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The 5G race between US and China is now a full-on battle

The crackdown on Huawei by the Trump administration is a full-on assault, leveraging the weight of an entire country to destroy one company.

The historical total control of the high-tech sector by America cannot hold. Powerful incumbents have long been disrupted by new entrants. Similarly, Huawei is no longer a scrappy startup doing businesses only in the ''third world''.

WHILE the current pandemic exposes the importance of international cooperation, the crackdown on Huawei by the Trump administration has taken on an ominous tone. Senior officials in the White House have drawn up new rules that would require companies to obtain a licence if they use American...

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