“Inappropriate” is how Chinese vice commerce minister Wang Shouwen describes the United States’ move on Chinese firms.
As of today, the U.S. Commerce Department has tossed up 5 tech companies on their entity list. This list contains companies that the US government prohibits from buying various parts from US companies.
Entity List
One of the most notable firms in this entity list of the US is Chinese telecom and smartphone giant Huawei. The U.S. government has long been concerned about the company’s ability to spy on other companies and countries. Now, even Chinese supercomputing firms are caught in the hunt.
With these series of actions, the issues of free trade and principles of the World Trade Organization have been raised. As a response, the Chinese government has sent a diplomatic message saying that removing these companies from the entity list will be good for both countries.
Meanwhile, many take these crackdowns as a mere pretext to halt the rising tech influence of China in the globe. But even with Chinese tech firms on US crosshairs, officials assure that it will not affect US President Trump and Chinese President Xi Jinping’s anticipated meeting at the upcoming G-20 Summit in Japan later this month.
This series of actions gives us a glimpse of what happens when two economic giants are brushing up with each other.
How long can the spirit of diplomacy last in this highly sensitive issue of crackdowns?
This whole issue is not really about the U.S. Commerce Department or even the Chinese tech firms, it is still about the world’s top two superpowers.
Will this issue affect these two nations’ stand on current issues? Moreover, will they take more “inappropriate” actions? Because whatever these two nations decide to make, will certainly affect the world.
