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Tuesday, April 24, 2018
Some facts and evaluations on U.S. sanction on ZTE
ANBOUND

The U.S. sanction on ZTE is a strong stimulus signal, prompting China to look more clearly and objectively at its/ own strength. From a risk perspective, China's semiconductor chip imports are as much as one-half of the world market. U.S. companies cannot withstand the risk of closing down, and the world market cannot accept the threat of losing semiconductor-related products. China should look at this matter from a systematic perspective and carry out a policy summary. China should believe that globalization will move toward a new stage of global amalgamation. If China wants to persist, it must follow the path of global amalgamation and adhere to reform and opening-up; it should never close the door of opening-up under external pressure!

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