China’s Industrial Policy and Semiconductors
China Global
00:00
The Continuity of Chinese Industrial Policy
Has China gone in a fundamentally new direction? I think that we need to recognize there's more continuity in Chinese approaches than is often the impression you get from much commentary today. The approach of seeking to combine, essentially, a command-style economy with free-market economics is still endorsed, officially, in Chinese policy statements. All of this is in line with a longstanding approach, which again, has been emphasized under Xi.
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