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Silicon Valley’s loss will be China’s gain
This is where the trade war meets the tech war.
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It’s impossible for Silicon Valley to fight a trade war and a win a tech war at the same time.
PHOTO: AFP
Catherine Thorbecke
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There are no winners from a prolonged trade war. But if this drags on, US President Donald Trump could see China’s tech sector weather the blows much better than Silicon Valley.
While US companies are working to navigate the multilateral tariff battle instigated by Washington, Beijing will no doubt seize the opportunity to gain an edge in key technologies such as artificial intelligence, and end up setting global standards for its use.
