US Elections: The view from Beijing
Business Daily
BBC
4.4 • 816 Ratings
🗓️ 14 September 2020
⏱️ 19 minutes
🧾️ Download transcript
Summary
Tensions with China have simmered for the past three years ever since President Trump initiated the so-called trade war.
As Ed Butler hears from tech analyst Dan Wang, the trade war could prove a death sentence for Huawei, one of China's highest-profile firms. So what is likely to change after the US election, depending on who wins? Not much, says China analyst Rui Zhong, as Beijing's priorities under President Xi appear far more domestic. And Daniel Russel, former adviser on Asia to President Obama, agrees, saying the world looks very different from that previous administration. But Ian Bremmer, chair of the Eurasia Group, counsels that the election still has huge potential for the global balance of power.
(Picture Credit: Getty Images.)
Transcript
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| 0:00.0 | Hello there, I'm Ed Butler. Welcome to Business Daily from the BBC, where in the first of a series of shows trailing the U.S. election, we're talking China and U.S. China trade wars. A Joe Biden ally says it's time for a grown-up to take over the White House. |
| 0:15.7 | If the U.S. government labels China as an enemy, treats China as an enemy, then gradually over time we |
| 0:23.9 | will find that in China we have an enemy. Well, the Trump campaign disagrees, of course, |
| 0:29.6 | but with both sides talking tough over China, does Beijing even care who wins? |
| 0:34.1 | I don't think that China's priorities differ between Trump and Biden. |
| 0:40.7 | Internal stability and the political survival of the Chinese Communist Party, that is the core goal. |
| 0:49.3 | That's all to come in Business Daily from the BBC. |
| 0:58.8 | The world's the change of speed. I'm in Business Daily from the BBC. Welcome to what seems to be the new front line of the US-China Tech War. |
| 1:03.9 | You know, more than 13,000 people work for SMIC. |
| 1:08.6 | It's an amazing corporation. |
| 1:10.8 | This is a corporate video promoting China's semiconductor manufacturing international corporation, |
| 1:17.4 | smiling executives and high-tech chips being laser cut. |
| 1:22.0 | It looks great, but all is not well in smic land, |
| 1:25.8 | nor amongst other makers of Chinese consumer technology. |
| 1:29.8 | Washington is threatening to extend commercial sanctions to firms like these, |
| 1:34.3 | and chips are one area where China depends on overseas manufacturers, |
| 1:39.2 | companies like Samsung and Intel and others. |
| 1:41.7 | Huawei, China's biggest phone and laptop maker, is most at risk, it seems. |
| 1:46.4 | Following US sanctions, it's no longer got access to Google's Android software, |
| 1:51.2 | and with an outright ban on Western microchips from Wednesday, |
| 1:54.9 | it's going to get a lot worse, according to Dan Wang. |
| 1:57.6 | He's a technology analyst at Gavicle Dragonomics, a consultancy in Beijing. |
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