China Closes Gap with US in Quantum Tech: A New Era of Competition
2024-12-31
The Economist
The race for quantum supremacy is heating up as China rapidly catches up with the US in quantum technology. To protect its interests, the Chinese government closely guards its industry, restricting exports of related technologies and maintaining secrecy around its supply chain for components. Similarly, the US Treasury Department has imposed strict restrictions on American investment in China's quantum industry, signaling a new era of competition in this cutting-edge field. With both nations vying for dominance, the future of quantum computing and quantum technology hangs in the balance. Key players are watching closely as the US and China engage in a high-stakes game of technological one-upmanship.
