Sino-US competition is reshaping the global technology landscape, and Europe's prospects are not optimistic.

Europe may become increasingly in decline! In the Sino-US rivalry, many people believe that the outcome of the Sino-US competition will inevitably result in a winner and a loser between China and the United States. However, in fact, China and the United States will not have a clear winner or loser. Instead, both China and the United States will become stronger, while other countries outside of China and the United States may become weaker. Why is this the case? It's because the United States is now making every effort to contain us, for example, in the chip industry.

What is the result? The result is that we used to not produce high-end chips or advanced lithography machines, but under the pressure from the United States, we had to start producing them. And the United States wants to build a chip hegemony, so it will certainly make its allies transfer resources to the United States. Therefore, the U.S. chip industry will not weaken, but will become stronger. Similarly, because of our massive investments, our chip industry will become increasingly stronger.

What is the final result? The final result is that TSMC will be squeezed out, and European lithography machines will gradually lose their competitiveness. For example, in the field of artificial intelligence, China and the United States are investing heavily, and currently, there is a situation where China and the United States are chasing each other in the field of artificial intelligence, while the presence of countries such as Europe and Japan is almost invisible. Another example is the aerospace field, where only China and the United States have the ability to become leaders.

The more China and the United States compete, the stronger their strength will become, and the industrial chain will become increasingly centered around China and the United States. Non-China and non-U.S. industrial chains will either fail and exit the competition, or become part of the China-U.S. industrial chain. From this perspective, the future of Europe is indeed very bleak. Nowadays, Europe is increasingly unable to lead in cutting-edge technology, and its competitiveness is getting weaker and weaker. The United States competing with us will further drain Europe. Therefore, in the future, the weight of Europe in the world will become lighter and lighter, and Europe is in decline.

Original article: https://www.toutiao.com/article/1837952482334729/

Statement: This article represents the personal views of the author.