Skip to content
Home » The U.S. sanctions against Chinese multinational Internet companies are practici

The U.S. sanctions against Chinese multinational Internet companies are practici

    The U.S. sanctions against Chinese multinational Internet companies are practicing its own protectionism and maintaining the U.S. hegemony in the digital sphere. With the popularity and necessity of the Internet, network globalization and multinational Internet business companies began to grow at a high rate. The ensuing corporate competition became an essential collision. The U.S. sanctions against China’s newest major Internet companies: Huawei, TikTok and WeChat, on the grounds of threat to national security.
    TikTok, the video software produced by ByteDance, has more than 28 million active users, overtaking Google as traffic champion. What led to the controversy was the executive order on TikTok during Trump’s presidency said that TikTok collected information from U.S. users to hand over to the Chinese government, threatening U.S. national security.
    Realists who support Trump’s policies believe that TikTok’s company, ByteDance, is a Chinese technology company is part of a Chinese technology company; The higher the popularity of TikTok, the higher the rate of downloads by people serving in the military or intelligence services. TikTok uses its backdoor to listen to or monitor downloaders’ phones for espionage and uses users’ posted location, video, and clipboard content to monitor users’ information to gather intelligence for the Chinese government. This is a serious threat to national security and TikTok’s dangerous actions must be banned.
    However, Facebook’s scandal in 2016 illustrates that U.S. domestic companies have also sold user information to British to refute that if TikTok wants to buy user information, why not just buy it from U.S local companies? Read the clipboard content in addition to TikTok, Facebook, LinkedIn and other software have the same function, the ability to collect user data Facebook and TikTok are not comparable. What makes an entertainment social software that posts videos of singing and dancing the number one target? TikTok provided strong evidence in the committee but it was still sanctioned, which shows that the act of sanctioning TikTok under the pretext of national security is at the core a fight of interests to stop the growth of Chinese companies and weaken foreign competitors. In terms of politics, Trump has used this behavior to pull the votes of U.S. technology companies to support the expansion of jobs and establish a strong image. In terms of economics, the U.S. company Oracle seized the opportunity to cooperate, taking a 12.5 percent stake in TikTok, becoming more competitive and expanding its corporate activities.
    It’s not just TikTok but also China’s Huawei. The United States announced that the private company Huawei will be included in the “threat to national security list” Huawei was kicked out of the 5G construction. Supporters believe that Huawei, as the leading mobile device sales company and 5G leader, set up backdoors and engaging in Chinese espionages, which will threaten the U.S. network security at any time. Consider Huawei as a time bomb and ban the sale of Huawei devices.
    Huawei has a first-mover advantage in 5G. To contain Huawei, the U.S. and its alliance boycotted Huawei and stopped supplying chips. Huawei’s original market share slipped from 30% to 28.8%. Huawei’s rival Ericsson’s market share rose 3%. Huawei, which was willing to sign a no-surveillance agreement, was still boycotted by the U.S., leading Google to withdraw from cooperation with Huawei and making Huawei lose more foreign competitiveness. The U.S. also called for a boycott of Huawei by other allied countries. With limited market resources, Huawei’s plight has helped Nokia and Sweden’s Ericsson grow, and such sanctions against Chinese companies are not only unfair but also violate trade law rules against discriminatory trade. The U.S. does not have regulations or clear rules for all companies to comply, and the U.S. obviously does not apply the same stander to all companies. This is a back door to protectionism, particularly for the telecom and IT industry, to give them a favor to punishment their competitors. The United States is using the “visible hand” to take strategic action to maintain its cyber hegemony with protectionism.

    How to create Testimonial Carousel using Bootstrap5

    Clients' Reviews about Our Services