In recent years, fears have become widespread in the US that China's rise in industrial manufacturing and innovation will challenge America's leadership in advanced manufacturing. An important concern is that China's indigenous innovation policy gives rise to a model of state capitalism that unfairly favors domestic producers at the expense of foreign firms, undermining innovative capacity and competitiveness and harming the prosperity of business and workers.
China's Limited Role in Semiconductor Innovation
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China's Limited Role in Semiconductor Innovation
In recent years, fears have become widespread in the US that China's rise in industrial manufacturing and innovation will challenge America's leadership in advanced manufacturing. An important concern is that China's indigenous innovation policy gives rise to a model of state capitalism that unfairly favors domestic producers at the expense of foreign firms, undermining innovative capacity and competitiveness and harming the prosperity of business and workers.