Enter the tug of war!After being banned by the United States from investing in AI, Saudi Arabia made

Mondo Finance Updated on 2024-01-28

In recent years, the technology competition between China and the United States has become increasingly fierce, especially in the field of chips, and the two sides have rushed to strengthen R&D and investment. However, the restrictions imposed by the United States on China's semiconductors have triggered a series of chain reactions that have spread to various countries and fields around the world. After the United States banned Huawei from cooperating with Google, Qualcomm and other companies, Huawei was forced to suspend its overseas mobile phone business and divest the Honor brand. However, Huawei did not stop there, on the contrary, they continued to increase their R&D investment, launching high-end products Kirin chips and HarmonyOS systems. Huawei's efforts have been recognized by the market, and the strength of its Kirin 9000s chips is comparable to Apple's, once again highlighting the strength of Made in China.

However, the United States has not stopped questioning China's chip technology. Although Huawei's Kirin chips have been recognized by the market, the United States** still doubts that China can independently manufacture 7nm chips. In order to curb the development of China's chip technology, the United States began to impose restrictions on chip companies such as Nvidia and AMD, and at the same time set its sights on Middle Eastern countries. The United States suspects that Middle Eastern countries are reselling technology to China, so it has released cruel words, demanding that Saudi Arabia withdraw its stake in the AI algorithm company RAIN. Not to be outdone, the Saudi dynasty certainly did not hesitate to put an end to the "petrodollar deal" to suppress the United States, indicating that they would seek a new partner.

As one of the world's largest oil exporters, the Saudi royal family's position in the global energy market cannot be ignored. In the face of U.S. restrictions, the Saudi royal family decided not to show overture to the United States, but chose to strengthen cooperation with China. They directly threaten to terminate the "petrodollar agreement" and trade in currencies other than the dollar in specific markets. This move has undoubtedly put enormous pressure on the United States, because the petrodollar has been an important support for the international financial hegemony of the United States. Saudi Arabia's counterattack not only represents a seismic shift in the energy market, but also highlights the conflicting interests of Middle Eastern countries and the United States in the fields of science and technology.

The escalation of the technology competition between China and the United States has become more and more obvious, and both sides are vying to increase R&D and investment. In the name of security, the United States has adopted a series of restrictive measures to curb China's scientific and technological development. However, such unilateral restrictions will only backfire, stimulate the vitality of China's innovation, and accelerate the pace of development of the domestic semiconductor industry. China's chip manufacturing, artificial intelligence and other fields are gradually catching up, and can be called a new competitor in the global technology field.

From another perspective, the various restrictions imposed by the United States have also revealed the weakness of the United States in the field of science and technology. The United States is too dependent on the ** chain of other countries, and once it encounters restrictions or supply cuts, it will fall into a passive situation. It also presents an opportunity for other countries, especially Middle Eastern countries, which have a huge advantage in the energy sector, to counter US restrictions by cooperating with China.

Personally, I believe that the escalation of the technology competition between China and the United States will have a huge impact on the global technology landscape. China's scientific and technological strength should not be underestimated, and it has reached the world's advanced level in some fields. However, China needs to pay more attention to independent innovation and research on core technologies, independently master key technologies, and promote the improvement of scientific and technological innovation capabilities. In addition, as a global energy power, Middle Eastern countries can achieve economic diversification and technological innovation through cooperation with China, and reduce their dependence on the United States.

In short, the Sino-US technology competition has entered a new stage, and the global technology landscape is changing. China's impressive progress in areas such as chip manufacturing and artificial intelligence, while the Saudi royal family's counterattack also means that the global energy market will face a huge transformation. At this critical juncture, China needs to strengthen its ability to innovate independently, promote the development of science and technology, and at the same time strengthen cooperation with Middle Eastern countries to occupy a more favorable position in the global competition in science and technology.

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