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Efforts by Washington and Beijing to promote the development of dual-use technologies such as 5G, artificial intelligence and quantum computing have become a core aspect of US-China strategic competition. Understanding what constitutes a “strategic” industry is critically important for both theoretical purposes as well as policymaking. Focusing on nuclear technology and the market for cybersecurity products in United States and China, this paper outlines the variables that shape government decisions to intervene via trade policy and investment rules in these markets.
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