The Real China Model
Adecade ago, planners in Beijing unveiled Made in China 2025, an ambitious scheme to take leadership of the industries of the future. The plan identified ten sectors for investment, including energy, semiconductors, industrial automation, and high-tech materials. It aimed to upgrade China’s manufacturing in these sectors and others, reduce the country’s dependence on imports and […]
EU to Vote on Tariff Hike for Chinese EVs as Germany Fears Retaliation
Vienna —The European Union is set to vote Friday on a massive tariff increase on Chinese electric vehicles that Germany fears could spark a trade war with Beijing. Reuters reported Wednesday that the measure already has enough votes to pass, with support from France, Greece, Italy and Poland, whose populations make up 39% of the […]