{"id":41891,"date":"2018-12-22T08:12:40","date_gmt":"2018-12-22T13:12:40","guid":{"rendered":"https:\/\/olduvai.ca\/?p=41891"},"modified":"2018-12-22T08:12:40","modified_gmt":"2018-12-22T13:12:40","slug":"americas-technology-and-sanctions-war-will-end-by-bifurcating-the-global-economy","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=41891","title":{"rendered":"America\u2019s Technology and Sanctions War Will End, by Bifurcating the Global Economy"},"content":{"rendered":"
\"America\u2019s<\/p>\n
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America\u2019s Technology and Sanctions War Will End, by Bifurcating the Global Economy<\/a><\/h3>\n<\/header>\n

\u201cThe true reason behind the US-China \u2018trade\u2019 war has little to do with actual trade \u2026 What is really at the basis of the ongoing civilizational conflict between the US and China \u2026 are China\u2019s ambitions to be a leader in next-generation technology, such as artificial intelligence (AI), which rest on whether or not it can design and manufacture cutting-edge chips, and is why Xi has pledged at least $150 billion to build up the sector\u201d,\u00a0Zerohedge\u00a0<\/em>writes<\/a>.<\/p>\n

Nothing new here: yet behind that ambition, lies another, further ambition and a little mentioned \u2018elephant in the room\u2019: that the \u2018trade war\u2019 is\u00a0also\u00a0the first stage to a new arms race between the US & China \u2013 albeit of a different\u00a0genre\u00a0of arms race. This \u2018new generation\u2019 arms-race is all about\u00a0reaching national superiority<\/a>\u00a0in technology over the longer-term, via Quantum Computing, Big Data, Artificial\u00a0Intelligence (AI), Hypersonic Warplanes, Electronic Vehicles, Robotics, and Cyber-Security.<\/p>\n

The blueprint for it, in China, is in the public domain. It is \u2018Made in China 2025\u2019\u00a0<\/em>(now\u00a0downplayed<\/a>, but far from forgotten). And the Chinese expenditure commitment ($ 150 billion) to take the tech lead \u2013 will be met \u2018head on\u2019 (as\u00a0Zerohedge\u00a0puts it<\/a>), \u201cby a [counterpart] \u2018America First\u2019 strategy: Hence the \u2018arms race\u2019 in tech spending \u2026 is intimately linked with defence spending. Note: military spending by the US and China is forecast by the IMF to rise substantially in coming decades, but the stunner is: that by 2050, China is set to overtake the US, spending $4tn on its military, while the US is $1 trillion less, or $3tn \u2026 This means that\u00a0sometime around 2038, roughly two decades from now, China will surpass the US in military spending.\u201d<\/p>\n

\u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"

America\u2019s Technology and Sanctions War Will End, by Bifurcating the Global Economy \u201cThe true reason behind the US-China \u2018trade\u2019 war has little to do with actual trade \u2026 What is really at the basis of the ongoing civilizational conflict between the US and China \u2026 are China\u2019s ambitions to be a leader in next-generation technology, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,5],"tags":[14457,130,1997,8203,786,805,3222,827,839],"class_list":["post-41891","post","type-post","status-publish","format-standard","hentry","category-economics","category-geopolitics","tag-alastair-crooke","tag-china","tag-economic-sanctions","tag-strategic-culture-foundation","tag-technology","tag-trade","tag-trade-war","tag-united-states","tag-us-dollar"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/41891","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41891"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/41891\/revisions"}],"predecessor-version":[{"id":41892,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/41891\/revisions\/41892"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41891"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}