China will win quantum computing race unless West ups its game

Lack of focus on transformative technology comes at peril

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U.S. President Joe Biden stands near an IBM System One quantum computer in Poughkeepsie, New York, in October 2022: Governments should act to catalyze private investment, not replace it. © AP

Rob Jesudason is chief executive and founding partner of Serendipity Capital, an investment group based in Singapore focused on the financial services industry, technology and climate-focused businesses.

NASA's launch of its first Artemis rocket from Florida two months ago officially ignited a new phase in the global space race. The successor to the Apollo program, Artemis aims to take Americans back to the moon before China lands its first astronauts on the lunar surface.

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