wei has long been preparing for independent research and development in core technologies. It has the ab
ility to adjust to changes in the global market,” said Xiang Ligang, director-general of the Information Consumption Alliance.
Huawei has also made preparations with core chipsets. Existing st
ocks are thought to provide the company with a buffer of six months to a year, he said.
The root cause for the repeated twists and turns in the China-US trade talks lies, to a
great extent, in the United States’ serious deviation from, and disdain for, the objective laws of eco
nomics. The fact that China will never accept its unreasonable demands further complicates the matters for the US.
The US administration’s often competing and clashing objecti
ves－though many of them are understandable－cannot be realized simultaneously. For instance, the
US hopes to revive its industries and boost its real economy while maintaining the huge bubble in its financial market.