Raimondo recently made a loud remark against China at a forum in the United States, calling on the United States to strengthen export controls on China and asking Congress to allocate funds to support her plan. She claimed that China poses an unprecedented threat and that China is not a friend of the United States. She also threatenedNvidiaand other U.S. companies, requiring them to accept export controls, otherwise new restrictive measures will be imposed.
However, the spokesperson of China***Wang WenbinResponded to Raimondo's remarks. Wang Wenbinsaid that China has no intention of being with the economy,Technologyis the enemy, this is also Biden's statement. He pointed out that there are contradictions between the statements of the US side and the previous ones, which may make the US lose credibility in China and other countries. Wang WenbinHe stressed that China does not want to see the United States defeat and has no willingness to challenge or replace the United States. He called on the US side to establish a correct understanding, work with China to implement the China-US consensus, stop treating China as an imaginary enemy, stop confrontation in the name of competition, and stop inconsistency between words and deeds.
Raimondo's remarks reflect several important issues. First of all, she to:Zero-sum gameto look at ChinaTechnologydevelopment, seeing China as a threat beyond what it used to be. This perspective is consistent with the fact that the United States has waged a war against China in recent yearsTechnologyThe war and the intensification of geopolitical maneuvers are consistent and also indicate that the United States may take further deterrent actions. In this context, China is continuing to strengthen domestic industrial substitution efforts to cope with external pressures. The Chinese market remains open to U.S. companies interested in developing in China, such as the recent CIIE and the China International Import ExpoChainAt the expo, a number of American companies actively participated in the exhibition. At the same time, China is also in the midst of variousTechnologyThe field continues to improve the local innovation system to be between China and the United States or further upgradedTechnologyBe well prepared for the battle.
Second, Raimondo's push for restrictions on China is difficult, and targeted export controls are more difficult than expected, so she needs to raise new money from Congress. However, during Raimondo's visit to China,HuaweiDeliveries of new machines continue, ChinaChainIt is also developing steadily, illustrating ChinaTechnologyThe pace of iteration is getting faster and faster, and the United States is increasingly lacking effective means to stop China's development. China has reduced its external exposure through independent innovationTechnologyThis makes it difficult for the US to find an entry point for sabotage. It can be seen that Raimondo's job is getting tougher and tougher. HuaweiWhile promoting China's industrial chain, it also provides underlying technology research and development support for Chinese car companies in the field of electric vehicles, which has produced a good demonstration effect. In the field of communication technology,HuaweiIt has promoted the implementation of air-ground integration technology, and promoted the construction of China's computing power base and the optimization of intelligent technology. As the situation shifts, the U.S. restrictive actions are becoming less and less effective and are beginning to have a negative impact on itself.
Third,United States**Differences with U.S. businesses are growing. Raimondo warned by nameNvidiaand other enterprises, requiring them to comply with export controls. This is contrary to the free market concept that the United States has been promoting, and it is difficult to avoid causing lasting damage to American companies. NvidiaAbout one-fifth of its revenue comes from the Chinese market. Affected by the new restrictions imposed by the United States on China,Nvidiaof share prices were over 12% between August and October**. The U.S. after a new restraining order issued in OctoberNvidiaAbout $5 billion in exports to China has been affected. Therefore,Nvidiaand other companies have publicly stated that they are developing products that comply with regulations to maintain the best in the Chinese market. The early days of China and the United StatesTechnologyAt the outbreak of war, American companies may still have some willingness to gain a monopoly market position after defeating Chinese companies. However, a few years have passed, and the reality is enough to sober up American business. Including:NvidiaIntelQualcommMicronand other enterprises, all of them have suffered from the Chinese market, and continue to suffer losses of interests, and gradually distance themselves from Raimondo and other American personnel.
Overall, Raimondo's clamor rhetoric sparked controversyWang WenbinRespond to it. The analysis found that Raimondo's remarks reflected the United States and ChinaTechnologyThe realities and challenges of competition. At the same time, China is inTechnologyDevelopments in the field have significantly reduced the effectiveness of US restrictions on China. In addition,United States**Growing divisions with U.S. companies have also made U.S. companies wary of working with China. With the United States and ChinaTechnologyChina will continue to work hard to strengthen the construction of an independent innovation system and strengthen support for domestic industries to better respond to external challenges.