China is pioneering the creation of a central bank digital currency that is likely to be the first of its kind. If China succeeds in implementing a digital renminbi, it could generate significant economic and political dividends for Beijing, at home and abroad.
China has established itself as the dominant global supplier of rare earths, a group of 17 minerals that are crucial to countless advanced technologies. China’s capacity to disrupt global rare earth supply chains has raised alarm bells in several major countries, but Beijing’s influence within the industry is likely to be eroded in the coming years.
ChinaPower hosted its fourth annual conference on December 4, 2019. The conference featured a keynote by Senator David Perdue and a postponed speech by Assistant Secretary of State David. R. Stilwell.
Conducting activities in space embodies the pinnacle of technological achievement. Only a handful of countries have the capability to indigenously launch payloads into space. China sits among this elite group, but closing the technology gap with more-advanced space powers will require China to make significant headway.
Global leaders in innovation produce the discoveries that shape the modern world. An economy’s capacity to innovate is dependent on a variety of factors, including its commitment to research and development, the quality of its workforce, and the effectiveness of government institutions.
The internet has fundamentally transformed China. Internet-based technologies help drive China’s ongoing development, but they have also been used to clamp down on political dissidence. Learn more about the opportunities and challenges presented by the internet with this ChinaPower exclusive.
ChinaPower hosted its third annual conference on November 29, 2018. The conference featured Senator Edward J. Markey and Admiral Philip S. Davidson as the keynote speakers.
The automation of processes and procedures with cutting-edge technologies, such as advanced robotics and artificial intelligence, has the potential to fundamentally change the global economy. As China looks to sustain economic growth, how it harnesses automation will be crucial to its long-term economic competitiveness.