China's State-led Industrial Policy: Risks and Warnings

Friday, 15 March 2024, 12:00

China's state-led industrial policy, focused on strategic industries like alternative energy, raises concern among Beijing advisers for potential detrimental effects. While injecting funds has boosted China's global competitiveness, internal experts caution about emerging cracks in the system.
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China's State-led Industrial Policy: Risks and Warnings

Is China on a Risky Industrial Path?

Beijing's state-led industrial policy, particularly in alternative energy, is drawing warnings from domestic experts for its potential negative outcomes.

Implications for International Competition

China's focus on strategic industries has enhanced its global competitiveness. However, concerns about cracks appearing in the system are surfacing.

  • Advisers in Beijing warn about detrimental implications.
  • Experts raise questions about the sustainability of the policy.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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