The mission of the Transatlantic Security Program (TSP) is to strengt...
2021-02-03 2 ENGLISH REPORTS
Access to certain critical inputs is already a major concern for anyone with operations or even just supply chains in China. While most of the discussion about the ‘tech war’ has been limited to critical inputs like semiconductors, the effects of the conflict are actually far more pervasive. In order to calculate decoupling risks, companies need to urgently audit their own operations, as well as the operations of those up- and downstream of them, to identify critical bottlenecks that could be potentially targeted by either the US or China for strategic purposes. Digital decoupling is also having a sharp impact on companies, with telecommunications and network equipment manufacturers feeling increasingly squeezed out of the market. Most worryingly, information and communication technology (ICT) companies, and a growing number of firms across all industries, are unable to integrate their digital solutions in China, in large part due to market access barriers to the provision of both basic and value-added telecommunications services.
The present and future tech quagmire: preventing digital dilemmas, tech autarky and a weaponisation of interdependence Taken in isolation, decoupling dynamics within each layer are causing at least some suffering to European companies, but when these layers intersect the pain becomes excruciating. The picture painted by European Chamber members of the growing divergence in technology ecosystems can best be described as a quagmire. High-tech commercial flows are being ‘securitised’ at a growing pace. Direct market access barriers, like negative lists and national security measures, are increasingly joined by indirect ones, like national standards or licensing requirements, to prevent developing technology ecosystems in the US and China from overlapping.
标签： ENGLISH REPORTS