Last year, for example, Microsoft researchers proclaimed that the company had created software capable of matching human skills in understanding speech. Although they boasted that they had outperformed their United States competitors, a well-known A.I. researcher who leads a Silicon Valley laboratory for the Chinese web services company Baidu gently taunted Microsoft, noting that Baidu had achieved similar accuracy with the Chinese language two years earlier.
Last year, India had the most graduates of any country worldwide with 78.0 million while China followed close behind with 77.7 million. The U.S. is now in third place with 67.4 million graduates, and the gap behind the top two countries is widening.
On a deal-by-deal basis, some foreign direct investment from China is a net positive for the U.S. economy. But at least one-third comes from Chinese state-owned enterprises, and it is likely that considerably more is guided and supported by the Chinese government as part of an “indigenous innovation” strategy that employs mercantilist policies and specifically targets sectors that are strategically important for U.S. national security or economic leadership.
China’s largest chip maker has announced it will invest $30bn to build a new semiconductor factory, as the world’s second largest economy seeks to reduce its dependence on foreign technology. The state-owned Tsinghua Unigroup will open the facility in the city of Nanjing in eastern Jiangsu province, where it will mainly produce chips used in consumer electronics such as cellphones, cameras and computers, according to a statement posted on the company’s official website.
It's been six years since Google left China, and the world’s second-largest economy remains a tough market for multinationals. Fellow tech giants Apple, Microsoft and Facebook continue to battle with regulatory hurdles, censorship, intellectual property challenges and other restrictions.
A White House report has warned that Chinese industrial policies pose a real threat to the US semiconductor industry. The report, submitted before US President Barack Obama by the President’s Council of Advisors on Science & Technology (PCAST), argues that the US semiconductor industry needs to innovate and run faster in order to mitigate the threat posed by Chinese industrial policy and strengthen the country’s economy.
The technology that went into China’s new J-20 jet fighter was stolen and diverted from export licenses the Commerce Department issued over a decade ago despite Defense Department objections, former Pentagon official Michael Maloof told RT’s Ed Schultz. The US, Russia and China are in an expensive technological race to achieve global air superiority.
Industrial innovation has slowed down in the United States mainly because of imports from China, according to a recent study. The findings of the study support President-elect Donald Trump’s negative stance on free trade and globalization. But can Trump’s tougher trade policies alone help bring innovation back to the United States?
When it comes to the idea of getting tough on China, Donald Trump is looking more and more serious. On Wednesday, Trump announced the creation of the White House National Trade Council and said it would be headed by Peter Navarro, an outspoken China critic and author of "Death by China."