China is ramping efforts to topple America’s high-tech dominance. Beijing wants to take the lead in an array of advanced technologies, ranging from artificial intelligence to medical equipment. It faces challenges, of course, but it is methodically gaining ground on the U.S. and developed nations. Whether China succeeds or fails at its lofty goals, ripple effects will continue to sweep across the globe. The most innovative U.S. companies along with U.S. tech experts are sounding the alarm about China’s growing aspirations.
The technologies in China’s crosshairs require massive amounts of capital, research and innovation. In addition to AI and medical gear, there’s also industrial robots, electric vehicles, aerospace equipment, satellites, electric power equipment, telecom gear and agricultural machinery. “Today the China challenge is pointed directly at U.S. advanced industries, many of them critical to our defense industrial base,” writes Robert D. Atkinson, president of the Information Technology and Innovation Foundation, in a recent article. Continue reading “China’s Mounting Tech Ambitions Target U.S. Leadership”
2049 will mark the 100th anniversary of the Communist Party’s rise to power in China: A century marked by violence, revolution and, ultimately, reinvention, as the country slowly embraced capitalism and opened to the world (but without embracing democracy).
2049 is also the year by which Beijing wants to surpass the United States as the world’s greatest power both economically and militarily. And China is already well on its way to achieving this goal.
Continue reading “China Dream: Beijing Charts Path to Achieve Superpower Status, Overtake U.S.”
The foundation for China’s relentless drive toward increased global influence is straightforward: Gain a dominant position in key economic sectors and leverage that into far-ranging political sway. Beijing is brimming with ideas for achieving that goal and is making progress in doing so.
By any realistic assessment, China is on course to succeed the United States as the world’s top economy. Consider this: China has only to sustain growth in its national economic output, or GDP, at a 6.5% annual rate versus the U.S.’s 2% – about the pace at which each economy has been expanding recently – and it will overtake the United States as No. 1 sometime between 2025 and 2030. After four decades of astonishingly brisk expansion – topping 10% a year for much of that time – China already is “the world’s factory,” and now the manufacturing dynamo is preparing to branch out into sophisticated fields from robot technology to ramped-up computer chip making. Continue reading “China’s Vast Geopolitical Visions Come Into Focus”