U.S.-China rivalry sharpens after Covid and AI as advanced hardware and power infrastructure rise

Recent stock markets are being influenced not only by macroeconomic indicators and corporate earnings but also more strongly by political, diplomatic and military factors. The original article examines the nature of the U.S.-China struggle for supremacy amid changes triggered by Covid and AI, explaining that advanced hardware and power infrastructure have emerged as key answers. It also notes that it has been rare to see wars occur as frequently as in the past few years, widening the range of market variables. Investors therefore need to monitor shifts in the international order and the foundations of strategic industries alongside the economy and earnings. Source: mk.co.kr