In the past few years, the technology competition between China and the United States has become increasingly fierce, and the "chip rule" has become a restrictive measure imposed by the Biden team on China's semiconductor industry. However, this restriction has not only affected the competition between China and the United States, but has also had a ripple effect on countries around the world. After the United States successively cut off the supply of Google and Qualcomm, Huawei had to suspend its overseas mobile phone business, and divested the Honor brand, turning its focus to the development of high-end fields. Huawei's self-developed Kirin chip and HarmonyOS system came into being, demonstrating the strength of China's technology. However, the United States has not given up on restricting Huawei's crackdown, and after TSMC was forced to cut off Huawei's supply, HiSilicon Semiconductor also temporarily lost its revenue capacity, and Kirin chips had to face the suspension of production. Despite this, Huawei has not given up and continues to invest no less than 20% of its total revenue in R&D every year. Huawei's efforts are finally reflected in the Mate60 phone, which is about to be launched in the market, leading a consumer rush and showing Huawei's determination to compete with international brands such as Apple.
In the wake of Huawei's breakthrough, the Biden team's skepticism of Chinese technology has led to a series of restrictions. This time Saudi Arabia has become the target of restrictions, and the Biden team believes that Middle Eastern countries have resold technology to China. The Saudi royal family was outraged and shouted at the United States that they would consider ending the petrodollar deal. The agreement provides for transactions in U.S. dollars in certain markets, and if Saudi Arabia terminates the agreement, other currencies will be used in those markets. The move attracted global attention and underscored Saudi Arabia's determination not to be tied down by the United States.
As a countermeasure to Saudi Arabia, the Biden team further restricted the import of high-end artificial intelligence chips from Middle Eastern countries, including well-known companies such as Nvidia and AMD. Although it may seem like a blow to Middle Eastern countries, in reality, this move is more aimed at Chinese companies. After all, the demand for AI chips in Middle Eastern countries is not large, and the United States believes that there is a possibility that Middle Eastern countries will resell their technology to China. In order to avoid all possibilities, the United States directly forced Saudi Arabia to withdraw from its investment in RAIN, an AI algorithm company.
In the face of US restrictions, the Saudi royal family did not choose to give in, but chose to "be tough to the end". They announced that if the U.S. continues its crackdown, it is possible to terminate the petrodollar agreement and trade in other currencies. The move underscores Saudi Arabia's defense of its own interests and hints at the vulnerability of the United States to global energy issues. The United States has always pursued a semi-predatory energy strategy, but the shortcomings of this strategy will gradually become apparent once other countries stop cooperating.
The intensifying technology competition between China and the United States, and the mutual pressure of restrictive measures, have led to a series of chain reactions. However, the direction of this competition is changing. Previously, the competition was mainly focused on technological innovation and market share, but now it involves areas such as global ** chain and energy politics. The Biden team's restrictions on Chinese technology did not have the desired effect, but instead sparked dissatisfaction and ** in other countries. China's technological breakthroughs have alarmed the United States, and other countries have begun to reassess their partnership with China. They no longer simply follow the policies of the United States, but pay more attention to their own interests.
In short, the tug-of-war between China and the United States in science and technology competition has entered a new stage. In the face of U.S. restrictions, countries have begun to pay more attention to their own development and the protection of their interests. Saudi Arabia chose to stick to its own interests and did not want to be bound by the United States, announcing the possible termination of the petrodollar agreement. The Middle East is also becoming more aware of the drawbacks of relying on the US dollar and is exploring the use of other currencies for transactions. The ripple effect of this restrictive measure shows us the complexity and global impact of the U.S.-China technology competition. For China, it needs to be more determined to take the path of independent innovation and improve its core technical capabilities. For other countries, there is also a need to reassess their own interests and cooperation with China. Only on the basis of mutual benefit and win-win results can the long-term goal of scientific and technological development be realized.