KEY POINTS
- The U.S. and China’s competing ambitions for tech dominance could undermine a possible detente in the countries’ trade war.
- Boston Consulting Group’s chairman told CNBC the emergence of two, independent technology worlds from the U.S. and China remains a possibility.
- Such a split could see technologies such as the internet, or “splinternet,” governed by different regulations in different jurisdictions.
The trade war may or may not be on hold, but the tech war shows no signs of abating.
U.S. President Donald Trump and Chinese President Xi Jinping offered international observers reassurances over the weekend that they could be moving closer to resolving their trade dispute after agreeing to a freeze on any further tariffs.
However, further frictions are to be expected, according to the chairman of Boston Consulting Group — not least in technology.
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