China vs USA – Clash of the Titans continues this week on FOREIGN CORRESPONDENT
By the end of this decade, China is expected to take control of America as the world’s largest economy.
The rivalry between the world’s two greatest superpowers has never been so intense.
“China and other countries are getting closer together quickly. We must develop and dominate the products and technologies of the future, ”warns US President Joe Biden.
The two countries are still reeling from the fallout from the trade war. When Trump imposed a tariff on a list of Chinese imports in 2018, China responded to tariffs on American products.
Presented by Bill Birtles, this second episode of Clash of the Titans explores the emerging and critical battlefield of technology.
Traditionally, the United States has had the edge here, home to the most successful and innovative tech companies like Facebook, Google, Tesla, and Apple.
But China is quickly catching up, investing heavily in areas such as robotics, artificial intelligence, 5G and 6G, and surveillance technologies.
“In these difficult situations under sanctions, we still shipped 240 million smartphones, and have become the world’s second largest smartphone maker,” said the CEO of Huawei.
The United States has long accused China of stealing its intellectual property, of copying, not of innovating.
But in Shenzhen, China’s Silicon Valley, energy and creativity are everywhere. China now files more patents than the United States, many of which come from start-ups in Shenzhen.
“The common misconception in China is that this is a big factory,” says US entrepreneur Garrett Winther. “In reality, there is a lot of expertise, knowledge, understanding.
English engineer Xiong Chang, who is developing a robot to help farmers remove weeds, says the speed at which things are happening in Shenzhen gives him a huge business advantage.
If he needs a replacement part, he can get it “in a matter of hours rather than days of waiting.”
“It’s really true what they say. One month in Shenzhen is similar to four months elsewhere.
The United States is fighting to stay in the race, with President Biden backing a bill that will invest billions in tech research and the semiconductor industry.
“As other countries continue to invest in their own research and development, we cannot risk falling behind. America must maintain its position as the most innovative and productive nation on the planet. “
“The United States has repeatedly tried to contain and impose sanctions on China. We not only survived but also prospered. And our way forward is even brighter, ”said Le Yucheng, Chinese vice foreign minister.
Watch Clash of the Titans Episode 2 on Foreign Correspondent – Thursday July 8 at 8 p.m. on ABC TV + ABC iview.
You can watch reruns on Friday at 1 p.m. (local) on ABC TV and on ABC NEWS on Friday at 12:30 a.m., Saturday at 9:30 p.m., Sunday at 1:30 p.m. and 6:30 p.m. (every hour AEST).