The U.S. and China should be looking more for ways to co-operate than compete in technology.
President Joe Biden attends an announcement event with Siemens on a “Future Made in America”, March 4, 2022, at the White House. Credit: Official White House Photo by Adam Schultz via Flickr
President Joe Biden’s recent executive order restricting American investments in Chinese semiconductors, microelectronics, quantum information technology, and artificial intelligence marks another escalation in the Sino-American tech war. In the context of the two superpowers’ intensifying geopolitical rivalry, the chances that this conflict will be resolved anytime soon are virtually zero, to the detriment of the global economy.
In his 2018 book Doing Capitalism in th
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