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Giant CES Fair In Vegas Shows US Remains Too Big To Ignore For Chinese Tech Firms Even As Trade War Swirls

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steven36

Times are tough in 2019 thanks to the US-China trade war and an escalating war of words between Washington and Beijing over tech leadership Chinese companies at CES all agreed though that while the trade war has adversely impacted their business in the US, it remains a very important market

 

7211027

 

CES, the world’s largest client electronics commerce present held yearly in Las Vegas, has historically been an occasion for firms, from international names reminiscent of Sony, Samsung and Huawei to smaller Shenzhen-based suppliers, to indicate off their expertise, services – normally to an keen crowd.

 

It has even been known as the ‘Chinese language Electronics Present’ lately due to the growing presence of members from China.

 

However for Chinese language suppliers hoping to make use of the occasion as a technique to achieve new enterprise leads, occasions are robust in 2019 due to the US-China commerce struggle and an escalating disagreement between Washington and Beijing over management in a spread of innovative applied sciences and improvements, reminiscent of synthetic intelligence and 5G cell networks.

 

China cools on world’s largest tech present as commerce struggle bites

 

The US and China, the 2 largest economies on this planet, have slapped billions of {dollars} in tariffs on one another, sending markets reeling and commentators right into a frenzy over the long-term implications for US-China relations.

 

However on the Design and Supply tent, the place part suppliers set out their wares, it was extra quiet then ordinary as rows of Chinese  salespeople manning small cubicles stood forlornly in entrance of product shows, making an attempt exhausting to catch the attention of passers-by within the hope of snaring a sale.

 

Chinese  firms that the Publish spoke to at CES all agreed that the US-China commerce struggle has adversely impacted their enterprise with US clients, however all stated that whatever the lowering margins, the US market stays extraordinarily essential.

 

“We’re positively affected by the tariffs, in actual fact certainly one of our large US clients is shifting their manufacturing operations outdoors of China to Vietnam to keep away from a rise in the price of doing enterprise,” stated Yuki, a saleswoman from Dongguan-based Ruiheng Digital Co. Ltd., which manufactures energy adaptors and circuit boards.

 

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