Scott Kennedy on China’s ‘slow tech dragon’ and 2 more Xi-Trump meetings

The ongoing US-China summit reflects a steady-state relationship rather than a breakthrough. Scott Kennedy notes a continuation of existing dialogues, not a significant step forward. This suggests that the broader tech policy landscape will remain largely unchanged for Asian firms. Companies operating across both markets still face persistent geopolitical friction.

For Asia's tech sector, this means continued pressure on supply chains and market access. Chinese tech firms, in particular, will likely see sustained scrutiny from US regulators. This impacts companies like Huawei and SMIC, which navigate export controls. Southeast Asian manufacturers could benefit from diversification efforts, but the core US-China tech rivalry persists.

The key thing to watch is any shift in rhetoric or policy from either Washington or Beijing in the next 12 months. Without clear new directives, companies should plan for the status quo. Incremental policy adjustments will shape market conditions more than any grand reconciliation.