Big Take Asia: The US Pledged to Contain China’s Tech Ambitions. It’s Not Working.
China is making steady progress in its quest to dominate key industries of the future, despite years of US tariffs, export controls and sanctions.
Check out this special episode of Bloomberg's Big Take Asia podcast, as hosts K. Oanh Ha talks to Bloomberg News correspondent Rebecca Choong Wilkins about how the US is struggling to curb Beijing’s technological advances, and whether the upcoming presidential election could change the dynamic.
Then come back on Thursday, as Rebecca joins the next episode of Odd Lots -- along with Bloomberg economic analyst Gerard DiPippo -- to take a further look at the ongoing tech rivalry between the US and China.
Read more:
The Big Take: Efforts to Contain Xi’s Push for Tech Supremacy Are Faltering
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Years of Restrictions Didn't Slow China's Quest for Tech Dominance
In 2015, China identified several key industries of the future for which it aimed to compete at the technological frontier. The 'Made in China 2025' plan included expansion in things like EVs, solar power, batteries, semiconductors, AI, and drones. But now, 2025 is almost here and China's progress has been remarkable across several of these categories. In fact, it's the world leader in some of these industries (like EVs and solar), and it's catching up in others. In this episode we speak with Bloomberg News reporter, Rebecca Choong Wilkins, as well as Gerard DiPippo, senior geoeconomics analyst at Bloomberg Economics. The two of them were part of a team that took a major look at the status of Made In China 2025 (a name that isn't really even used that much anymore). We discuss how much progress China has made despite efforts from the US over the last several years to impede its ambitions, and how it's judging the success of the program.
Read More:
US Efforts to Contain Xi’s Push for Tech Supremacy Are Faltering
How American Tax Breaks Brought a Chinese Solar Energy Giant to Ohio
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