Sou Hu Cai Jing·2025-12-19 13:21Group 1 - The U.S.-China tech rivalry has intensified since 2018, with the U.S. implementing export controls to hinder China's high-tech supply chain, particularly targeting companies like Huawei [1][3] - Despite U.S. efforts, China has accelerated its advancements in key sectors such as semiconductors and electric vehicles, with companies like BYD and CATL leading the charge [1][5] - The U.S. semiconductor industry has reported significant losses due to these export restrictions, with estimates of hundreds of billions in damages and reduced factory utilization rates [3][5] Group 2 - China's electric vehicle sector has thrived under U.S. sanctions, transitioning from reliance on imports to developing a robust domestic supply chain, capturing half of the global market share by 2024 [5] - The U.S. has increased tariffs on Chinese electric vehicles and batteries, aiming to protect its domestic industry, but this has led to retaliatory measures from China, including sanctions on U.S. defense companies [7] - Analysts suggest that the U.S. needs to reassess its confrontational policies, as the current approach may lead to greater economic isolation and a loss in the tech competition with China [9][11]