Tuesday, August 18, 2020

Dilip Hiro — Donald Trump Is Losing His Tech War with Xi Jinping

Backgrounder on Chinese tech. China is way bigger than the US — the market numbers are astounding.  They are also a lot more focused, and they have a plan. Looks to be working. 

The US is getting worried that it may no longer be #1 — by many metrics this is the case already. The numbers suggest the US is losing its competitive lead.

And the US is (fill in the blank) because the Chinese government is providing venture capital, improving STEM education, building infrastructure, and, of course, building a state of the art military. 

3 comments:

Peter Pan said...

Political posturing on trade does not amount to a tech war. As usual, there is money to be made.

Matt Franko said...

Yeah.... and that munnie is called the USD....

Kaivey said...

Excellent article! It came at the right time yesterday when I was debating with the Anti-China xenophobes.