US Has to Out Innovate China in Long Term Technology Competition

Next Big Future  May 30, 2019
China is seeking technological self-sufficiency and even superiority in key industries. It has concentrated military spending on advanced technologies. Its Belt and Road Initiative proposes a trillion-dollar investment program to project China’s influence across the world. According to Asia Times the US should offer an alternative Belt and Road Initiative to support the industrial and technological transformation of developing countries, Engineer brain drain from China, where top scientists, technologist and entrepreneurs are enticed to move to the US focus on new military technology, require semiconductors to be made at US-based fabs, recreate powerful corporate laboratories to win a very long innovation war…read more.