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Fortune

Alan Murray, Orianna Rosa Royle

The superpower competition between the U.S. and China might be a draw

China Frank Wu United States

(Credit: Matt Anderson Photography—Getty Images)

Good morning.

If technology transformation and the energy transition are the two driving forces in business today, then the superpower competition between the U.S. and China could be deemed a draw. The U.S. has clearly taken the lead in the development of AI, but China dominates when it comes to producing the equipment needed for energy transformation.

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