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Dilip Hiro — Donald Trump Is Losing His Tech War with Xi Jinping

Summary:
Backgrounder on Chinese tech. China is way bigger than the US — the market numbers are astounding.  They are also a lot more focused, and they have a plan. Looks to be working. The US is getting worried that it may no longer be #1 — by many metrics this is the case already. The numbers suggest the US is losing its competitive lead.And the US is (fill in the blank) because the Chinese government is providing venture capital, improving STEM education, building infrastructure, and, of course, building a state of the art military. TomDispatchTomgram: Dilip Hiro, Donald Trump Is Losing His Tech War with Xi Jinping

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Backgrounder on Chinese tech. China is way bigger than the US — the market numbers are astounding.  They are also a lot more focused, and they have a plan. Looks to be working. 

The US is getting worried that it may no longer be #1 — by many metrics this is the case already. The numbers suggest the US is losing its competitive lead.

And the US is (fill in the blank) because the Chinese government is providing venture capital, improving STEM education, building infrastructure, and, of course, building a state of the art military. 

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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