Caixin
Caixin Global – Latest China News & Headlines

Home >

ABOUT US

CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

LATEST
South Korean EV Battery-Maker’s Misconduct ‘Extraordinary’ Says U.S. Trade Agency
Xiaomi Breaks Into Top Three Smartphone Brands in Latin America for First Time as Huawei Falls
Trip.com Reports Quarterly Profit Despite Revenue Decline
India Tries to Attract Tesla with Incentives to Lower Production Cost
Taiwan's Acer says component shortage squeezes PC makers
Trending in China: Why Has Japanese Director’s Documentary on Huawei Gone Viral?
Pinduoduo Doubles Sale of Agricultural Goods in 2020 Due to Covid-19 Lockdowns
BAIC BluePark to Debut First Electric Vehicle Powered by Huawei Lidar Technology in April
Baidu Completes Registration of New Electric Vehicle Venture with Geely
China beats U.S. in patent filings for second straight year
Baidu to Help Chinese Energy Giant’s Push for Digitalization
Tencent Cloud Plans First Mideast Data Center in Bahrain
Chinese Carmaker Dongfeng Pilots Robotaxi Service in Wuhan
Trending in China: China Shows Love For Beijing-Born Chloe Zhao and her Historic Golden Globes Win
Tencent Invests in Tim Hortons as Canadian Coffee Chain Embraces Digitalization
ByteDance Seeks to Grow Online Education Business with New Recruitment Drive
Pinduoduo Faces Work Culture Questions After Staff Deaths
Investment Gains Boost Tesla Challenger Li Auto to First Profit
Geely-Backed Smart Vehicle Tech Startup Eyes Global Expansion With New Funding
Foxconn Deepens Push Into Electric Car Manufacturing with Fisker Partnership
China's Got More Competition Now as Info-Tech Exporter to the U.S.

By Bloomberg / Jun 19, 2019 09:05 AM / Economy

China’s still ahead of the pack as a supplier of information technology to the U.S., but the gap is starting to narrow.

Equipment that can process data faster and in larger volumes is key to innovation and productivity. The U.S. has been getting more of it from China than the next eight biggest exporters combined. But the latest data suggests that won’t be the case for long, as the U.S.-China trade war drags on.

Chinese sales to the U.S. in this category fell by $12.4 billion in the first four months of 2019, to an eight-year low of $35.3 billion -- though they’re still three times higher than the second-biggest supplier, Mexico.

Malaysia and Japan also saw a slip in their exports of advanced equipment to the U.S., while the biggest increases came from Vietnam, Taiwan and Korea.


Share this article
Open WeChat and scan the QR code