China’s Technological Domination Over The World Is Inevitable

The United States will not be able to do anything about it.

China has long been seen by the United States and Europe as a mere producer of low-cost products that blatantly copied Western brands. All this was true during the 1990s and 2000s. China then specialized in this field where its cheap labour has done wonders.

Nevertheless, during the decade of 2010, something changed and China gradually became a real competitor to the United States and Europe in terms of innovation. China’s ambitions are now confirmed in all areas: artificial intelligence, biotech, renewable energies and communication technologies.

Xi Jinping’s China is changing at a phenomenal rate and the plan “Made in China 2025” to make China a great industrial power has never been on such a good path as it is today. The United States, under the leadership of Donald Trump, is trying to react with increased protectionism and a trade war against China.

Nevertheless, I have the feeling that it is already too late. I will show you that through two fields: communication technologies and cryptocurrencies.