US urged to follow China’s lead in treating data as an economic asset

As China deepens the commercialisation of its vast troves of data, the United States needs to develop its own national data strategy that treats data as an economic asset to better position itself to prevail in emerging technologies such as artificial intelligence and robotics, a key US congressional advisory body has said. In a report published on Tuesday, the US-China Economic and Security Review Commission (USCC) warned that the US risks ceding global leadership in setting global data...