The Australian Strategic Policy Institute (ASPI) revealed in a recent report that China has become the world leader in roughly 90 percent of critical technologies and is on track to take the lead in defense technologies as well, including drones and satellites.
ASPI’s latest update to its Critical Technology Tracker reporting project found China “effectively switched places” with the United States as world technology leader in less than twenty years.
“The U.S. led in 60 of 64 technologies in the five years from 2003 to 2007, but in the most recent five years (2019–2023) is leading in seven. China led in just three of 64 technologies in 2003–20074 but is now the lead country in 57 of 64 technologies in 2019–2023, increasing its lead from our rankings last year (2018–2022), where it was leading in 52 technologies,” ASPI found.