The United States and China are in an arms race. Not the familiar military-strength arms race from years past, but still an arms race that will have a profound impact on the two superpowers in the foreseeable future. The Chinese government is throwing its full authority and considerable resources at developing the coveted 5G wireless technology of tomorrow.
The U.S. trade deficit fell for the second straight month in February, and the politically sensitive deficit in the trade of goods with China narrowed. The Commerce Department said Wednesday that the gap between the goods and services that the United States sells and what it buys from the rest of the world dropped 3.4 percent to $49.4 billion in February, the lowest since June.
Countries around the world are still awarding Huawei contracts to develop 5G networks, despite repeated warnings and pressure from the U.S to ban the equipment maker. The Chinese telecom giant has won more than 18 new 5G commercial contracts in the past five months, half of which come from Europe, according to data Yahoo Finance compiled from Huawei announcements. With 40 commercial contracts in total, Huawei is leading 5G installations worldwide.
Threats facing the United States are both known and unknown, dynamic and significant. China and Russia, competitors for global military and technological dominance, no longer trail the United States in developing and acquiring military capabilities. They are beginning to take the lead in strategic domains such as hypersonics, space and cyber warfare.
“Think about going from a garden hose with a weak pump to a fire hose,” former House Intelligence Committee Chair Mike Rogers (R-MI) said at discussion recently hosted by the Heritage Foundation, entitled “China, 5G Technology and Global Security.” The promise of 5G is exponentially higher speeds than 4G. In the U.S., major carriers such as Verizon and AT&T are doing limited rollouts in select big cities but full-bore, widespread 5G won’t arrive until 2020.
The U.S. and Japan have deployed an unprecedented amount of resources to search for the wreckage of a Japanese fighter jet with advanced technology that could potentially tip the balance of air supremacy if Russian or Chinese forces find it first. Ever since the Aichi Prefecture-made F-35A stealth fighter disappeared from radar off the Japanese coast Tuesday, the Japan Air Self-Defense Force and U.S. military have scrambled planes and ships in a frantic search in the Pacific Ocean for the wreckage and the jet's pilot, Major Akinori Hosomi, who is still missing.
U.S. intelligence has accused Huawei Technologies of being funded by Chinese state security, The Times said on Saturday, adding to the list of allegations faced by the Chinese technology company in the West. The CIA accused Huawei of receiving funding from China's National Security Commission, the People's Liberation Army and a third branch of the Chinese state intelligence network, the British newspaper reported, citing a source.
In the ’50s and ’60s, the US and the Soviet Union were locked in a race to send astronauts into space. The decade ended with a US victory, as it landed the first man on the moon in 1969. But now some want the space race to make a return. This time, the US is confronting another nation it sees as a rival: China, whose huge investment in technological innovation could potentially lead it to surpass the United States.
Jeff Ding, a researcher at the University of Oxford who studies China’s AI development, shared some recent reflections on the most important things he’s learned in the past year. They offer a great snapshot into the current state of the industry
If China were only a copier, then the competitive threat to advanced economies would be limited. But there is no reason to believe China won’t follow the path of “Asian tigers” that rapidly evolved from copiers to innovators, which poses a serious threat.