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China’s Rising Power in Emerging Technologies Sparks Global Balancing Act

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China and the U.S. are in a competitive race in the field of emerging technologies (ETs) such as 5G networks, Big Data, quantum computing, and artificial intelligence (AI). China's advancements in these areas are seen as a threat to U.S. global dominance, leading to a "Tech Cold War" and "AI Arms Race". This competition has been fueled by China's assertive technology policies and initiatives like Made in China 2025, Next Generation Artificial Intelligence Development, and Digital Silk Road Project. The U.S. and Western states are employing strategies to counter this perceived threat, including bans and export controls directed at Chinese companies.

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