China vs US – who wins in tech & innovation?

China and the US are in fierce competition in technology, innovation, 5G, and AI – who will win, and what does this mean for investors?

von Bin Shi & China Equities team
  • The US tech sector is leading the world at this point because they have accumulated an advantage over many years.
  • So it is unrealistic for Chinese tech companies to overpass US tech companies right away.
  • But over time I believe Chinese companies will become more and more competitive and will narrow the gap significantly.
  • In certain fields, like 5G, e-commerce and fintech, Chinese companies are already leading.
  • But in other sectors, like semiconductors and software, the US companies are still leading and it will take time for Chinese companies to close that gap.

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