How the trade war could make China even stronger


Hong Kong( CNN Business) At a machine firm near Shanghai, China’s sprawling business capital, engineers rely on the United States for personas they need to stir precision quantify equipment for automakers and other industries.

But the company, Suzhou Osaitek Photoelectric Technology, is now speeding up plans to produce the components itself, according to the report of He Zhongya, its manager engineer.

The reason? New tariffs in the trade clash between the United States and China have made the American-made portions too expensive.

Can Xiaomi survive a trade struggle?

Scroll to Top