China leads US in global competition for key emerging technology, study says.

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China leads US in global competition for key emerging technology, study says.

03-01-2023, 11:36 PM

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China leads US in global competition for key emerging technology, study says

https://finance.yahoo.com

China has a "stunning lead" in 37 out of 44 critical and emerging technologies as Western democracies lose a global competition for research output, a security think tank said on Thursday after tracking defence, space, energy and biotechnology. The Australian Strategic Policy Institute (ASPI) said its study showed that, in some fields, all of the world's top 10 research institutions are based in China. The study, funded by the United States State Department, found the United States was often second-ranked, although it led global research in high-performance computing, quantum computing, small satellites and vaccines.
Tags: china vs usa

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