Since May 2019, the U.S. government has been trying to destroy China’s Huawei, the world’s largest telecommunication equipment maker. American national security hawks think that it presents a significant threat: if any telecom network uses Huawei equipment anywhere in the world, they argue, China’s military could interfere with U.S. military overseas operations. Many security analysts question this thinking by pointing out that a number of nations, including both China and the U.S., can hack virtually any commercial network — with or without Huawei equipment. But that hasn’t dissuaded the U.S. government.
In the first round of government actions last year, the United States placed Huawei on a list of bad actors — the Entity List — which cuts off Huawei from U.S. suppliers of technology, principally semiconductor chips. But this ban has many loopholes, including the fact that chips made overseas are exempt from the ban. Moreover, the ban spurred Huawei’s already
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When China announced it was ending quarantine requirements for incoming travelers, Chinese people collectively picked up their phones to search popular travel apps like Ctrip and Qunar. Owned by travel giant Trip.com, these apps helped Chinese travelers explore the world pre-pandemic and facilitated the human-to-human interactions that drove China's rise. But many of today's travelers seem to be sticking closer to home, and their hesitation to get back to the jetsetting habits of the past 20 years has far-reaching implications — especially for Trip.com.
The professor talks about China's real estate bubble; if China can develop a modern financial system without rule of law; and why it's not China that is reshaping the global order, but the world's response...