China wants to create a tech landscape where the US can no longer hurt it

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China wants to create a tech landscape where the US can no longer hurt it
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China is already adapting to the changing business landscape and that trade, and particularly technological, relations will never be the same again.

"Potential partial easing of U.S. restrictions on exports to Huawei represents slightly more de-escalation than expected, though the details remain unclear," Goldman Sachs' economics research team said in a note this week reacting to the Trump-Xi meeting.

"Everybody will be happy that negotiations are starting again," Hans-Paul Burkner, chairman of the Boston Consulting Group, told CNBC at thein Dalian, China on Monday. "But clearly one has to expect that frictions will continue, and business will have to diversify supply chains and will have to rethink how to really spread their portfolio across the world in order to be less vulnerable.

"Ideally, we keep a level playing field and we are able to work with each other and compete with each other around the world. But there is the possibility that we will really have two tech worlds, a Chinese one and a U.S. one, hopefully it will not come to that but it's not impossible."

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