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Home Business

How China Pulled So Far Ahead on Industrial Policy

26 May 2024
in Business
How China Pulled So Far Ahead on Industrial Policy
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Governments worldwide invested in alternative energy due to oil shortages and climate concerns. China leads clean-energy manufacturing with 85% of global investment, prompting the US and Europe to play catch-up. China’s dominance is backed by extensive state support and policies that other countries are now trying to replicate.

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