schwit1 writes: China and the United States are in a race to develop the newest, hottest technologies of the 21st century as a technological decoupling looms. But the effects won’t be felt equally — according to a new report from one of China’s most prestigious think tanks, a full-blown tech decoupling will be even worse for China in the end. The Peking University Institute of International and Strategic Studies (IISS) published its findings just days before the new year — China’s biggest holiday — and the beginning of the 2022 Beijing Olympics. The introspective report clashed with the festive vibes spreading across the country, as it concluded China will come out worse than the U.S. as tech competitions continue to escalate between the two nations. “Both the U.S. and China will lose from ‘decoupling,'” the researchers wrote. “And at this point, it looks like China’s loss may be greater.” The report was pulled from the internet within a few days of its publication, but by then, the text of the piece, titled, “U.S.-China Strategic Competition in Technology,” had already circulated widely on the Chinese internet. The IISS didn’t respond to Protocol’s request for comment.
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