South China Morning Post on Nostr: China, US locked in lose-lose tech battle whoever wins White House, experts say ...

China, US locked in lose-lose tech battle whoever wins White House, experts say
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The US-China tech rivalry is expected to intensify post-November 2024 election; Donald Trump claims to have taken 'billions and billions' from China through tariffs; Kamala Harris promises to ensure 'America – not China – wins the competition for the 21st century'; US has tightened technology transfer restrictions; Huawei and ZTE banned in the US; China invested nearly 690 billion yuan (US$97 billion) in chip industry since 2014; Analysts predict a peak in confrontation during the next US president's term; Both candidates intend to continue technology curbs on China; Six of the top 10 rising AI institutions from 2019-2023 were in China; US strategy aims to limit technology transfer while China seeks self-sufficiency.

#UschinaRelations #Technology #Ai #QuantumComputing #Tariffs #Geopolitics #Biden #Trump #Harris #Semiconductors

https://www.scmp.com/news/china/diplomacy/article/3281480/china-us-locked-lose-lose-tech-battle-whoever-wins-white-house-experts-say