With more than 400 Chinese companies on the U.S. Commerce Department's list of sanctioned firms — the so-called U.S. Entity List — it hardly even registers as news when more are added. But on the Wednesday before last Thanksgiving, the federal agency quietly made a bold announcement: eight more China-based “entities” were being added to the list, this time “to prevent U.S. emerging technologies from being used for the PRC’s quantum computing efforts.”
While the U.S. government has moved to promote quantum science domestically, the Commerce Department’s sanctions represented the first time the federal government was acting defensively, and it underscored what observers in the field have been warning about for years: China is rapidly closing the quantum gap.
“It’s a recognition that quantum computing is a very crucial technology for the military in the future, and also for the capabilities of the U.S. in the strategic competition with China, particul
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When China announced it was ending quarantine requirements for incoming travelers, Chinese people collectively picked up their phones to search popular travel apps like Ctrip and Qunar. Owned by travel giant Trip.com, these apps helped Chinese travelers explore the world pre-pandemic and facilitated the human-to-human interactions that drove China's rise. But many of today's travelers seem to be sticking closer to home, and their hesitation to get back to the jetsetting habits of the past 20 years has far-reaching implications — especially for Trip.com.
The professor talks about China's real estate bubble; if China can develop a modern financial system without rule of law; and why it's not China that is reshaping the global order, but the world's response...
