Washington’s efforts to restrict Chinese access to critical technologies seem to have failed, with the launch of Huawei’s new 5G smartphone. What is striking about the Mate 60 Pro is that besides its primary 7nm processor, many of its auxiliary chips are also made in China.
De-dollarisation is gaining momentum as more countries voice concerns about the US currency’s dominance in the global financial system and its use as a tool for exerting influence.