It is no secret that China is set on world domination. Militarily, technologically, culturally, and economically, the Chinese Communist Party’s stated goal is to displace the United States as the global superpower. And a key player in that strategy is Chinese telecommunications giant Huawei, the world leader in 5G.

This emerging technology is set to create trillions of dollars in wealth and tens of millions of jobs over the next decade, and Huawei controls 30% of the global market, putting China in a strong position to seize the lion’s share of those gains (America’s top competitor has just 7%). In addition to filling the CCP’s coffers, 5G dominance also offers more direct benefits, such as access to data, control over foreign countries’ telecom infrastructure, and opportunities for espionage.