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.