The US vs. China: The High Cost of the Technology Cold War

But the US actions so far may be indirectly driving away some business. Jake Parker, senior vice president of the US-China Business Council, which represents American companies doing business in China, says he has been told of one Japanese company urging Chinese companies to switch from their US suppliers. The message, he says, is: “You can’t rely on US technology because you might be cut off from it in the future.”

Photo from Marco Verch