US-China tech war & rivalry
The race for the tech of the future
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The US and China are ramping up competition to see who will the future of global technology
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The plan’s watering down of America’s antagonism towards China bodes well for both nations and the world.
US debate over how to contain China’s tech development is irrelevant as Chinese domestic industry development has already taken full flight.
Unless the two superpowers reach a long-term solution to trade tensions, smaller companies and economies will get caught in the crossfire.
SCMP ColumnistAlex Lo
The real China threat is in exposing America’s AI myths by showing what can be achieved at much lower costs and with greater efficiency.
What has become evident is that the US needs other countries to agree to its plans and help enforce them, while China is strong enough to act on its own.
Years before Washington would target Beijing’s tech industry, the Chinese leader unleashed the country’s scientific potential.
SCMP ColumnistAlex Lo
While China has expressed optimism in working with the European Union, grievances over trade and geopolitics still linger.
In seizing control of the Chinese-owned chipmaker, the Dutch government has triggered the kind of supply chain disruptions it apparently wanted to avoid.
It’s hard to tell who will ultimately win the tech race but this year’s Nobel economics prize gives us some clues.
SCMP ColumnistAlex Lo
China’s export control regime on rare earths isn’t retaliation for recent US restrictions – it’s a response to overall US policy.
Washington blames Beijing for being unreliable but, for Chinese policymakers, export controls are merely a response to US trade provocations.
SCMP ColumnistAlex Lo
Tariffs may not rise as high as before, but the real damage is that Beijing will find it harder to put faith in what Washington promises.
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