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home / news releases / UFO - The China-U.S. Tech Rivalry: Beyond Doom And Gloom


UFO - The China-U.S. Tech Rivalry: Beyond Doom And Gloom

By Lei Qiu

Even as the coronavirus dominates headlines about China, the tech war with the US has rumbled on. Despite the fallout that has rippled through US tech stocks, investors should consider the fringe benefits to certain parts of the sector.

Technology companies are facing daunting conditions amid tense US-China relations. The phase-one trade deal in December hasn't quelled the intensifying struggle for tech supremacy between the two countries. Beyond just tariffs, the gloves-off tactics by the Trump administration also include blanket bans on specific technology companies, such as the US blacklisting of exports

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Stock Information

Company Name: Procure Space ETF
Stock Symbol: UFO
Market: NYSE

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