Well,´here are two sorts of reports about the potential developmenent of the Chinese and US hi tech industry and the trade war: If you read the Strait Times and the SCMP everything is fine with China, whlle if you read the Asia Times then China might loose more in the hi tech trade war than the US. If you read the Singaporian Strait Times which is very pro-Beiing as an ASEAN country after their report about semiconducctor industry and the monopolization of this high tech sector by some sort of OSEC ( Organiianzation of Semicuctors Exporting Countrie() which are a trio between the USA, Japan and the Netherlands, TSMC and ASML and besides all their efforts to contain the Chinese hi tech development which would have no results and after the mouthpiece of the Communist Party of China the South China Morniíng Post after the toppling of Jack Ma in the Alibaba group who owned that paper claimed that Xi was standing with his feets on the ground and wouldt be influenced by collective yes- sayers around him and therefore develop China in a progressive way, the Asia Time has a different story on the alleged successes from China. They quote a study published by Chinese academics who doubt Chinese potential for the high tech and AI sector and even more. and thereby want to be heard at the upper echelon and by Xi and his ignorance about the real stituation of the Hitech message is China could loose more in a hitech war than the USA. So we quote on September 29 last year, US Trade Representative Katherine Tai and Secretary of State Antony Blinken, together with European Commission executive vice-presidents Margrethe Vestager and Valdis Dombrovskis, held the first meeting of the EU-US Trade and Technology Council in Pittsburgh.
The report, released at a sensitive time when the US was reviewing China’s commitment to the 2020 trade deal, was removed from the internet on Thursday after media from Hong Kong, Taiwan and the US reported it.
Some commentators said Beijing did not want to see any publications saying China would lose in a technology war with the US.
Since the Trump administration took office in early 2017, the US government has launched restrictions and imposed sanctions against Chinese technology companies.
The so-called US-China technology war escalated as Huawei’s chief financial officer Meng Wanzhou was arrested in Canada in December 2018 for allegedly breaking American sanctions on Iran.
Although Meng was released last September, the technology war between the two powers has not ended.
The council aims to protect EU-US businesses, consumers and workers from unfair trade practices, in particular those posed by “non-market economies” that are undermining the world trading system.
The US also planned to set up a Democracy Technology Alliance with key democratic allies amid China’s rise in high-technology sectors. Last December, US President Joe Biden hosted a democracy summit with more than 100 countries and places, including Taiwan, Japan and South Korea, but did not invite China, Russia or Singapore.
On January 30, Peking University’s Institute of International and Strategic Studies published a research report titled The strategic competition between the US and China in technology areas: analysis and outlook.
The drafting of the report was planned by Wang Jisi, the head of Peking University’s Institute of International and Strategic Studies and a professor at the university’s School of International Studies, and done by five other researchers and PhD students.
According to the report, in recent years China has caught up with the US in terms of the number of scientific papers, but has significantly lagged behind the US in terms of the number of citations and originality.
China’s investments in fundamental scientific research have also been far lower than those of the US.
By 2025, the number of PhD students who studied science, technology, engineering and mathematics (STEM) subjects in China will be double that of the US, but many of the Chinese graduates will choose to stay and work in the US, said the report.
China has only started catching up in the AI sector over the past three years, while the US has already become a top education hub for those who want to study AI. At present, 34% of China’s top students in AI subjects have been staying in China, while 56% have moved to the US.
Also, 88% of Chinese students who studied AI subjects in the US have chosen to stay in America, while only 10% have returned to China.
The report said China had surpassed the US in terms of the number of patent applications, but the country’s patents had lower quality and transformation efficiency and narrower coverages across different areas than those in the US.
It said China had an advantage in 5G, harbor machinery and transportation industries, but lagged behind the US in the biotechnology, agricultural science, fine chemicals, industrial software, semiconductors, medical equipment and aircraft engine sectors.
It said the two powers had their own advantages in the computing, quantum information and AI sectors.
“The current US administration has not yet fully defined how the US will decouple from China, but it has formed some consensus on this topic in the semiconductor manufacturing and AI sectors. The US will only link with China in low technology and low value-added industries,” said the report, adding that the establishment of the Democratic Technology Alliance would further suppress China’s development.
“Both the US and China will be hurt by the decoupling, but now it looks like China will lose more.”