China :: Science & Technology

Donald Trump is already losing to China in technology: Here is how In the waning days of Barack Obama’s administration, one of the president’s advisory councils issued a report warning of China’s plans to snatch control of the critical semiconductor industry. Its recommendation: “Win the race by running faster.” In the waning days of  Barack Obama ’s administration, one of the president’s advisory councils issued a report warning of China’s plans to snatch control of the critical semiconductor industry. Its recommendation: “Win the race by running faster.” It is sound advice, but the new administration isn’t listening. Donald Trump’s policies, in fact, offer a roadmap for how not to compete with China. That’s because team Trump doesn’t fully grasp the threat China now poses to the US economy. China is marshaling massive resources to march into high-tech industries, from robotics to medical devices. In the case of semiconductors alone, the state has amassed $150 billion to bu