We Can’t Let China Eat Our Lunch

  • Date: 19-Mar-2021
  • Source: Forbes
  • Sector:Economy
  • Country:Gulf
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We Can’t Let China Eat Our Lunch

Share to Linkedin BEIJING, CHINA - MARCH 02: Visitors crowd as they look and take pictures of a case holding lunar ... [+] rock and debris recently collected from the Moon by China's space program that is part of a display at the National Museum of China. China's mission to the Moon marked the first time in 40 years that fresh lunar rock samples were returned to Earth. China has been pouring billions of dollars into its ambitious space program that aims to land astronauts on the Moon by 2030. Scientists in the U. S. say the new lunar material could help to better understand the Moon's evolution. (Photo by Kevin Frayer/Getty Images) Last week, China made a bold move in its quest to become an innovation superpower, unveiling a five year plan to grow the country's economy by six percent, increase spending on technology, and weaken the pro-democratic opposition in Hong Kong. Closer to home, President Biden warned that without sufficient investments in infrastructure China is a threat and issued an executive order to strengthen U. S. supply chains. The lines have been drawn and the game is now afoot. To stay ahead of China, the private sector must