China has overtaken the United States as the dominant force in critical technology research, according to a report from the Australian Strategic Policy Institute. The study found China now leads in 57 of 64 critical technologies, up from just three technologies in 2003-2007, while U.S. leadership dropped from 60 to seven technologies over the same period.
China has made significant gains in quantum sensors, high-performance computing, and semiconductor chip manufacturing. The U.S. maintains its edge in quantum computing, vaccines, and natural language processing. The report identified 24 technologies at “high risk” of Chinese monopoly, including radar, advanced aircraft engines, and drone technology – nearly double from last year’s assessment. India has also emerged as a rising power, ranking among the top five countries in 45 technologies and displacing the U.S. for second place in biological manufacturing and distributed ledgers.