Trump-Put[t]in summit agenda: Accepting US peace plan would end Ukraine conflict on Moscow's terms
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'Made in China 2025' puts US at risk of 'losing next industrial revolution', panel told
A hearing by the US-China Economic and Security Review Commission features warnings and advice for Washington as competition with China heats up
By Mia Nulimaimaiti | February 7 2025
Beijing's progress in implementing its "Made in China 2025" (MIC2025) strategy for industrial modernisation over the past decade is raising fresh alarms in Washington, with a congressional panel using it on Thursday to warn that the US is at risk of falling behind as China takes unexpected strides in the realms of artificial intelligence (AI) and humanoid robotics.
In response, Washington should strive to boost tech ties with allies and ease visa rules for Chinese STEM talent, analysts urged on Thursday during an online hearing – dubbed "Made in China 2025 – Who is winning?" – held by the US-China Economic and Security Review Commission, which monitors and reports on the national security risks of bilateral trade and economic ties.
"Beijing has obliterated the myth that used to prevail in Washington a few years ago that China can't innovate – that it can only borrow and steal technology," said Liza Tobin, managing director at Garnaut Global, a geopolitical-risk advisory firm, during the hearing.
Please go to scmp.com for more.
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Retaliation as the trade war gets China to react:
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