The Essence and Impact of US-China Technology Competition

DOI

10.2991/978-2-38476-062-6_97How to use a DOI?

Keywords

US-China; Technology competition; Impact; Essence

Abstract

After World War II, none of America's competitors or Allies of competitors such as Germany, Japan, or the Soviet Union reached 60% of US GDP, with China being the only exception. The great rejuvenation of China are seen by the United States as a huge threat to its global dominance. China is rapidly emerging as a global superpower to rival the United States, which undoubtedly poses a great threat and challenge to America's world leadership. On August 14, 2017, President Trump directed the Office of the United States Trade Representative (USTR) to determine whether Chinese laws, policies, or actions have the potential to harm U.S. intellectual property, innovation, or technological development. On 22 March 2018, the White House released the Presidential Memorandum on Actions Related to the U.S. 301 Investigation, in which the Trump administration accused China of using foreign ownership restrictions to demand or force US companies to transfer technology to China in order to acquire cutting-edge technology. The Trump administration says China seeks to challenge American influence and wealth, seeks to erode American security and prosperity, and uses technology, propaganda and coercion to shape a hostile world. Based on the results of the investigation, the US government imposed 25% retaliatory tariffs on Chinese imports to the US from July 6, 2018, marking the official start of the trade war between China and the US.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Xinyan Peng
PY  - 2023
DA  - 2023/07/11
TI  - The Essence and Impact of US-China Technology Competition
BT  - Proceedings of the 2023 2nd International Conference on Social Sciences and Humanities and Arts (SSHA 2023)
PB  - Atlantis Press
SP  - 754
EP  - 759
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-062-6_97
DO  - 10.2991/978-2-38476-062-6_97
ID  - Peng2023
ER  -