The current dispute between China and the United States
The current dispute between China and the United States now goes beyond trade wars and tit-for-tat-reprisals. The underlying driver now is competition for global technological power or supremacy. Ever since China emerged as a dominant nation on technology, the United States has remained under threat. This has further jeopardized the relationship between China and the United States. The current state between China and the United States can only be compared to the days of cold wars between the United States and the USSR. Since China’s technological advancement has become a threat not only to the United States but the world as a whole, United States should come to its teeth and explore possible ways of reclaiming back their superiority in the world of technology from China. This paper analyses the risks of strategic competition and potential remedies for mitigating the effects of China-US economic and technological confrontation by recommending strategies that the United States can apply to outcompete China in its technological advancement. Considering that China’s use of technology such as Artificial Intelligence and others may negatively impact the world, by utilizing appropriate strategies to outcompete China, the United States can save the world and its economy.
The technological dispute between China and the United States
The underlying cause of the ongoing war between China and America has been a race for international technological supremacy. Ever since he came to power, the US president, Donald Trump, has been raised several issues concerning the trade with the People’s Republic nation. President Donald Trump has blamed the United States trade deficit on Concluding naming China as the current currency manipulator ion the world. What this means is that China has become a threat to the economic prosperity of the United States. However, the heart of the current escalation of tariffs is policies and practices that have been developed by China concerning forced technology transfer, non-market distortions and intellectual property theft.
As China’s global influence expands, it is unlikely that Beijing would accept the current global standards and established institutions. China is likely to turn its ear against technological and economic standards that are widely practiced globally. The People’s Republic’s desire to become the only alternative champion of technology standard-setting has, however, remained unfilled. However, since it is geared toward leveraging on its technology, with time, it would likely become a dominant factor in the world of technology and economy as well. With time, China will achieve technological self-sufficiency that it has been longing for, putting the United States behind. In its policy towards nurturing innovations, China has embraced a unique approach to microeconomic engagements that differs significantly from that of the United States and other market economies. Currently, the People’s Republic is engaged in the globalization of technological innovations through imports and exports of high-tech products, R &D and global technological, scientific research and innovation.
Strategies US should embrace to counter China’s technological supremacy
Since China is becoming a threat to the United States and the world as a whole because of its use of technology in crucial sectors of the economy, there is a need for the United States to embrace strategies that would enable them out beat China. One such strategy is that the United States should copy the Peoples Republic tech strategy to remain top in the world. One way of doing so is by conducting a survey in China and having some US top-notch technologists recruited secretly in China’s industries. Here, they would be able to learn of some of the technology strategies that China uses to outcompete them then think of better ways of modifying them to beat China. This strategy may take time to be implemented, but it is worth it.
Also, the United States should utilize its research bases if it is to have dominion in technology over China. America has an innate advantage in technology over China because it has the most influential research base in the world. Besides, it has some of the leading technology companies the world has ever had and a culture of innovation that other nations find it had to match. However, it lags in public spending. For the last 15 years, the US spent over $2 trillion in Afghanistan rather than investing the money in infrastructure education and research.
In contrast, the People’s Republic invested a significant amount of money in the said period in technology, education and infrastructure. This was a great strategic blunder the United States has ever done. Hence, the United States needs to utilize its research bases by spending more on science and innovation in an attempt to revolutionize again and overcome China’s rise in the tech world.
Furthermore, the United States should rethink its relationship with its allies, especially the United Kingdom. The US should get its allies and trade partners to decouple from the People’s Republic from critical sectors of technology and security. Allies and partners always require a competitive advantage. For this reason, the United States can embrace a 5G network that is now being adopted in the US, where they will be having software suppliers outside China. They should also share intelligence information and ideas on better ways of strengthening their technology. This is the only way to block China from taking dominance over the global technology and economy.
Conclusion
Conclusively, it is accurate to assert that America competes with the People’s Republic, and this competition on technology is likely to intensify. By collaborating with its allies, utilizing its research bases and copying China’s tech strategies, the US will finally win the war against China. Becoming a tech champion in the world needs setting priorities and leveraging on the strengths of the nation and that is what the US should embrace.