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US Has to Out Innovate China in Long Term Technology Competition

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. What is China’s grand design, and how should the United States respond to it? China has ripped out the old developing world economy and creating a technological economy. The Belt and Road is offering that technological transformation to other countries in exchange for joining China’s economic bloc. China’s debt is owed to itself and the funds were used to build out its infrastructure. China

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