> There is nothing that China wants to import, nothing it does not believe it can make better and cheaper, nothing for which it wants to rely on foreigners a single day longer than it has to. For now, to be sure, China is still a customer for semiconductors, software, commercial aircraft and the most sophisticated kinds of production machinery. But it is a customer like a resident doctor is a student. China is developing all of these goods. Soon it will make them, and export them, itself.
ZeroGravitas•2mo ago
"We have to cut the money going to the poor and tax the rich less and throw up protectionist barriers we've spent decades forcing other countries to remove because communism is so much better at making stuff" is quite a bold take from the FT.
rasz•2mo ago
Made in China 2025 might be the biggest manufacturing success story of this decade.
alecco•2mo ago
> There is nothing that China wants to import, nothing it does not believe it can make better and cheaper, nothing for which it wants to rely on foreigners a single day longer than it has to. For now, to be sure, China is still a customer for semiconductors, software, commercial aircraft and the most sophisticated kinds of production machinery. But it is a customer like a resident doctor is a student. China is developing all of these goods. Soon it will make them, and export them, itself.