'Mind the Gap' - How the West can keep up with China

Time grows short. In the race for technological dominance in the world, citizens of many Western countries already see the People's Republic of China as the victor. Because this leading position simultaneously leads to political strength, North America and Europe should quickly join forces. A report by the Munich Security Conference, jointly prepared by Berlin-based research institute Merics and the US think tank Aspen Strategy Group, analyzes its core tasks necessary for a revitalization of transatlantic relations. The paper clearly shows, that there is much work to be done to make up for the failures of the recent past.