Name: Tech Decoupling: China's Race to End Its Reliance on the U.S. | WSJ
Uploaded: 2021-06-05T16:36:03.000Z
Duration: 7 min 21 s
Description: VoiceTubeの動画で発音を聞きながら英語表現を覚えよう！学べる英語：

by American firms like Qualcomm and Intel.

- SMIC is China's hope to win this tech race with the US.

as the Trump administration announced a number of moves

including TikTok and Huawei out of the US market.

- Huawei is something that's very dangerous.

- I mean, Washington's attitude toward China,

is that the two countries need to separate.

We could wind up with two different ecosystems

And what does it mean for tech giants in both countries?

including Huawei, which as you know, we put a halt to.

- [Narrator] Huawei and the hugely popular video app, TikTok

have both been accused of being potential tools

and have been labeled by the US as a security threat.

President Trump has mentioned impending action on TikTok,

and said they operate independently from Chinese government.

and the US government said Huawei would be barred

from buying chips from the US and other countries,

investment from China has almost ground to a halt.

- Chinese investment in the US is down 90 some odd percent.

- [Narrator] The restrictions have also startled

which have been lobbying hard against the changes.

and Alibaba's Jack Ma have said the recent escalations

- American companies supply parts to Huawei,

I mean, the Trump administration's message

to American companies and European companies

that wanna do business in China is don't do it,

Beijing announced it would no longer allow

think facial recognition and data processing,

from Hong Kong to Taiwan and the South China Sea,

tech has emerged as a strategic priority.

That's where companies like SMIC come in.

to reduce Chinese companies dependence on foreign supply.

However, it's really not until the Trump's trade war

we really need to put our act together now.

- [Narrator] China launched its own version

of the NASDAQ last year, the STAR market,

It reflects how much investors think companies can benefit

from the country's quest for self-reliance.

- Under Xi Jinping, there's a new slogan,

This esoteric slogan means that China going forward

is going to prioritize its own companies,

- [Narrator] Chips are particularly important.

China is the world's biggest consumer of chips.

It spends more on chips than it does on oil,

and imported $300 billion worth of chips last year.

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Tech Decoupling: China's Race to End Its Reliance on the U.S. | WSJ

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