Press Article: US-China Technological Rivalry Threatens Global Stability
In recent years, the escalating competition in technology between the United States and China has become a pressing issue, risking global stability. Focused on semiconductors, 5G networks, and artificial intelligence (AI), this rivalry has manifested through export bans and investment restrictions, leading to a fragmented global economy and heightened geopolitical tensions.
The "Chip War" exemplifies this conflict, as US restrictions on Chinese firms like Huawei have disrupted global semiconductor supply chains. This disruption has adversely affected smaller nations that rely on technology from these superpowers, forcing them into challenging alignments that threaten their economic stability.
Reports suggest that this technological competition contributes to a "New Fragmentation" of the global trading system, causing potential long-term reductions in global GDP by up to 7%. As the US and its allies aim to curb China’s technological influence, China is bolstering its domestic capabilities through initiatives like "Made in China 2025." Consequently, the world risks splitting into two distinct tech blocs, complicating international cooperation and exacerbating inequalities in access to innovation.
Geopolitically, the race for technological dominance fuels tensions in critical regions, particularly the Indo-Pacific. Alliances such as AUKUS and the Quad focus on developing strategic technologies, making innovation a core aspect of national security. This dynamic fosters a new arms race, with significant investments in AI and quantum computing, increasing the likelihood of conflict.
To avert potential crises, experts emphasize the need for renewed international diplomacy and cooperation in technology. Establishing multilateral platforms or strengthening forums like the G20 is crucial for discussing technology regulations, cybersecurity, and ensuring equitable access for developing countries. Without a concerted effort, the risks of open technological conflict loom large, threatening not just the US and China, but global civilization itself.
Note: The image is for illustrative purposes only and is not the original image associated with the presented article. Due to copyright reasons, we are unable to use the original images. However, you can still enjoy the accurate and up-to-date content and information provided.
