phone brand including oppo/vivo/samsung etc, its something huawei have to fight to take back later.
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