China Month in Review: China’s $495 Billion R&D Boom: Are They Outpacing the U.S.?

As China expands its influence in technology, trade, and cybersecurity, tensions with Taiwan and global powers continue to escalate. Taiwan has seen an unprecedented surge in cyber-attacks, averaging 2.4 million daily incidents, with Chinese state-sponsored hackers targeting critical infrastructure. A severed submarine cable near Keelung Harbor further raises concerns about China’s covert tactics to disrupt Taiwan’s communications, reinforcing fears of an impending digital Cold War. Meanwhile, China continues to dominate AI and technology, with its R&D spending surpassing $495 billion in 2024. At CES 2025, Chinese tech giants like TCL and Hisense unveiled groundbreaking AI-driven innovations in smart home ecosystems. Additionally, China has expanded its global trade network with 23 new Free Trade Agreements, deepening its economic ties worldwide and solidifying its influence through the Regional Comprehensive Economic Partnership (RCEP). As the U.S. government debates banning TikTo...