If you are referring to Covid Vaccine from Pfizer than it was developed in cooperation with Turkish-German with firm run by Greek.
It’s not a few firms, it’s hundreds and thousands of firms that lack comparables across all industry sectors - be it software, semiconductors, machinery, chemicals, and more. And they clearly do justify large productivity gains since they simply lack comparable elsewhere. It’s like saying all the UK had in the 1800s were a handful of machinery and textile companies and that couldn’t possibly explain why the UK was much more productive than the rest of the world (it did). Being able to produce at scale and cheaply what others cannot is productivity.
This is circular. Why is the USD hegemonic? Could it be that USD economies produce items people want and cannot get with any other currency?
I’m willing to easily bet the U.S. exists in 2026 lol.
China is behind the U.S. economically. China simply lacks the technological and financial complexity existent in U.S. firms.
The U.S. economy is on a productivity boom, far from any “recession”.
China thinks hotlines are the U.S. trying to push everything right to China’s redline before de-escalating and thus wants to keep the U.S. guessing in a belief it would self-moderate the U.S.
I mean, the years of chaos at Huawei would run counter to that, but yes, broadly agreed, the U.S. & China are for the most part, large economies isolated from the rest of the world.
That could be before. It's becoming less and less true with China's ascent in technology, which will first mean competition in areas where the US dominated, and then it will mean that the US needs sanctions and bans and other under-the-table techniques to even get its tech goods sold as they become less and less competitive quality and price-wise compared to the China. That's why the US fears Chinese tech and tried so desperately and counter-productively to stymie it.
Not that I think the US empire will crumble in less than 2 years but the death of an empire means that it loses control of its former vassals and becomes a shell of itself in terms of power. It does not have to cease to exist. The nation will exist, unless it chooses to go out in an all-or-nothing WWIII attempt to stay in control, but the empire can be gone. A few decades, not 2026.
Only in nominal. It is much farther ahead in terms of ppp, which is a much more reliable indicator for the domestic economy.
Technologically no, and that is tilting more and more in China's favor. Financially; that is a tool for the advancement of firms but also for making the rich richer and keeping the poor poor with the "takes money to make money" scheme. It is double-edged in that it puts power and perspective in the hands of the greedy and undeserving. China is very careful employing this to ensure that it never loses scope of whom should control whom like in the US. And it's fine because Chinese firms are expanding much faster than American onese anyway.
Your boom numbers are China's bust numbers. One man's trash is another man's treasure.
Oh the years of chaos at Huawei are the pressure needed to forge coal into diamonds. Without them, Huawei could go down as a Chinese Apple, buying parts everwhere and assembling phones for profit. Those golden years made sure that Huawei becomes a Chinese Samsung, pioneering in technology pervasive in every aspect of tech to create a Chinese network that is both indigenous and at the top of the world. Looking back with success in your hands, the years of struggle are the most beautiful years.
China has no semiconductor-exclusive ish firm that makes anywhere clear to Intel, or is able to match ultimately, the combined revenues of U.S. semiconductor companies - especially once you add in Qualcomm, Broadcom, Nvidia, AMD, and the rest.
If you add the revenues of all U.S. aerospace firms - Boeing, Lockheed, Northrop, and General Dynamics - and compare it against AVIC and COMAC; the U.S. has substantially more revenues. Since there are substantial military revenues with all of them, the commercial comparison is better since that is where most of the market competition comes from, and there, Boeing Commercial Aircraft is leagues beyond COMAC
Naming companies was being illustrative on the depth and complexity of firms that no one else can match (even your attempt at corrections only went into Intel and Boeing, and ignored the rest).
Your firms are garbage. They just make money and they are not self-sufficient. China's embarked on a quest to do what nobody else has done, which is to make the world's first fully indigenized, fully self-sufficient cutting edge semiconductor manufacturing chain. American firms are just hogs in a pen trying to eat as much mash (money) as they can shove down their gullets.
It's hard to compare because Huawei does it all, like I said above. Thanks to the US for showing it the path so that it is now incomparable to any of those firms you mentioned.
The only thing that's clear is that Chinese tech develops faster than American tech.
Add the money of the Chinese government. COMAC is just getting started, only debuted its first mid-weight airliner. Incumbent tech is always run over by faster innovation.
Except Chinese firms can and can oftentines exceed them in complexity and tech. You were basically providing a list, which China has half-finished crossing out and we're just getting warmed up. The tech war may have been a final push to maintain dominance for the US, but for China, it was just the start of a new path, the right path.
Oh cmon sleepy, both you and me know "complexity" metrics are a total bunk. Having a more "complex" economy according to some cherry picked ranking does not put you ahead economically overall.
That is just a conspiracy theory as far as I can see. If China wanted to "self moderate" the US, why do incidents keep springing up that are provocative to the extreme against US? China's direct allies are killing people including NATO mercs in Europe, US' core interest right now, and what has US done that's equivalent in Asia?
Years of chaos in Huawei still put them at far better revenue than Intel.
You're confusing inflated USD value with real value. USD revenue is worth only as much as USD is worth, and USD is only worth something because you can trade with the world's largest industrial and trading nation with it.