Global consumer will benefit from US-China trade row, economics professor tells Boom Bust ...United Arab Emirates

The United States has issued a new regulation aiming to limit chip exports to Chinese tech giant Huawei. The firm said its business will “inevitably be impacted” and that “survival is the key word” for the company at present. RT’s Boom Bust is joined by John Quelch, Dean of Miami Business School, to talk about the future of US-China relations. Huawei will be able to survive, Quelch says, adding that Washington aims to slow down the Chinese company’s efforts to globally dominate the 5G market. “The consumer division of Huawei accounts for about 50 percent of its total sales, and this particular regulation is aimed at that 50 percent tha

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Global consumer will benefit from US-China trade row, economics professor tells Boom Bust ...United Arab Emirates

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