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The West still leads in overall R&D. Even TSMC advanced nodes ultimately rely on western equipment and technology. New advancements in AI and vaccines were western as well.

China has made impressive bounds in R&D but still lags in many fields of scientific research. Much of their research output is derivative in my experience of reading a fair bit of research articles in several fields.

However China does lead in many fields of manufacturing. The western countries are far behind in there. That is important in terms of global leadership in renewable energy.




There is a big difference between "leads" and "dominates".




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