That's where trade surplus comes in, of which China dominate to a much larger extent and America is on the polar opposite end.Yes, indeed, the U.S. is the technology leader in most areas. “High-tech exports” is misleading since that reflects China’s historic role as an ICT assembler and thus the total value of a iPhone being accrued as a “Chinese” export even if most of the value-add and productivity was done in Cupertino, CA.
This also isn't a debate, ASPI already spent millions answering this exact question, and China objectively leads in almost all technological fields.
Your problem is equating market moment from selling legacy technology with current technology.
US for example has no ability to make the chip in iPhones nor majority of components used in it, revenue generated through selling at mark-up does not mean Apple has technology.
