Chinese Tech Increasingly A Match For U.S. Big Tech. Should We Worry?
- The rise of Chinese high-tech companies has produced the specter of Chinese domination of the industries of the future.
- While it is true that many high-tech Chinese companies have caught up with their US counterparts, any domination is far from a given.
- And there is actually much less to fear. While companies compete with one another, countries don’t.
- The economic welfare of a country depends overwhelmingly on what happens internally, not abroad.
Source: Chinese Tech Increasingly A Match For U.S. Big Tech. Should We Worry? | Seeking Alpha
Tags: China · Technology