HASC chairman: U.S. must accept competition with China, not aim for dominance

The U.S. should forge a realistic plan to compete with China in developing new technologies and move away from trying to dominate or rein in the country’s rise, House Armed Services Committee Chairman Adam Smith (D-WA) said on Monday. “There’s going to be peer competitors and we’re going to spend ourselves into the ground if we try to imagine that China can’t ever become a peer with us,” Smith said during a webinar hosted by the Information Technology and Innovation...