For subscribers
Trying to kill Chinese tech only makes it stronger
China trails behind the US on R&D, but it is getting a phenomenal bang for its buck.
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Given the support for R&D in the Inflation Reduction Act, it’s possible that America’s lead over China is, if anything, widening.
PHOTO: REUTERS
David Fickling
In trying to block China’s climb up the ladder of technological sophistication, the US may inadvertently be giving its rival a hand up.
Consider a speech made by Premier Li Qiang at last week’s World Economic Forum
