News Highlights: 2020 in an overview: Chinese companies are suffering as global Technology Tensions are mounting
Lauren Dudley is a Research Associate for Asia Studies at the Council on Foreign Relations.
2020 was not an easy year for Chinese technology companies. Officials around the world became more wary of the potential threats to national security posed by their growing power. A slew of bans, restrictions and sanctions against Chinese technology companies bolstered China’s decision to support indigenous innovation and self-reliance. And while the Biden administration is likely to take a more measured policy approach than the Trump administration, it is unlikely that things will become much easier for Chinese tech companies in 2021.
Technology and innovation
The year started with a few big wins for Huawei. In January, the United Kingdom (UK) decided to let Huawei play a limited role in its 5G network. Officials in Italy and South Africa also indicated they would allow the Huawei network …
Read more: Check the latest technology news updates and information. Share this news with your friends and family to support us.