CNBC's The China Connection newsletter: U.S.-China tech rivalry heats up—in othe

Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a snapshot of what I'm seeing and hearing from local businesses.

As more Chinese tech companies set their sights on global users, competition with the U.S. enters a new phase.

From data centers to artificial intelligence applications, Chinese companies are expanding rapidly outside their home market, just as American firms race to do the same.

"US tech investors need to keep a very close eye on the growing competition from China tech because as we've seen, many Chinese companies first prioritize market share over profit margins," market strategist Peter Boockvar wrote on June 24.

Launching low-cost AI models with capabilities that rival American-made ones was only the first step.

Next is industrial integration. It's a sign that price and functionality will increasingly matter as economic competition expands globally — clearly illustrated by events over the past week.

The use of AI in manufacturing is going to create more jobs and opportunities "not only here in China, but also outside of China, where a lot of companies will leverage Chinese technology," Mohamed Kande, glob

Fuente original: CNBC Top News (https://www.cnbc.com/2026/06/29/cnbcs-the-china-connection-newsletter-us-tech-rivalry-heats-up.html)