Seeking to become a dominant force in global high-tech manufacturing, the Chinese government launched what’s being called “Made in China 2025.” By using subsidies, mobilizing state-owned enterprises, and pursuing intellectual property acquisition, the program aims to catch up with, and then surpass, western technological prowess in advanced industries. However, Washington argues that the policy relies […]
China’ economic emergence mirror’s America’s rise and how it was perceived by Britain at the height of the industrial revolution more than a century ago.
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