The Technological Competition between USA, Europe and China and its Geopolitical Implications

Abstract

The paper examines the technological competition among major powers. It suggests that tech supremacy will define who holds the future. The technology competition or war primarily began between United State of America (USA) and China has also engulfed European and Asian states which are advanced in High-Tech Manufacturing (HTM). Both the US and China want global supremacy in HTM like Artificial Intelligence (AI), semiconductors, quantum computing and innovation system. To maintain its status as a leading super power, United States of America (USA) has introduced policies to restrict its allies’ to sale HTM to Beijing. Conversely, China has established strong economic ties with the HTM countries over the past few decades. The study is simply qualitative and utilized secondary data. The race for technological supremacy will be won by the country which had the support of HTM producing countries. Both the US and China want these states to remain on its sides. The competition has put different states at a difficult situation. States might bear economic loss by choosing sides and face security threats from any side. With this background the study would investigate the chances of cooperation or conflict between US and China. The competitive situation might lead to protectionism or end of globalization. This might be a start of new cold war between US and China.