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The United States and China both have various strategic goals that rely on the application of the different powers each possess. Both states have identified economic prosperity as vitally important to its national security. In the current globalized modern world, technological superiority is a major component of both economic and national security. This study explores the connection between economic power and technology security by expanding on the existing body of scholarly literature on the theory of economic power. This study focused on the use of three economic tools by the United States and China: (1) Trade policy, (2) Investment policy, (3) foreign aid and how each tool was able to achieve certain objectives related to technology security. This study also shows the versatility of economic power in its ability to cause various effects depending on the goals of the state.