https://www.bloomberg.com/view/articles/2017-10-18/who-has-t...
China, and eventually India, matching the United States will hopefully help increase R&D.
For example:
- Solar energy prices have dropped significantly because of China's investment.
- Nuclear energy is dead in the US but lives in China.
- AI - China will match the US, accelerating development
- Mass Transportation - High-speed rail, maglevs
- Electric vehicles - China has large EV quotas and they're the largest car market.