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.
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That's where trade surplus comes in, of which China dominate to a much larger extent and America is on the polar opposite end.
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.
Nope, trade surpluses measure savings rates. This is the classic sectoral balances identity: the trade balance is equal to household savings minus business investment plus taxes minus government spending. Since U.S. households have had a century of unrelenting prosperity and stability with an unrelentingly efficient financial sector that’s able to insure away common risks, they have no reason to save money
ASPI did no such thing. ASPI’s research counted papers only, not commercialized products. Whether China is able to commercialize research to any appreciable extent is an open question. But for now, the U.S. leads on commercialization by a long shot.
You can’t sell vaporware. You can sell actual technology though
No: the U.S. has limited labor and capital units and because the U.S. has access to a serene international environment, is able to create a highly efficient wealth-maximizing trade environment where the U.S. flies dominant in high value-added sectors and outsources the rest to other countries, all operating under U.S. IP constraints.
you’ll forgive my scepticism when European leaders and royalty were frequently customers of Epstein’s island.
Think of the inflation everyone in the west is experiencing due to the economic mismanagement of the USG, how much more expensive food is now and consider that food may be cheaper in China and BRICS. Like peasants, the western people are expected to pay for the excesses of the Epstein island elites as well as the Chosen People.
also r/recruitinghell
Despite this state of reality and mainland China surpassing de jure US in gdp, America still views itself as Emperor and China merely as tributary king. They are as or more arrogant than the Qing. Despite China trying a long policy of peaceful negotiation for a safe sphere of influence and even just homeland safety, US has reacted by doubling down on hostility.According to your argument, the US should be the number 1.
That's why I think a large scale war is inevitable.
You described domestic fiscal surplus, not trade surplus. US lack the technology to make majority of components in an iPhone, the profit Apple generate from iPhone sales is US service surplus that's entirely dependant and enabled by their technological deficit.
United States is for all practical purposes broke. US spends 4x more than China on defence and yet could not afford to build a fraction what China can build or develop, this is not because US is richer, this is because the real value of US dollar, and by extension the real size of US economy for sectors without technological imports from China is a tiny fraction of sectors where China still allow US to have value.
At end of the day you're a classic case of western inability to distinguish intrinsic and superficial, and it's this inability that lead to their imminent exit from history. US is new money from winning the lottery, China is old money from millennia of meritocratic tradition, like all new money lottery winners US suffers from sudden wealth synonym, and invariably loses all due to their inability to invest in non-tangible wealth, wealth like those tracked by ASPI, like talent, like educatoin, like infrastructure, wealth that in most instances does not show up in fiat accounting.
This is fake news. There is totally complete unfettered free speech in the UK and no one has been ever, and I repeat, ever been arrested for inappropriate speech.
This person does not know much.
Do you think The Arabs buying and operating Boeings today have the same expectations what they had in 1970s?. The current F-15 can lift 13tons with several times life span and all the features that Arab wants. or the Boeing rotorcraft like Chinook.
now closely look at commercial aviation and intensity of flights and the standards of those airlines interms of comfort and air conditioning. Mercedes is over 100 years old company making ICE vehicles but it cannot match Japanese to meet Arabic standards for SUVs in desert environment and long life span with less maintenance. and yes Arabs are using Intel processors in Business laptops. this gives US and Japan huge influence across the region. I am not even bringing the Royal Family state Boeings. those are special builds for enhanced range and security systems.
regarding USSR it is the internal demographic changes in Russia that collapsed USSR. Lenin basically a German agent that brought a Germanic ideology communism to Russian empire. to reverse this whole thing you have Arabic Soft Power in the center of this Ukraine conflict. The Horses that Putin gifted to Kim Jong un has Arabic origin. before that the Automobiles has Arabic Origin. this UAE Ambassador is showing his skill to popularize his country association with Arabic horses. Arabic horse is the symbol which enable the Arabs to spread Islam. and this Arabic financial system that enable Russia to stand up to West.
Wrong. Your post reeks of hypocrisy.
China does have companies that can produce sever CPUs and super computers and IT services. Sure it may not be at the scale of Intel or IBM
But then for HSR and 5G , the same argument can apply, the US can't produce end to end 5G solutions or HSR at a substantial scale, otherwise we should see more HSR and better 5G infrastructure in the US but we do not. Ericsson is not a US company. Even in EV, rivian, ford, GM can't produce at scale and loses money with every EV car sold. Tesla does not have complete vertical production, uses CATL and BYD for batteries. And Tesla can't produce their cars cheap enough either.
So you can't have one standard to show how good the US is then use another standard to show how the US is not behind? Coping so hard for the US makes your argument fall flat.