Odd Lots Big Take Asia: The US Pledged to Contain China’s Tech Ambitions. It’s Not Working.
5 snips
Nov 1, 2024 Rebecca Choong Wilkins, a Bloomberg News correspondent with expertise in Asian government and politics, dives into China's ambitious 'Made in China 2025' initiative. She discusses how China is thriving in key technologies like solar power and electric vehicles, despite U.S. containment efforts. The conversation shifts to the evolving U.S.-China trade dynamics and military considerations, exploring how upcoming presidential elections could reshape strategies. Wilkins also presents a fresh 'suction' strategy for leveraging Chinese innovation to boost U.S. competitiveness.
AI Snips
Chapters
Transcript
Episode notes
China's Dual Focus
- China's "Made in China 2025" plan aims for self-sufficiency and global tech leadership.
- This dual focus addresses both domestic security and international competitiveness.
China's Tech Leadership
- China has become a global leader in sectors like solar panels, drones, and electric vehicles.
- This achievement is largely attributed to the "Made in China 2025" plan.
Semiconductor Gap
- Despite advances, China lags behind the U.S. in advanced semiconductors.
- U.S. export controls and sanctions have hindered China's progress in this area.