[HIGHLY RECOMMENDED] An insightful article from Der Spiegel:
The article focuses on critical issues:
“The world is
currently very interested in the economic issues associated with this claim.
Exactly how strong is China's economy? Will the country remain the
"workbench of the world," dependent on ideas and orders from the
West? Or will it manage to complete the jump to an innovative economy, one that
can compete in high-tech fields? And will this make the country, which is
mainly a buyer of high-quality German products at this point, a threat to
German industry?
China's ambitions as an industrialized nation are especially apparent in the three major areas of the transportation sector: the automobile, railroad and aviation industries. This is where it becomes evident how Beijing's planners are proceeding, what they have so far achieved and what setbacks they have already endured.”
China's ambitions as an industrialized nation are especially apparent in the three major areas of the transportation sector: the automobile, railroad and aviation industries. This is where it becomes evident how Beijing's planners are proceeding, what they have so far achieved and what setbacks they have already endured.”