The U.S. and China are competing for global dominance of world-changing technologies. It's a pivotal moment. In the ebb and flow of history, economic powers shift from one country to the next.
The future of tomorrow is being driven by new economy breakthroughs and game-changing technologies that are being invented at a rapid clip.
As China seeks to grab tech leadership from the U.S., China technology benefits from massive government support pushing key technological sectors to be first in the world. Chinese startups have had the advantage of Silicon Valley venture capital funding their new ideas and scaling them to world-class, publicly traded tech leaders. Chinese tech companies have flexed their muscle by buying into America's frontier technology startups. Meanwhile, many American internet companies remain blocked in China or can't win against dominant Chinese competitors. It's no wonder that tensions are building over a trade and tech war between these two superpower nations. Read
As China Takes Aim, Silicon Valley Braces
for Pain: NY Times Clip with Silicon Dragon
"If China continues to push back, and we continue to push back, there will soon be dual technology standards," said Rebecca Fannin, author of the coming book "Tech Titans of China." "Prices will probably rise for components, which companies will pass along to consumers. But both sides will strengthen their innovation edge, and that helps the global economy."
Chinese robot kit startup finds a boost from US-China trade war.
Makeblock has replaced the U.S. chips it uses with ones produced domestically.
Bloomberg TV anchor Emily Changinterview: impact of US-China trade war on tech. "China-US trade war is just beginning," Rebecca A. Fannin, Silicon Dragon founder and author,Tech Titans of China.
Voice of America: Silicon Valley has long been a power center of American innovation. Now that high-tech is also becoming a focus of tensions between the U.S. and China, companies based in the Valley are trying to understand how they fit in.