Neither Tariffs Nor Export Controls Will Stop China's Industrial Engine The world is abuzz about China's ascension to technological supremacy, but beneath the headlines lies a more profound reality: Beijing's industrial engine has been quietly scaling up mature technologies that drive modern economies.
Unlike the focus on cutting edge innovations like AI and semiconductors, China's true strength lies in its ability to manufacture, not just create.
The notion of "China shock" – first coined during the 1990s when cheap Chinese goods flooded global markets – has been revived with the rise of electric vehicles, batteries, solar panels, and other high tech industries.