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The Undeclared U.S.-China Technology War

Mount Equity Group Tokyo Japan > News > Markets > The Undeclared U.S.-China Technology War

What If China Wins The Fight For Technological Superiority? – For some years now, an undeclared war has been going on between the United States and the People’s Republic of China. Unlike the current conflict between Russia and Ukraine, this war is not about territory. Rather, it is about acquiring advantages in a set of key technologies such as artificial intelligence (AI), machine learning (ML), 5G, cloud and quantum computing, cybersecurity, microelectronics, and extended reality.

The Chinese Communist Party has a plan to win this war based on creating and supporting a set of so-called national champions. Unfortunately, the U.S. Congress is pushing anti-trust legislation that would needlessly damage our tech sector, while potentially handing China a permanent technological advantage. If China wins the fight to dominate these key technologies it will undermine the freedoms enjoyed by the American people, weaken this country…

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