Even as Beijing unleashes a multifront regulatory assault against consumer internet companies, it continues to shower subsidies and protection on manufacturers, writes Greg Ip.
It’s just basic logic really. You have to control tech and manufacturing in order to have sovereignty. Western economies that let corporations outsource this stuff are now held hostage by finance capital.
It’s just basic logic really. You have to control tech and manufacturing in order to have sovereignty. Western economies that let corporations outsource this stuff are now held hostage by finance capital.