Is China a Bigger Threat to USA than Japan was in the 1980s? | David Woo

The US hegemony has faced only two serious economic challengers over the past 50 years: Japan in the 1980s and China today. Often forgotten these days is the fact that by the end of the 1980s, most Americans sawJapan's economy as posing a greater threat to the US than the Soviet military. What is in common between Japan then and China today. What else did they share other than their industrial policy and intellectual property strategy? How important was IP theft in winning the technology race and semiconductor war to escape the middle income trap? What are the similarities and differences between how the US responded to the rise of Japan and to China's challenge to the unipolar world today? On the eve of Blinken's visit to China, is China or artificial intellectual a bigger threat to the American economy? David Woo, a former top-ranked Wall Street global macro strategist tells it as it is. You may not agree with everything he says but he will make you reassess everything you thought you knew. In this video, he speaks to Scott Foster, a Stanford graduate and a tech analyst living in Japan since the 1970s to talk US Japan relations, US China rivalry, and the tech war.

Subscribe: https://www.youtube.com/c/DavidWooUnbound?sub_confirmation=1

Useful links:
• LinkedIn: https://www.linkedin.com/in/david-woo-1479a492/
• Twitter: https://twitter.com/Davidwoounbound
• Wikipedia: https://en.wikipedia.org/wiki/David_Woo
. RIWI-Unbound: https://riwi.com/compass-series

#technology #geopolitics #china