Categories: Economy

The future of Huawei with the new president Biden

The election of the new president of the United States reached the entire world. Certainly, with the new government there will be changes not only for American citizens, but also in relations with other countries. Many people are wondering how tensions with China will evolve and because of this the Chinese company Huawei is also trying to understand what changes this new election will bring. 

Let’s remember that last year, Huawei came into conflict with Trump who introduced restrictions and put the Chinese company on its “blacklist”. Ren Zhengfei’s company has been accused of spying on the United States. Former President Trump has imposed that components developed with software created in America can no longer be sold to the Chinese company and that Google should not support Huawei devices. 

At the moment we do not known exactly how the new president Biden will behave with the Trump’s policies against Huawei; during his post-election speech, Biden spoke about the United States’ priority to fight against the pandemic, and no references were made about the relations with China. 

Many people argue that Biden with his statement to be a president who “seeks not to divide, but unify” wanted to send a strong message for a possible future collaboration and union in all fields, and this suggests positive news for what concerns international relations. 

According to Scott Kennedy, senior adviser and Trustee Chair in Chinese Business and Economics at the Centre for Strategic and International Studies, there is a good chance that there will be a break regarding the trade war, but for the moment there is no certainty about the removal of the tariffs and about the actions that will be taken against Huawei. 

According to Greg Gilligan, president of the American Chamber of Commerce in Beijing, the election of the new president Joe Biden will not change the critical situation with China. 

Certainly the United States, even with the new president Biden, will try to defend American technology, but Huawei can hope for a possible break and for a future dialogue with the American government. 

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