The U.S.-China relationship is ‘a little bit frosty’: Michael Dell

Dell Technologies Chairman & CEO Michael Dell joins ‘Influencers with Andy Serwer’ to discuss the U.S. relationship with China.

Video transcript

ANDY SERWER: I want to ask you about China, which is cracking down on their big tech companies while building up advanced manufacturing at the same time. The US Senate passed a $250 billion bill in July that would invest in our tech competitiveness. What do you think or where do you think-- excuse me-- things stand between the US and China in terms of technology?

MICHAEL DELL: Well, it's kind of frosty, Andy, you know. [LAUGHS] The relationship is a little bit frosty at the moment. And we could be heading toward a bipolar world. And you know, that creates certainly challenges. I think it's great that the US is now starting to focus on some of these forward strategic industries.

For decades, there's been zero industrial policy. It was kind of a dirty phrase, you know. Nobody wanted to talk about industrial policy. But when you have an incredible nation like China deterministically investing in these strategic industries and the US doing absolutely nothing, you know, and sort of getting hollowed out in areas like semiconductors, that's a real danger. And we're kind of seeing that.

And so I think it's great that the US is now focused on this. Hope it's not too late. I'd-- you know-- like to see the same in the EU as well. And you know, it's about-- it's about time.