China vs US economy

China hopes to unset United State and become a global super power

According to an article in The National Interest, China wants to overthrow the United States as the world’s preeminent power and dismantle the rules-based order that Washington and its allies have constructed since the end of World War 2.

Threats US is facing

According to Stavros Atlamazoglou’s opinion piece in The National Interest, “the US faces a variety of conventional and unconventional threats from countries like Russia, North Korea, Iran, terrorist outfits, climate change, and pandemics, to name a few. However, China is without a doubt the biggest threat to US national security.

The research claims that Beijing focuses on achieving economic, industrial, and technological goals that will provide the Chinese economic and technological sector a competitive edge in order to become the next superpower. China is employing espionage to fuel its economic furnaces, whether it’s through stealing the blueprints of American (and international, including Russian) aircraft, like the F-35 or F-22, or missile technology.
The report continued, “These intelligence operations represent a serious threat to US national security and economic success.

Chinese espionage costs the US between USD 200 and USD 600 billion a year in stolen intellectual property, according to Atlamazoglou, who cited an interview with Mike Orlando, the Acting Director of the National Counterintelligence and Security Centre. The loss would range from USD 4 trillion on the low end to USD 12 trillion on the high end, but it has been happening for the past 20 years, which is a staggering loss in either case.

“The Communist Party of China poses an existential threat to the United States in its entirety and in its totality. Additionally, it is the most intricate, destructive, combative, and strategic threat.
Atlamazoglou added that China must maintain its economic expansion and outperform the US and the rest of the West in terms of technology if it is to overtake the US. China, meanwhile, likes to “steal technology and then copy it” rather than depending on creativity and innovation.

Quantum computing, autonomous driving, AI, biotechnology, and 5G are among the “transport technologies” that China is stealing and seeking. All of these technologies have a military use, but Beijing places equal weight on their commercial and economic potential in its quest to become a superpower, according to Atlamazoglou.

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