"China's Bold Industrial Strategy: A Glimpse into the Future"
TL;DR
China has surged ahead in global manufacturing, particularly in clean energy, by leveraging government and banking power, and fostering competition among private companies. The U.S. and Europe are now trying to catch up by investing heavily in domestic industries and blocking Chinese products, but China's decades of experience and infrastructure investments give it a significant advantage.
Topics:businessglobal-economy#china#clean-energy#global-competition#global-economy#industrial-policy#manufacturing
- How China Pulled So Far Ahead on Industrial Policy The New York Times
- Opinion: China's risky industrial gamble might end the way of the Soviet Union The Globe and Mail
- West stuck in present while China sees the future sundaymail.co.zw
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