Like China’s accession to the WTO in 2001, the country’s new strategy for achieving economic self-reliance will challenge the West. It demands a different set of responses than the old one did.
A Volkswagen employee in a Foshan plant. Leonard argues that China hopes “new rules on data, research and development, and standards will force prominent Western companies to acquire Chinese characteristics.” Credit: Volkswagen
Some months ago, the Chinese authorities approached some of the biggest foreign companies in the country and asked them to tap a representative to participate in a small closed-door gathering on China’s new economic strategy. The meeting was to be with a senior official at an undisclosed time and location, and, according to two people with direct knowledge of the matter who insisted on anonymity to discuss it, companies were asked to send only ethnic Chinese representatives. In both content an
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The former Biden official and China scholar makes the case for the previous administration's approach and discusses why Beijing is content to watch the U.S. now dismantle its sources of strength
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