US-China tech wars threaten ‘economic carnage’ as US seeks to rein in growing power of Chinese tech

So the FT reports. China is vulnerable, spending more on imported silicon than oil, prompting a scramble to expand domestic chip supply.

As the drumbeat of instability grows louder with every passing day in developments like this, it is clear that – somehow – we must instill action rooted in common security, not the “last man standing” approach that Trump champions. If national governments can’t do this, then it must fall to other actors in civil society, including companies. The Paris Agreement shows that a common security approach can prevail, at least where climate is concerned. It needs to be applied in energy, tech and other sectors too.

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