Analyst Zheng Weibin says that while the China-US competition is a tussle for power that some would compare to the Cold War of the 20th century, digital technology is making all the difference in the 21st century. Today's competition is taking place amid changing definitions of national strength and economic power, and China needs to catch up in terms of growing its digital economy and meeting the challenges that come with it.
Though the Covid-19 pandemic has had an impact on many industries, annual global semiconductor sales still increased by 10.8% in 2020 to reach US$464 billion. The current global semiconductor supply chain is highly internationalised. While it is dominated by a small number of countries and regions, none of them has full control over every segment in the supply chain and geopolitics can be a risk factor. While the US has imposed sanctions and trade restrictions on China to hinder its development in chip making, academic James Pang says that given the nature of the industry, the current status quo will be maintained for some time.
In recent years, the US Congress has played a major role in America’s unprecedented turn against China. Will China prove to be the factor to bring both parties together in Congress?
Leaked data from one platform company may not pose a major national security threat, but data from multiple platforms combined might, warns technology specialist Yin Ruizhi. As countries become more wary of internet security risks, it will be increasingly difficult for platform companies to get listed overseas. What is the alternative then?
An admirer of Chinese culture and of China’s warm and people-centred way of life, US academic Wu Guo says that China need not seek to win over the US in every field, not least in the high-tech domain. It actually has a powerful advantage that has been underutilised — a rich culture that goes back thousands of years and a way of life that nurtures bonds of community, kindness and civility. If those outside China see this softer side of China, surely they will be less hasty to cast the first stone?
Analyst Zheng Weibin notes that heightened US-China competition means a technological edge will be key. To safeguard that advantage, the US may rely on state intervention in the science and technology sector, while tapping on its alliance network. How will this approach affect China and the world?
Economics professor Zhu Ying notes that China-US trade ties are currently highly politicised, not least because of bilateral military competition, and what the West sees as China’s authoritarian approach in the digital sector. The US trade war is set to see further ripples and partial decoupling of supply chains may worsen. Can this standoff be resolved?
In recent years, China's tech giants such as Alibaba, Tencent and ByteDance have set up regional offices in Singapore. With insights from industry experts, Zaobao senior business correspondent Chew Boon Leong analyses the impact that an influx of Chinese tech companies will have on Singapore. Will it affect Singapore's neutral stance and lead the nation to become a battleground for tech companies from the US and China?
Economics professor Zhu Ying looks at the similarities and differences between NSC-68 targeting the Soviet Union during the Cold War period, and the recent Strategic Competition Act targeting China, which may soon pass into law. What can we infer about the current state of China-US relations?