#global-competition

#global-competition

China is rapidly advancing in AI through significant investment and innovation, aiming for global dominance by 2030.

Chinese EV manufacturers are dominating the industry due to a significant cost advantage.

Domestic demand allows for economies of scale and efficient production process optimization.

Consumers benefited from cheaper imported goods, but the cost was American jobs. US now imposes tariffs to protect factories and jobs amid changing trade policies.

Voters' discontent with job losses from outsourced manufacturing led to Presidents implementing tariffs on Chinese goods to revive American factories, shifting away from low-cost products.