US-China tech war & rivalry

The race for the tech of the future
Register and follow to be notified the next time content from US-China tech war & rivalry is published.
The US and China are ramping up competition to see who will the future of global technology...more
Latest News
Far from frantic, the boycott movement is reasoned, controlled and firmly aligned with China’s vision of its tech-empowered economic ascendancy. Nike is protected from wrath for now because it fills a gap in wearable tech in China’s value chain, especially ahead of the Olympics – unlike H&M.
With China accelerating past the US in 5G deployment, the Chinese consumer internet could be viewed as a new investment ‘time machine’. Betting on firms copying successful China models could prove a lucrative strategy.
Reports that top diplomats from China and the United States may meet soon offer hope of an easing of tensions and a better understanding between the two nations.
The US likes to claim it is the world’s greatest democracy and engine of wealth – gospels which must be spread around the world. Current news headlines say otherwise.
SCMP ColumnistAlex Lo
Other countries prefer to stay neutral amid the intense jockeying for influence between China and the US. The only way they can achieve that is to join hands in pushing back attempts by either power to use them as a pawn against the other.
China’s economy is surging while the rest of the world struggles with the pandemic. Even so, China’s demographic time bomb, an only partially liberal financial market and systemic weakness in frontier science and technologies threaten its rise.
Foreign multinationals are coming to the realisation that China is not simply a market where profit can be made but rather is increasingly a place where new knowledge and competitive advantage for companies can be obtained. Its resilience is a result of its governance model, combining efficient top-down planning by the central government with dynamic, innovative entrepreneurship.
While the US strategy paper regurgitates the views of Trump-era China hawks, wiser counsel says the US should learn to live with a competitor, writes Wang Xiangwei.
SCMP ColumnistWang Xiangwei
In spite of hostilities between the US and Soviet Union, professional communications were maintained and strengthened through verifiable confidence-building measures. Beijing and Washington should seek to do the same.
Unless the West goes back to the racial tribalism of the last century, a unified Western strategy against China is not morally and practically sustainable. China should continue to control its hubris as there is no reason to panic, either from a democratic alliance or an ‘Asian Nato’ meant to strangle China.
The US cannot withdraw from global leadership and refuse to allow anyone else to take its place. If it wants to reclaim and retain its position, it must tackle inequality and the costs of globalisation – or risk a second Trump.
View all