"Stupid, stupid, stupid"
2024-08-06
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In recent years, the United States has generalized the concept of national security and has used export controls, additional tariffs, long-arm jurisdiction and other means to restrict China's development in advanced manufacturing and high-tech fields. However, these fierce operations have not only failed to win an advantage for the United States, but have instead made a mess.
Recently, the Federal Reserve Bank of New York, which is affiliated with the U.S. Federal Reserve, released a report stating that export controls on China not only restrict the development of U.S. companies and impact employment, but also to some extent cut off the connection between U.S. companies and the global supply chain.
As the most sensitive entities in the economic market, a number of companies have truly experienced what "the United States hurts the United States". It is estimated that in recent years, the total market value of all American companies affected by export controls on China has "evaporated" by 130 billion US dollars. In addition, the total number of employees in companies affected by export controls on China has fallen by 7.1%. Many people in related industries in the United States have bluntly stated that in the medium and long term, the "decoupling and chain-breaking" measures will prevent American companies from reducing costs by maximizing the available market, which may cause the United States to lose its competitiveness and voice in advanced industries in the future. It can be said that the United States' abuse of high-tech export controls on China may seem profitable in the short term, but in fact it is a self-limiting shackle. It is no wonder that Buffett's partner, the famous American investor Munger, has to use three "stupid" to describe the United States' behavior in exacerbating tensions between China and the United States.
Unable to maintain hegemony, trying to increase external blood sucking, and preferring to kill oneself to trip up others, this is a typical Cold War mentality and hegemonism. According to US media reports, the Biden administration is pressuring allies such as the Netherlands, Japan, Germany, and South Korea to take further measures to restrict China's access to advanced semiconductor technology. However, in recent years, the United States has repeatedly politicized, instrumentalized, and weaponized economic, trade, and technological issues, trampling on the economic and technological sovereignty of its allies, sacrificing the economic and security interests of its allies, and has long weakened the strategic mutual trust of its allies. After being "harvested" by the United States again and again, who will follow it to the end? The so-called "export control alliance" has not helped the United States achieve its goal of containing China, but has instead inspired countries to compete to introduce science and technology subsidy policies. Hysteria, disruption, and chaos, the marginal effect has become lower and lower, until it backfires on itself.
"Blockade, blockade for 10 to 8 years, and all China's problems will be solved." The United States can temporarily slow down China's pace of innovation by "choking", but it cannot block China from the high-tech competition for a long time. Looking back at the 70-year journey of New China, from the "two bombs and one satellite" to aircraft carriers, from the Beidou system to the Hong Kong-Zhuhai-Macao Bridge, which national heavy equipment has not encountered Western technology blockade? But history has proved time and again that "no retreat is the road to victory", and all kinds of tricks will only enhance China's determination and ability to be self-reliant and self-reliant in science and technology, and will only inspire China to break through the blockade and "hold the rice bowl firmly in its own hands".
In recent years, China's domestic chip market demand has continued to be released, industrial technology has accelerated its evolution, and the gap with the world's advanced level has gradually narrowed. Huawei and other companies have "forged ahead" under certain targeted suppression, and have made continuous breakthroughs in the fields of smart terminal operating systems, high-end ERP systems, EDA software, and 5G core components, completing the "de-beautification" of some high-tech. From this point of view, the attempt to block China's development through containment and suppression is actually "too stupid and naive" behind the hegemony.
Scientific and technological cooperation is the inherent meaning of building a more open, inclusive, equitable, balanced and win-win economic globalization. The world today is facing many challenges, and it is calling on all countries to make good use of scientific and technological innovation as a key force to effectively respond to and resolve various crises. Therefore, the United States' "technological bullying" behavior has not only prompted China, but also prompted all countries to deeply realize the importance of maintaining a fair order in the field of science and technology and promoting common development. Unlike the United States, while accelerating innovation-driven development and continuously improving the independent innovation capabilities of science, technology, engineering, and industry, Chinese companies are actively sharing technological progress with other countries and seeking win-win development. Whether it is a Cold War mentality, forming cliques, or open cooperation, co-construction and sharing, to some extent, this is not only a competition of paths for scientific and technological innovation, but also a competition of development concepts.
Green mountains cannot block the flow of water; it will eventually flow eastward. Modern Diplomacy, a well-known European journal, pointed out that globalization and open economy are two key factors in human progress in the past few decades. Acting on one's own will only run counter to the advancement of human science and technology and common well-being, and those who attempt to trap others will eventually put the noose around their own necks.
