His observation is spot on. Trade war is going to get worse. China should focus on global south market, that's where the real battle will happen. China should replace the US as main supplier of hi tech to global south, and also replace US as the destination market for the global south export. Once China manage to do that, China will win the trade war. The US companies depend on the global south market to fund their companies to fight off Chinese rivals. Losing those market, will make the US companies losing the source of growth. Just like China growing dominance in legacy chips will take away the important source of revenue for established chips companies to finance their R&D and their growth expansion.