US-China tech war & rivalry

The race for the tech of the future

The US and China are ramping up competition to see who will the future of global technology

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Complaints of Chinese overcapacity and dumping may be useful in justifying US, EU subsidies and trade barriers but China’s success is really due to its innovation and scale.
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Despite US fears about an overcapacity in Chinese green teach, China’s market share of solar modules and electric vehicles is smaller than that of other competitors. “Cooperative competition” between manufacturers can help both countries synergize their green industry transitions.
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Well-designed policies that support innovation and technology diffusion more broadly can lead to higher economic growth across countries. Policies that limit rivals’ access to technology are hardly best for the world.
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