The tensions over Huawei are not about trade, but about global supremacy Laurie Macfarlane
about 5 years in The guardian
The real fear for the US and the UK is that China’s authoritarian economic model could spell the end of liberal capitalism
In 2015, George Osborne hailed the arrival of a “golden decade” of Sino-British relations. “Where some people are cautious about getting more involved in China, we say quite the reverse,” the chancellor remarked during a high-profile trip to Beijing. “We want to get more involved with China.”
Five years later, the mood has changed dramatically following Britain’s U-turn on its decision to allow the Chinese firm Huawei to develop its 5G network. Although the UK government has sought to play down accusations that the decision was politically motivated, insisting it was a “technical decision”, in reality it could scarcely be more political. Continue reading...