Reference News Network, February 20 report: On February 16, the U.S. Consumer News and Business Channel website published an article titled "China's Tech Shock Threatens America's Monopoly in Artificial Intelligence, and This 'Is Just Beginning'." The author is Shaunda Baimia. The article excerpts are as follows:

China's rapid development in artificial intelligence will shake America's dominant position in this field. Analysts say that a tech shock is just beginning.

Rory Green, chief China economist at the UK TS Lombard Global Macro Research, said on February 16 during the "European Financial Forum" segment of Consumer News and Business Channel that America's so-called monopoly in technology and artificial intelligence has already been broken by China.

Green said, "I think China's tech shock is just beginning. It's not only artificial intelligence, DeepSeek, and electric vehicles, but China is also rapidly climbing up the value chain... This is the first time in history that an emerging market economy is standing at the forefront of science and technology."

Green said that with its vast supply chain, China combines mainstream market technologies with the low production costs of emerging markets. He also said that this powerful combination is rapidly accelerating China's technological development as Chinese leaders continue to invest funds in these areas.

In fact, last year Beijing quietly launched a national AI fund worth 60.06 billion yuan and released plans for implementing the "AI+" initiative to promote the integration of AI technology into all aspects of the economy, industry, and society.

In the AI race, China is rapidly catching up with the United States, especially through Huawei's large chip cluster and abundant low-cost energy, developing advanced models powered by domestic chips.

Although the U.S. chip giant NVIDIA is considered the "gold standard" in semiconductors for training AI models, Huawei is narrowing the gap by deploying more chips and using cheaper energy to expand computing scale.

Green explained that it's easy for "China's tech circle" to form because the low-cost technology products China provides may be more attractive to developing economies.

Green said, "China is the number one trading partner for many countries around the world, especially in emerging economies and frontier market economies. What would happen if this situation were to repeat itself in the tech sector?"

He said that developing economies without national security interests related to China face a choice between "low-cost Chinese technology, Huawei, 5G, batteries, solar panels, AI, and possibly some low-interest RMB financing," and "high-cost Western alternatives."

He also said, "For these economies, I think the choice is quite simple. It's not hard to imagine that in the next five to ten years, perhaps most people around the world will use Chinese technology stacks."

Additionally, in January of this year, Demis Hassabis, CEO of Google DeepMind, one of the leading AI laboratories globally, revealed that China's AI models may be only "a few months behind" those of the U.S. and Western competitors. (Translated by Tu Qi)

Original: toutiao.com/article/7608802734338212358/

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