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US-China economic rivalry

In May, China  banned US chip giant Micron Technology from selling its chips to key infrastructure projects, citing national security risks after United States and Its allies banning chips export to china. And in March, Chinese authorities raided the office of US corporate due diligence firm Mintz Group in Beijing and detained five local staff. Competition between the United States and China is not a “winner-take-all” scenario, US Treasury Secretary Janet Yellen said on Friday as the world’s two largest economies signalled that further talks may be in the pipeline amid a growing rift over a range of issues, including trade, technology and Taiwan. Who is the winner in this case ?

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