The economic and military power of the US and its allies faces a crippling blow if China continues to lead key technology sectors, a new report warns.Microelectronics, artificial intelligence (AI), and 5G are "destiny-shaping technology" sectors for the US, the report by the Special Competitive Studies Project (SCSP), chaired by former Google chief executive Eric Schmidt, warns.But the US and its allies, including Australia, are risking ceding control of these technologies to China, the US think tank says.
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