Blockchain, AI and quantum technology are the new frontiers where China is competing with the US. These tech wars will shape Sino-US relations for the next 5 years.
While Beijing cracks down on cryptocurrencies and bitcoin mining, it quietly launched Blockchain Service Network, a platform that aims to propel China into a control position in blockchain application, an initiative in the CCP’s 13th 5 year plan. The CCP has long planned strategically for AI and quantum technology. From the “Made in China 2025” campaign in 2015, the “13th 5 Year Plan,” to the “14th 5 Year Plan,” China’s competition with the US in achieving quantum supremacy is getting intense and is a national security threat.