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US Efforts to Contain Xi’s Push for Tech Supremacy Are Faltering
(www.bloomberg.com)
I don't see how China can be prevented in becoming a global leader in many or even most industries and technologies. The more important they are, the greater the likelihood that China will take the lead, because they will make greater effort.
As I see it, China has the economy, educational system, people and leadership to achieve it.
USA has better economy, but lacks in leadership, and can't even maintain their infrastructure properly.
India has similar population, but is behind on economy and education.
Europe lacks in population and leadership, and is somewhat hampered by language barriers.
The only way to prevent Chinese dominance in the future, would be for USA, EU and allies to pull together. But there is zero political commitment in that direction, and with the election of Trump, I don't see that changing for at least the next 4 years. And without it, China will soon become undisputed economic industrial and technological leader of the world, because they have ALL the necessary ressources, and make the necessary political decisions followed up with economic incentives.
China is doing this in every key area, while USA is trying politically only in ONE SINGLE AREA!! (chips)
There is no doubt who has the political leadership for the future.
PS:
I am absolutely not a fan of China and their 1 party system, or their foreign policies ATM, they have become more aggressive in international politics and against their neighbors.
I am warning against letting China get too far ahead, just like we were many that warned about Trump. And probably with the same result.