China’s Tech Dominance: US Left in the Digital Dust, ASPI Reports
China now leads in 57 of 64 critical technologies, edging out the US, which dominates only a handful, including small satellites and quantum computing. According to the Australian Strategic Policy Institute’s Critical Technology Tracker, China’s rapid advancement poses potential monopoly risks in defense-oriented tech like drones and satellite navigation.
Hot Take:
It looks like China’s tech dominance has more categories than your favorite streaming service! The US might need more than just popcorn to keep up with this blockbuster performance.
Key Points:
- ASPI’s updated Critical Technology Tracker reveals China leads in 57 out of 64 tech categories.
- The US leads in only seven categories, including small satellites and quantum computing.
- China’s tech dominance covers defense-oriented technologies such as drones and radar.
- India ranks in the top 5 for 45 fields, and the EU collectively reduces monopoly risk in 30 technologies.
- The UK has slipped out of the top 5 in 8 categories since last year.
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