| | | I'm referring to technology, engineering and manufacturing excellence. Yes, they are great at knocking off our tech. And others'.
For example, they still haven't been able to knock off the top grade chip designs, like recent NVidia. And others.
And other key fields, like space & satellite technologies, genetics, quantum computing -- all fields where they are well behind us and count on American, and many other of the most advanced items. In fact, there are significant areas in the field of medicine in which China trails.
Keep in mind that never before Tesla did China ever allow automakers to own plants outright in China. If you were Ford, you had a choice: Massive tariffs that would double the prices of the cars, OR build a plant in China that China held a 50% owner interest.
Only when they were desperate to take over the business did they allow 100% ownership by Tesla; they recognized they needed that plant to provide essential information to allow them to create a copy-cat industry in record time (you will recall, that was around 2018). It was a good move for China, and seemingly for Tesla (you remember, the idea was "We don't even need patents, because our tech is developing so quickly" (paraphrasing).
I think China is doing a great job, not only of copying, but now, in innovating. Not knocking that. However they have not been able to innovate; they mostly copy others original ideas.
In the first quarter of this century, the US has taken 120 Nobel prizes in science versus China's 2.
By any reasonable analysis, the US continues to lead in tech overall. But there is no doubt China is making great strides. And I would argue that both countries need to restructure their respective governments quickly to accommodate the rapid changes the world faces in the next 10-15 years. |
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