New China warning on technology arms race

March 01, 2023 11:13 PM PST | By AAPNEWS
 New China warning on technology arms race
Image source: ©2023 Kalkine Media®

Western nations have been warned they are well behind in key technological areas, with a new report showing China well in the lead as the world's scientific superpower.

The report by the Australian Strategic Policy Institute found China was leading the world in 37 out of 44 critical technology areas, such as defence, space, energy and artificial intelligence.

The United States came in second in the list, leading in the other seven critical technology areas studied.

According to the report, China had made significantly more scientific and technological breakthroughs across a range of industries, putting other countries at risk in the future.

"In the long term, China's leading research position means that it has set itself up to excel not just in current technological development in almost all sectors, but in future technologies that don't yet exist," the report said.

"Unchecked, this could shift not just technological development and control but global power and influence to an authoritarian state."

The think thank behind the report said the leading edge China had in research and science meant not only was it ahead in current industries, but potentially in technologies yet to be invented.

"(China's) lead, coupled with successful strategies for translating research breakthroughs to commercial systems and products that are fed into an efficient manufacturing base, could allow China to gain a stranglehold on the global supply of certain critical technologies," the report said.

In some technological areas, all of the world's top 10 research institutes in that area were based in China, while nine times more high-impact research papers were developed in China.

In order for other nations to keep up and overtake China in technology areas, the institute has recommended like-minded western nations work together on developing industries.

One such grouping was having Five Eyes nations - which include Australia, New Zealand, Canada, the US and UK - work with Japan to build an intelligence analytical centre, focusing on China and technology.

"Governments around the world should work both collaboratively and individually to catch up to China and, more broadly, they must pay greater attention to the world's centre of technological innovation and strategic competition: the Indo-Pacific," the report said.

"These findings should be a wake-up call for democratic nations."


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations, and video (Content) is a service of Kalkine Media LLC., having Delaware File No. 4697309 (“Kalkine Media, we or us”) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.


Sponsored Articles


Investing Ideas

Previous Next