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Extra portion of chips
WILL PODMORE applauds a comparative study of the US and China that shows why a capitalist economy cannot compete with a planned economy
Guanghua Building, Fudan University, Shanghai, China [Pic: Whw/CC]

China and America’s Tech War from AI to 5G: The Struggle to Shape the Future of World Order
AB Abrams, Lexington Books, £96

CHINA has major advantages in five key broad areas of technological competition with high strategic and economic significance — artificial intelligence, quantum computing, green and nuclear technologies, telecommunications and semiconductor chips — due to its greater home market scale, flexible regulatory environment and faster product integration loop.

China is the world’s largest overall (public and private) R&D investor. And China is not producing copies, as is commonly alleged: China files nearly half all the patent applications submitted worldwide. 

The unaffordability of higher education in the United States means that fewer US citizens are going to university, but in China the numbers receiving higher education are rising fast. In 2013, 40 per cent of Chinese students graduated in STEM subjects, under 20 per cent in the US. 

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