The China Factor: Leveraging Emerging Business Strategies to Compete, Grow and Win in the New Global Economy
There is no grey area when it comes to the Trump administration’s approach toward China and its major multinational tech company Huawei: Washington has declared economic war. In late May, the United States escalated its ban on Huawei by blacklisting the firm, handing it an export ban and placing it on the Bureau of Industry and Security’s “entity list".
After all, the reality is that the United States is not a significant player in the 5G infrastructure market, placing them at a long-term competitive disadvantage in telecom – and this pause in development is producing an absence from the 5G sphere that only contributes to the national security threat. Years ago, U.S. networking technology market passed on the 5G mobile infrastructure opportunity.
In Huawei’s recently updated Q1 numbers, it reported having 46 contracts with 30 countries, many of which are likely emerging countries. This is no surprise: It makes sense for emerging countries, especially those involved with China’s Belt and Road Initiative, to select Huawei as part of a bigger deal.
GlobeDebate Why does the globe go to bat for the Chinese government?
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