“Biden, Trump will succeed in’checking Chinese technology companies’” CNBC

-Even if U.S. President-elect Joe Biden takes office next year, it is unlikely that it will overturn President Donald Trump’s policy of holding back the growth of China’s technology industry, experts told CNBC on the 29th (local time). It is predicted that the technology war between the US and China will continue during Biden’s term.

“The bullet has already left the chamber,” said Abishur Prakash, a geopolitical expert at the Canadian consulting firm CIF, in an e-mail to CNBC. President Trump has completely disrupted the continuing phenomenon between the United States and China for decades.”

“Biden-elect will succeed President Trump’s efforts to exclude Chinese companies from the world’s next-generation (5G) mobile network,” he said. However, he said, “We can’recalibrate’ areas such as blacklisting and export controls for Chinese companies and pursue innovation in our approach to mergers and acquisitions.”

“The United States doesn’t have a lot of options,” Prakash said. “We have to either let China dominate the world through technology or challenge the dominance of China.” President Trump restricted transactions between Chinese telecommunications equipment company Huawei and their own companies from May last year. did. This year, it banned the sale of semiconductors using U.S.-made equipment, software and designs to Huawei without prior approval from the U.S. government. Huawei was hit hard by selling mid- to low-end brands to evade sanctions. In addition, U.S. President Donald Trump signed an executive order banning transactions between China’s TikTok and WeChat and their parent companies and Americans. In September, SMIC, the largest semiconductor foundry company in China, was put on the blacklist for restrictions on transactions. SMIC is a company that plays a key role in China’s independent development of semiconductors. Adam Segal, senior researcher at the American Foreign Relations Association (CFR) Digital Cyber ​​Policy Director, said, “The (Biden) administration still sees technology as a major source of competition. “We will continue with some of the Trump-style approaches to stop critical technologies from migrating to China.”

“The (Biden administration) process differs in that it will be more collaborative with both the private sector and alliances and will be focused on more specific technical areas.” Biden explained that it will focus on controlling certain technologies that need to be protected for national security.

“The Biden team will clarify the areas to be controlled in the areas of promising and basic technologies,” said Paul Triolo, an analyst at Eurasia Group’s technology policy. This will include artificial intelligence (AI) and quantum computing,” he said. “The Biden team will prefer to control fewer technologies but build more walls on technologies that need to be protected.”

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