Beltway Confidential

Tariffs and regulations will not dissuade China’s ambitions in tech development

By Erin Dunne
Published June 26, 2018 4:06pm ET
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Tariffs and regulations will not dissuade China’s ambitions in tech development
A visitor to the 21st China Beijing International High-tech Expo looks at a computer chip through the microscope displayed by the state-controlled Tsinghua Unigroup project which has emerged as a national champion for Beijing's semiconductor ambitions in Beijing, China, Thursday, May 17, 2018. The Trump administration has threatened to impose tariffs on up to $150 billion in Chinese imports to punish Beijing over trade practices requiring American companies to hand over technology in exchange for access to the Chinese market. China has counterpunched by targeting $50 billion in U.S. products. | (Ng Han Guan/AP)

As Trump’s tariffs push back on China’s ambitions to dominate high-tech sectors, U.S. strategy may temporarily claim success but, in the long run, the U.S. needs more technology development of its own to stay ahead.

China has its sights set on dominating high-tech industries by 2025. The ambitious Made in China 2025 campaign, announced in 2015, aims to make China a superpower in 10 developing tech industries such as robotics and bio-pharmaceuticals. While these industries are currently dominated by other countries, Beijing seems intent not just on competing with Germany, South Korea, Japan, and, of course, the U.S., but on outpacing them them as well.

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China Tariffs Trade