How China's Innovation Mercantilism Threatens High-Tech Industries

November 01, 2017

It’s important to recognize that China’s objective is to become competitive across virtually all advanced-technology industries--and that the techniques China is using to become so pose a direct, and even existential, threat to America’s high-tech industries and those of foreign counterparts. China’s economic development policy has fundamentally evolved over the past decade and a half from a foreign direct investment (FDI) attraction strategy to an indigenous innovation strategy.