中美贸易战

The US strategy is not the best way to deal with Huawei

It is clear that the US government has made a strategic decision to go after Huawei, the Chinese telecoms equipment maker. What is not clear is whether there is a coherent strategy behind this decision. Is the goal to reform and improve Huawei? Or to destroy it? And is it part of a coherent American strategy to manage the rise of China? The rest of the world has already decided that this cannot be stopped, barring a catastrophic breakdown of internal legitimacy (which is unlikely).

If the aim is merely to rein in Huawei, then US moves against it may attract international support. If, for example, Huawei, had violated US law in exporting a sample from a company called Akhan Semiconductor, it deserves to face the full penalties available to American prosecutors.

At the same time, Huawei may also be willing to adapt to the best practices and norms governing global multinational corporations. Indeed, it has already gone further than any other Chinese corporation in adapting to western norms, employing leading western consultancies and accountants to shape its corporate governance. Huawei insists it is not a state-owned enterprise but is fully owned by its employees, with profits going to the employee-shareholders.

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