Braking Down The News

China’s Industrial Planning Evolves, Stirring U.S. Concerns

Beijing is catching up through technology investments in research with industrial applications, echoing American strategy

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For decades, China pursued a brand of centrally planned economic policies that the U.S. was happy to stand back and watch.

But a subtle yet critical recalibration by Beijing begun almost 15 years ago has recently set off alarms in Washington about China’s goals and tactics—not least because China is catching up in many cases by adopting past U.S. approaches.

 

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