The US has been the world鈥檚 technological leader since the end of the 19th century. This has made the country prosperous and secure. When the US leads the way in a new technology鈥攁s it did with the internet鈥擜mericans benefit economically. But US technological leadership is under assault, and the stakes couldn鈥檛 be higher.
In 2015, the Chinese Communist Party launched Made in China 2025鈥攁n aggressive and highly orchestrated industrial campaign to supplant the U.S. as the world鈥檚 pre-eminent economic power. The goal is to dominate the development and production of next-generation technologies, including electric and autonomous vehicles, information-technology and telecom equipment, advanced robotics and artificial intelligence. Using massive subsidies and an array of predatory and unlawful tactics鈥攊ncluding industrial espionage, dumping, tariffs and quotas鈥擝eijing has muscled aside American companies in critical industries. The failure of the Biden administration鈥檚 piecemeal approach in countering China鈥檚 ambitions has been alarming.