Mises Wire
Author:
Mihai Macovei
Online Publish Date:
to preserve a long-term competitive edge. Yet, a deeper analysis shows that the US policy is rather meant to contain China’s overall technological and economic very well that it would most likely harm their profits and their capacity to innovate and maintain long-term global leadership . China’s Technological Progress large a lead as possible” in technology, because China’s advance in production and innovation capabilities has accelerated recently. Chinese companies have become very