China’s Unstoppable Rise: Dominating the Future of Global Tech

There are 64 critical technologies that will control the future of the world, and incredibly, China now controls 90% of them.

The Economist even admitted earlier this year that China is now a scientific superpower.

10 years ago , Harvard Business Review published a research paper claiming that China isn't able to innovate, announcing China is full of uncreative rule bound learners who won't be able to contribute to innovation.

Today , we're going to break down the four major keys to China 's economic dominance.

From 1995 to 2021 , China 's total R&D outlay from 18.2 billion to 620.1 billion , a 3299% increase compared to America 's 277% increase.

China now accounts for over 80% of global production capacity in 11 essential clean energy technologies and dominates the rare earth supply chain.

Without China , becoming a a carbon neutral planet would be impossible.

China has been able to dominate the vast majority of critical technologies and create the strongest industrial base in the world.

China 's booming EV industry has now become so popular that it is an existential threat to the foreign automakers in China .

Chinese companies have now offered a lifeline to German automakers by sharing their expertise to help these German firms in the transition to EVs.