The Media Won't Tell You the TRUTH About the Chinese Economy

China is winning the tech race against the United States. A new report shows that China now controls 57 of the 64 critical technologies that will control the future of our world. But how did China rise to beat the United States? China implemented a 4 step process to grow its tech sector, invest in research and build it's economy. In today's video we break down the findings of the recent ASPI Critical Technology Report and explain the 4 key factors leading to China's rise in tech

0:00 - Intro to China's Tech Industry
1:53 - Lumen Sponsor
3:16 - 1st Secret: China's Innovation Ecosystem
8:04 - 2nd Secret: Investment in Global South
9:40 - 3rd Secret: Ultra Competitive Markets
12:30 - 4th Secret: 1.4 Billion Customers

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#china #chinanews #chinatechnology

[liaojohnweechun]

CYRUS IS A GREAT TRUE AMERICAN AND HONEST INDEPENDENT REPORTER AND BRIDGE BUILDER. 👏👏👏👍💚🥰

[horridohobbies]

China produces four times more STEM graduates than the United States does. Moreover, 41% of China's STEM graduates work in STEM fields, while only 20% of US STEM graduates do. That's a ratio of 8.9:1. This gives China an overwhelming advantage in brain power. This is why China is advancing by leaps and bounds.

[Shenzhou.]

According to a survey, Chinese kids want to be astronauts when they grow up, while American kids want to be YouTubers.

[rastoferi]

Remember when people actually believe a shrimp like Evergrande is going to collapse the wealthiest country in the world? Now they all screaming overcapacity 😂

[manflynil]

In New Zealand, in the late '80s, we had an idiot prime minister for short period of time. His name was Michael Moore. He proposed that, in the future, China would be exporting goods like shoes ( his example ) to New Zealand whilst we would be selling computers to China. Anyway, long story short, Michael Moore was such a failure of a politician, that when he left office, he was made President of the World Bank. I shit you not.

[PerfectoKiss]

Yes, the US’ priorities are to expand militarily while China is economically. China took the better and smarter path.

[gelinrefira]

China proves that if you educate a population enough, provide them with all the basic needs and wants, they will naturally innovate and be creative. China is the example that if you take on a more socialist view and take care of the peoples's basics, they will have the energy and excess capacity to do great things.

[dustins]

Most of the researchers in US have chinese name.

[Steve-cgek]

But the US has 47 genders while China only has two. 😂

[maggiema]

What doesn’t kill you will make you stronger, for Huawei as well as the rest high tech companies in China, when US was busy creating wars last couple of years China was busy building and innovating 😊 here comes the result 😊

[mrfoo]

WATCHING FROM SINGAPORE. VERY GOOD VIDEO BY CYRIUS. INFORMATIVE AND TRUTHFULLY

[brianliew]

Cyrus, you're scaring the daylights out of Uncle Sam. 🥶🥶🥶🥶

[mrfoo]

Nearly the whole population of China were poor in 1970's. Now, 700 millions population are middle income

[peterwilliams]

I really enjoy to listen and watch analysis in China-US related issues. Your efforts in building positive and constructive relationship and bridge between the two countries are so appreciated and valuable.

[YTStopCensoringFreedomOfspeech]

The most disappointing aspect is that the US was on top of the world for such a long time, but it could not divert investment away from the defense industry and it's foreign policy was still primarily leading with covert operations. The problem is there is no ability to convince the ultra rich to commit to big projects like the Belt and Road Initiative. Latin America could of had their infrastructure upgraded for over 40 years. Instead, it has been regime change, and flooding the continent with weapons to keep them divided and fighting. This feedback loop just leads to more funding for defense due to fear of revenge. This type of foreign policy may give you short term gains, but in the long term. It's just creating more hateful sentiment. The tactics and strategies from war only work during war. If you use them after the war is over, you are just making new enemies and keeping environment into a constant state of warfare.

[Shenzhou.]

China has transformed from a previously poverty-stricken, war-torn, starving country in the past, into the world's 2nd largest economy today (or world's largest if measured by GDP PPP), the factory of the world (i.e _Made-in-China), _ having the world's 2nd largest research spending, protected by the world's largest military, the _People's Liberation Army._ And it's all been achieved under the leadership of the CPC.

[Shenzhou.]

China's adult literacy rate is *99%.*
United State's adult literacy rate is *79%.*

[Troy-snhi]

Thank GOD China and Russia have good Leadership. Mankind has hope now. America is a third world country now.

[buhmacseries]

Murica can't even fetch their own Astronauts....😅

[horridohobbies]

The US national debt is now $35 trillion and growing by $1 trillion every 100 days!