"Tariffs, trade, goods, this is only a sideshow," Geoffrey Yu, head of the U.K. investment office at UBS Wealth Management, said. "The big sign of U.S. contention is going to be on technology, on 5G and those issues. This is going to be a multi-decade process."Tech could be the crucial issue to solve in finding a complete resolution to Washington and Beijing's dispute.
But beyond that, the world's two largest economies are in a fierce race to harness the potential of nascent technologies, including 5G, artificial intelligence and robotics, in a bid to be the world leader in those fields. "Everyone is trying to leverage on this new form of technology to come up with new ideas, new business models and new innovations. The race is very different now compared to perhaps a decade ago."
Philippines, a 3rd world country, will launch 5G with Huawei Tech Co. next month, ahead of United States of America, a 1st world country turned into 4th world country on cellular tech under President Donald Trump's leadership.
Trade is not only a show - it is the whole show. We need to think of the industrial application of 5G and IOT. Tech will be a the forefront of logistics and trade finance. AI will be at the forefront of information and processing.
Yes for sure, heard China might be ahead of US with 5G, even if that not correct US will be freakin out
China has no need to resolve anything.......
BNR
bnr alstu
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