{"id":5072,"date":"2020-07-29T10:54:19","date_gmt":"2020-07-29T02:54:19","guid":{"rendered":"http:\/\/blog.rchss.sinica.edu.tw\/wwchu\/?p=5072"},"modified":"2020-07-29T12:37:39","modified_gmt":"2020-07-29T04:37:39","slug":"washingtons-china-policy-has-lost-its-wei","status":"publish","type":"post","link":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/?p=5072","title":{"rendered":"CSIS: Washington\u2019s China Policy Has Lost Its Wei"},"content":{"rendered":"<h1><span style=\"font-family: 'Droid Sans', Arial, sans-serif;font-size: 14px\">CSIS Briefs, Scott Kennedy<\/span><\/h1>\n<p>July 27, 2020<\/p>\n<p><a href=\"https:\/\/www.csis.org\/analysis\/washingtons-china-policy-has-lost-its-wei\">https:\/\/www.csis.org\/analysis\/washingtons-china-policy-has-lost-its-wei<\/a><\/p>\n<h3>The Issue<\/h3>\n<p><em>The U.S. federal government is obsessed with the Chinese telecom giant Huawei. It has adopted a multipronged strategy to crush the company and decouple the Western world from China\u2019s telecom and semiconductor industries. Although well-intentioned, this effort could seriously harm the United States\u2019 economy and national security. The U.S. semiconductor industry, which is the bedrock of the U.S. economy, has thrived like never before in a globalized industry. The campaign to isolate Huawei and the greater technology decoupling enterprise threatens this historic success and accelerates China\u2019s technological independence. Decoupling would also harm the United States\u2019 military preparedness and reduce the costs of Chinese aggression, most importantly, with respect to Taiwan. The United States needs a different strategy, what I call \u201cprincipled interdependence,\u201d to address the risks posed by Huawei and China\u2019s high-tech drive while also continuing to benefit from being part of a dynamic global economy. This approach does not require the United States to trust Huawei or China, but it does depend on the United States having greater confidence in itself and to more effectively work with friends and allies.<\/em><\/p>\n<div>\n<p>China\u2019s chip industry is still\u00a0<a href=\"https:\/\/www.csis.org\/analysis\/chinas-pursuit-semiconductor-independence\">several generations behind<\/a>, but it is more likely to advance when deprived of external supplies. Rather than crushing China\u2019s high-tech designs, U.S. actions are fueling them.<\/p>\n<p>The consequence will be slower global sales and a gradual loss of dominance for the U.S. chip industry. According to the\u00a0<a href=\"https:\/\/www.bcg.com\/publications\/2020\/restricting-trade-with-china-could-end-united-states-semiconductor-leadership.aspx\">Boston Consulting Group<\/a>, a full decoupling with China would reduce the sector\u2019s revenue by 37 percent and lower its global market share to 30 percent; by contrast, China\u2019s market share would rise from 3 percent to 31 percent. And a weakened U.S. chip industry cannot but hurt the rest of the country\u2019s related sectors, including flagship companies and smaller suppliers as well as their employees.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>CSIS Briefs, Scott Kennedy July 27, 2020 https:\/\/www.csis.org\/analysis\/washingtons-china-policy-has-lost-its-wei The Issue The U.S. federal government is obsessed with the Chinese telecom giant Huawei. It has adopted a multipronged strategy to crush the company and decouple the Western world from China\u2019s telecom and semiconductor industries. Although well-intentioned, this effort could seriously harm the United States\u2019 economy and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,7],"tags":[],"class_list":["post-5072","post","type-post","status-publish","format-standard","hentry","category-china-model","category-international-economics"],"_links":{"self":[{"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=\/wp\/v2\/posts\/5072","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5072"}],"version-history":[{"count":3,"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=\/wp\/v2\/posts\/5072\/revisions"}],"predecessor-version":[{"id":5074,"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=\/wp\/v2\/posts\/5072\/revisions\/5074"}],"wp:attachment":[{"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}