"This argument carries some obvious implications for the next U.S. administration. First, as Sino-American rivalry heats up, winning will require more than tariffs, restrictions on Chinese students and high-tech firms, and bombastic speeches. It will also require preserving or regaining the lead in critical areas like artificial intelligence and 5G technology, which in turn means leveraging and incentivizing the impressive innovative capacity of U.S. firms and research institutions."
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