As China’s wealth has grown, so has its sophistication at currying favor in Washington and among the American elite. Both the Chinese government and Chinese companies, often with close state ties, have retained lobbying and public-relations firms in the Beltway, in some cases hiring former U.S. officials as personal lobbyists.
“You only ignore China now at your peril,” said Gary Rieschel, founding managing partner of Qiming Venture Partners, and an investor with two decades of experience in China. “What’s going to happen when China innovation goes around the world? U.S. firms are going to struggle with that if they don’t have a good handle on it.”
The ranking placed China at No. 17, up five positions from 2017, and marking the first time that the Asian country finished in the GII's top 20. The U.S. was ranked sixth, down two positions from last year, while Switzerland topped the GII ranking for the eighth year in a row.
China’s systematic technology transfers through industrial espionage, state-sponsored theft and infiltrating academia are acts of war and should be combated aggressively, experts and members of Congress said Thursday.
Beijing doesn't want to go to war, a top CIA expert on Asia said, but the current communist government, under President Xi Jinping, is subtly working on multiple fronts to undermine the U.S. in ways that are different than the more well-publicized activities being employed by Russia.
In its quest to offset U.S. techno-strategic advantages, China aspires to emerge as a “science and technology superpower” and leap ahead in quantum science through a new national megaproject. From the launch of the world’s first quantum satellite to setting a new world record with the entanglement of eighteen qubits, which reflects notable progress towards a future quantum computer, China’s advances are impressive.
China and Korea are more prepared to deploy 5G than the U.S. is, according to a report conducted by Analysys Mason and Recon Analytics and commissioned by trade association CTIA. Report authors developed a “5G Readiness Index” based on how nations are allocating 5G spectrum and shaping policies related to infrastructure deployment.
In testimony before the House Committee on Foreign Affairs, ITIF President Rob Atkinson stated that China is seeking global technology dominance in an array of advanced technology industries through an unprecedented array of predatory economic and trade policies and practices, including theft of U.S. technology and coerced transfer thereof.
The Trump administration on Friday officially lifted the ban on U.S. companies selling to Chinese telecommunications giant ZTE after it reached an agreement to revive the business.
A major element of China's continent-spanning Belt and Road Initiative has nothing to do with roads, ports or power plants. Rather, the "Digital Silk Road" aims to construct communications networks across the developing world. Many fear Beijing could use those tools for electronic surveillance.