The Wall Street Journal admitted: The U.S. tried to take the lead over China in the technology race but failed!

Sanctions, blockades, and obstructions have only made China's pace faster!

An article was published in The Wall Street Journal on May 31st.

Observer Christopher Mims acknowledged China's leadership in fields such as artificial intelligence, energy, autonomous vehicles, drones, and electric vehicles.

"The U.S. has tried almost every method to win the technology race with China, so far nothing has worked."

Mims pointed out that China's electric vehicles are "cheaper and better in many ways than those in the U.S."

China accounts for the largest share of "world solar panel and battery production."

Tesla and Waymo (an Alphabet subsidiary) are far behind Chinese autonomous vehicle manufacturers.

Mims also said: "Although the U.S. and its allies maintain a slight advantage in advanced microchips and artificial intelligence, China is narrowing the gap at an unprecedented speed."

White House officials almost unanimously support banning exports of microcircuits and equipment used for artificial intelligence to China, thereby hindering China's technological development. As a result, this has stimulated China to develop its own technological ecosystem faster, while having a negative impact on the U.S. itself, which is borne by NVIDIA.

The experts interviewed by Mims stated that China possesses a unique combination of assets that no country that has engaged in a trade war with the U.S. has.

"China's large population has received good education... NVIDIA's CEO has repeatedly stated that half of the world's AI engineers are in China: China has a huge domestic market, allowing companies to upgrade domestically before entering the global market. Although China still relies on raw materials and specialized goods from the U.S. and other countries, this dependence is decreasing due to China's sustained, organized, and well-funded efforts toward technological self-sufficiency."

This is an advantage that the U.S. and Western countries can never possess.

Original source: https://www.toutiao.com/article/1833680420336648/

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