Pictet Asset Management

A New World Order: the Sino-US Battle for Tech Supremacy


Autor: Meritxell Sedo

  1. Just as the US-Soviet space race in the 1970s led to numerous scientific and engineering breakthroughs, competition between the US and China could deliver a renewed burst of technological progress
  2. If China and the US find a way to co-exist as global tech powers, the next decade promises genuinely exciting technological advances
  3. To capitalise on tech’s long-term growth potential they will need to look further afield. Investors should cast their net beyond the familiar – and increasingly expensive – companies in Silicon Valley and allocate more of their capital to rapidly growing businesses in other hotspots, such as Asia