Every once in a while we would hear news about Trump introducing new bans on Chinese companies. But nothing beats attacks on his all time favourite – Huawei.
Even though I am a believer in the rise of China, I do not think the Chinese should complain about these bans because China has been more notorious for preventing foreign companies from entering the Chinese market. Examples are Google and Facebook. This allowed their domestic companies to benefit from the lack of competition and gave rise to many copycat versions to prosper in China. So the U.S. is just doing a tit-for-tat which is probably long due.
When it comes to world affairs, I always defer to Lee Kuan Yew’s views. He said,
“China knows that it needs access to U.S. markets, U.S. technology, opportunities for Chinese students to study in the U.S. and bring back to China new ideas about new frontiers. It therefore sees no profit...