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Other Tech News The latest community based technology news from across the globe. (If you aren't a community newsposter then use the "Submit News" section.)

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Old Apr 22, 2005, 03:53 PM   #1
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Default Post China closing the tech gap?

STANFORD, Calif.--China is rapidly becoming a major force in developing new technology, posing a significant economic threat to the United States.

Alternately, the authoritarian country faces key hurdles in its quest to transform into an innovator, including its lack of free speech.

Both arguments were made here on Thursday at a meeting of the U.S.-China Economic and Security Review Commission, a 12-member panel set up in 2000 to advise the U.S. Congress.

A group of Silicon Valley business leaders and academics from around the country gave varied accounts of China's high-technology development and how the United States should respond to maintain its tech leadership.

Former U.S. Secretary of Defense William Perry expressed doubts that China's rise as a tech powerhouse will carry over to it making its own breakthroughs. Perry, now a senior fellow at the Hoover Institution, told members of the commission that it appears China is not engaging in fundamental research and lacks a culture that encourages innovation.
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Read More/Source: C|Net Tech News
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