China vs America After the Corona situation, the United States is not selling technology products to China, So they decided to produce product of his own country Made in China they are moving forward with this goal

China vs America After the Corona situation, this time the United States is not selling technology products to China, So Made in China, that is, the decision to produce technology products in their own country.

       

China vs America, America now imposes rules on technology related products China, China Made in China using its own technology is also insisting on the production of technology products in its own country.

China- First the customs war.  Coronavirus infection after that.  These two pushes have brought US-China relations to a standstill.  Especially in the industrial and commercial fields.  The Trump 

Now China vs America After the Corona situation, this time the United States is not selling technology products to China.

administration has already decided to ban mobile apps like TickTock and WeChat.  The United States is also blocking the use of devices such as Huawei and ZTE, China's largest mobile technology companies.

 In this situation, China is also going to retaliate against the American technology companies.  They want to move forward with this theory of Made in China product.

 Made in China is how it will work

 According to administration sources in various provinces of China, many parts of the government's information technology system are collected from US companies.  These include Intel, Microsoft, Oracle, IBM.  This time they want to replace that technology with the help of local companies.  According to sources, several state administrations and state-owned telecom company China Telecom have already decided not to buy any more parts or technology from US companies.  Domestic companies will be cited.  In other words, China will make Made in China products on the soil of the country.  According to the country's industry, if the administration cites local companies, more investment in domestic companies will increase.  Which will have a positive effect on the stock market prices.

 Informed sources further said that China is not only taking such steps to put pressure on the United States.  In the US industry and business politics, the Chinese government has made arrangements for companies like Huawei and ZTE not to use US equipment.  On the other hand, if they impose sanctions on the Chinese administration for supplying technology to Intel and Microsoft, it will put more pressure on China.  That is why this decision to replace technology strategically.

 However, China's Ministry of Commerce said the two sides had agreed to review the progress of their first-round trade agreement with the United States.  As a result, industrial and commercial circles around the world are now looking in that direction during the global economic downturn.