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China's strategy in trade war: Threat

Mint New Delhi

|

February 11, 2025

Chinese officials are building a list of U.S. technology companies that can be targeted with antitrust probes and other tools, hoping to influence the tech executives who are heavily represented in President Trump's orbit.

- Liza Lin & Raffaele Huang

People familiar with Beijing's strategy said the goal was to collect as many cards as possible to play in expected negotiations with the Trump administration over U.S.-China issues, including the tariffs that Trump has imposed on Chinese goods.

Beijing has already said it is investigating Nvidia and Google over alleged antitrust issues. Other American companies in its sights include Apple, Silicon Valley tech company Broadcom and semiconductor-design software vendor Synopsys, said people familiar with the matter. Synopsys has

a $35 billion acquisition awaiting approval by Beijing. China needs all the leverage it can get to hit back at the U.S., and antitrust is one of the most useful, said Tom Nunlist, a Shanghai-based tech policy specialist at consulting firm Trivium China.

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