USA and Huawei, the Creation of a Technological Iron Curtain

Ionuţ – Alexandru Ciucan ()
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Ionuţ – Alexandru Ciucan: „Nicolae Bălcescu†Land Forces Academy

Ovidius University Annals, Economic Sciences Series, 2020, vol. XX, issue 1, 61-65

Abstract: The pace at which technology is developing today is a very accelerated one, which leads to an constantly increasing circulation of information. With this technological evolution, the most developed countries have the most to gain or to lose on the international stage. The recent ChinaUS Trade War tends to take a turn for the worst because of Huawei's recent innovative products and technologies. America has come to the menacing conclusion that China, using its gigantic producer capacities, would try to create vulnerabilities in the American defense system, while intentionally eroding the western capitalist economy. The purpose of this paper is to emphasize the importance of the ordinary technology that we are taking for granted and the effects of it on national and international scale. For this reason a logical explanatory material was composed, through which we can easily grasp the ascending importance of informational technology into an increasingly globalized economy.

Keywords: information; technology; iron curtain; trade war (search for similar items in EconPapers)
JEL-codes: F59 (search for similar items in EconPapers)
Date: 2020
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