From WSJopinion: After the Sputnik launch, the U.S. invested billions in science and innovation. Beijing is trying to follow that example now, writes davidpgoldman.
ByChina thinks that power is the arbiter of world affairs, and that technology is power. That’s something it learned from Ronald Reagan. He won the Cold War with a military buildup that catalyzed an economic revolution.
Military research and development produced countless inventions of the Digital Age, from fast and cheap microchips to the internet. The Soviet Union folded in the face of America’s superior arms and entrepreneurial growth. China watched and learned.
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