According to a news article from the South China Morning Post, republished by Yahoo! Finance: “We think 2025 is the year the investing world realises China is outcompeting the rest of the world,” Deutsche Bank said on Wednesday in a report titled “China Eats the World“, seen by the Post.
By the end of 2024, China will be in the spotlight for rapidly rising to become the world’s leading exporter of automobiles, with a large number of feature-rich, attractive, and competitively priced electric vehicles flooding the global market.
In 2025, China launched the world’s first sixth-generation fighter jet and low-cost artificial intelligence system ‘DeepSeek’ within a week.
Marc Andreessen referred to the launch of ‘DeepSeek’ as AI’s ‘Sputnik moment’, but it is more like China’s ‘Sputnik moment’, marking the recognition of Chinese intellectual property rights. China’s performance in high value-added fields and dominance in supply chains is expanding at an unprecedented pace.
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‘DeepSeek’s’ emergence shatters the Western fantasy that it could contain China. The U.S. would be better off stimulating business development by lowering regulations, providing cheap energy, and lowering import barriers for intermediate products that cannot compete domestically.