China's Got More Competition Now as Info-Tech Exporter to the U.S.
A Chinese national flag flies in Shanghai.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
China’s still ahead of the pack as a supplier of information technology to the U.S., but the gap is starting to narrow.
Equipment that can process data faster and in larger volumes is key to innovation and productivity. The U.S. has been getting more of it from China than the next eight biggest exporters combined. But the latest data suggests that won’t be the case for long, as the U.S.-China trade war drags on.