NATO and Google Cloud Sign Multi-Million Dollar Deal for AI-Enabled Sovereign Cloud
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China’s hybrid “state capitalist” system, driven by centralized planning and fierce competition, has led to dominance in critical technological fields and emerging markets. Western multinational corporations are advised to adopt a pragmatic approach to capitalize on four key strengths of China’s economy: its innovation ecosystem, its investment in the Global South, its ultra-competitive markets, and its vast consumer base. Those who fail to engage risk losing global revenue and strategic opportunities.
The 4 Key Strengths of China’s Economy — and What They Mean for Multinational Companies
In the List of Critical and Emerging Technologies released by ASPI, a well-known Australian think tank, China takes the lead in 53 categories of cutting-edge technologies. At the same time, the USA claims the remaining 11. Notably, according to the list, China dominates in areas like advanced materials and manufacturing, energy and environment, and advanced information and communication technologies and enjoys a sizable advantage in defense, space, robotics, transportation, and quantum technology.
2023 Review: China vs US, Who is Winning in Key Tech Domains?
In other words, China is eating our lunch! 😉
Huawei unveils its latest Mate 60 Pro smartphone powered by a 7nm processor, completely designed and manufactured in China
US Sanctions to Cripple Chinese Innovation Backfires
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Chinese AI groups use cloud services to evade US chip export controls (all anonymous sources)
China’s SMIC Allegedly Violated U.S. Sanctions Selling Chips to Huawei
Portrayed as a potential ‘purge,’ Qin Gang’s removal from post is likely simply a natural evolution of Beijing’s diplomatic goals
Laid low or lying low? Why China’s foreign minister disappeared and was then replaced
Iran’s Su-35 Aircraft Procurement Is More Dangerous Than You Think
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The Difficulty of Disrupting Iranian Drones
Russia and Iran Are Building a Trade Route That Defies Sanctions
In all of this, some analysts see echoes of an idea that dates back more than a century and is reckoned to be the foundation of geopolitical thinking. It focused on the struggle between an oceangoing world power—the UK then, the US today—and the land giants of Eurasia. [Heartland Theory]