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新聞亮點

CUSEF Opinion Tracker | Jun 4, 2020

2020-06-04
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What are people talking:

  • US to suffer more if it decouples with China
    He Weiwen
    | senior fellow at the Chongyang Institute for Financial Studies, Renmin University of China
    "As a matter of fact, the US ban will deal a fatal blow to its own high-tech industry, especially the semiconductor sector. The total world semiconductor chip market was worth $478.4 billion in 2018, with the Chinese market accounting for $158.4 billion, or 33.1 percent of the total, compared with US' $103 billion and Europe's $43 billion. The dependence of the top 10 US chipmakers on China varied from 23 percent for Intel, 52 percent for Broadcom, 63 percent for Qualcomm, to 80 percent for Skyworks Solutions. The loss of the Chinese market will threaten their survival."
  • The Folly of Decoupling From China
    Henry Farrell
    | Professor of Political Science and International Affairs at George Washington University
    Abraham Newman | Professor at the Edmund A. Walsh School of Foreign Service and in the Department of Government at Georgetown University
    "But for all the official enthusiasm for decoupling, there is little agreement on what it would actually entail. Does decoupling mean reducing U.S. economic vulnerabilities? Making the United States less dependent on China? Exploiting China’s dependence on U.S. technology? Withdrawing wholesale from the World Trade Organization? Turning any of these proposals into effective policies would require a level of technical knowledge that neither the U.S. government nor the private sector has right now. Flying blindly ahead, moreover, risks hurting the United States as well as China."
  • Time for smart leaders to come forward on relations with China
    Dan Glickman
    | vice president at the Aspen Institute & a senior fellow with the Bipartisan Policy Center
    "The bottom line is this: we don’t need this unnecessary conflict with China during these uncertain times. American political leaders need to temper the rhetoric on both sides and not make the foundation of the election on who can bash China the hardest. It’s time for mature politicians of both parties to recognize the need to diffuse the problems and work together to solve them. China is the source of some of our problems, but not all. We have to heal ourselves internally on so many fronts, and China cannot be the scapegoat for all our nation’s problems."
ON US-CHINA RELATIONS
ON US ELECTION
ON US FOREIGN POLICY
ON HONG KONG
ON GEORGE FLOYD INCIDENT
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