China Has More Chips Than U.S. on Negotiation Table: ING's Pang

The video discusses the ongoing US-China trade war, highlighting the US's belief that it can outlast China due to its strong economy. It explores the potential impact of increased tariffs on both economies and the importance of finding substitutes for imports and exports. The discussion also covers China's strong GDP growth and its negotiation leverage. Additionally, the video examines the implications of US pressure on China's 5G sector, considering the reactions of Western countries and the potential technological impact.

What is the US's strategy in the trade war with China?

• To negotiate a quick settlement with China

• To increase tariffs and find substitutes for Chinese goods

• To maintain current tariffs and focus on domestic production

• To decrease tariffs and rely on Chinese imports

How does China's GDP growth affect its negotiation position?

• It makes China more dependent on US imports

• It has no impact on China's position

• It strengthens China's position

• It weakens China's position

Which sector in China might be affected by US pressure on technology transfers?

• Agriculture

• 5G technology

• Automobile production

• Textile manufacturing

What could be a consequence of Western countries not adopting China's 5G technology?

• Western countries will lead in technology upgrades

• Asian countries may advance faster in technology

• Western countries will have better 5G alternatives

• There will be no impact on technology development

Why is the adoption of 5G technology considered a big deal?

• It impacts various applications like driverless cars

• It only affects smartphone technology

• It is not important for technological advancement

• It is only relevant to Asian countries