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US-China Tech War: China Market to Outgrow US by 8X by 2029
China’s computing market set to hit $30b by 2029, outpacing US. How will the US-China tech war impact AI, semiconductors, and tech competition?
Although Google has a limited presence in China, experts suggest targeting the American tech giant is a strategic move that would leave Beijing room to escalate further if tensions rise. Unlike in previous decades, where Chinese firms relied on Western innovations, local companies such as Huawei, Alibaba, and Baidu are now leading in AI research, custom chip design, and cloud computing solutions. The ongoing retaliatory measures from both governments signal that a resolution is unlikely in the near future, with analysts predicting further trade barriers and policy restrictions, disruptions in semiconductor supply chains, and increased volatility in global tech markets.
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