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    tanya tussing (tanyatussing@mastodon.social)'s status on Tuesday, 28-May-2024 10:19:06 JSTtanya tussingtanya tussing
    • Jonathan Koomey

    So about that invisible hand...

    "The problem for the West... China’s industrial dominance is underpinned by decades of experience using... all the levers of government & banking, while encouraging frenetic competition among private companies."

    “In 2022, Beijing accounted for 85% of all clean-energy manufacturing investment in the world”

    How China Pulled So Far Ahead on Industrial Policy - Gift link:
    https://www.nytimes.com/2024/05/27/business/economy/china-us-tariffs.html?unlocked_article_code=1.vE0.sLyF.pRyVplaJUeg3&smid=url-share

    cc: @jgkoomey

    #PoliEcon #Climate #Economics

    In conversationabout a year ago from mastodon.socialpermalink

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    1. https://files.mastodon.social/media_attachments/files/112/513/382/691/252/090/original/e17165c392825c16.jpeg
    2. Domain not in remote thumbnail source whitelist: static01.nyt.com
      How China Pulled So Far Ahead on Industrial Policy
      from By Patricia Cohen, Keith Bradsher and Jim Tankersley
      The United States and Europe are trying to catch up to a rival skilled in using all the levers of government and banking to dominate global manufacturing.
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