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China's dominance is nuts
source · ft.com ↗keep reading — 1 min ↗This is not just happening in the automotive industry. In biotech, western pharmaceutical companies are signing billions of dollars in licensing deals to access intellectual property from Chinese drugmakers, reaching $41.5bn in 2024. In robotics, American start-ups are building with Chinese hardware platforms, such as Unitree’s nimble G1 humanoid robot. In AI, Chinese open-source models such as Alibaba’s Qwen series are being…