A Twist in the U.S. Tariff Battle: ‘It’s
Helping China Be More Competitive’
China’s brain drain to the US is ending
China Is Overtaking the U.S. in Scientific Research
https://www.bloomberg.com/view/articles/2018-09-12/chinese-researchers-are-outperforming-americans-in-science
Misunderstanding China - Trump’s Trade War Is Just Fine with Xi Jinping
Michael Schuman notes:
“Of the many misperceptions driving Donald Trump’s trade policy, this may be the most dangerous: China isn’t desperate to maintain its interdependent relationship with the U.S. Rather, it’s a national objective to become more economically independent. That’s a quite different China than the one in Trump’s imagination. …
In real life, Trump’s tariffs are unlikely to inflict enough pain on China to compel Xi to make concessions. Its huge domestic market is becoming more important to Chinese growth. But beyond even that, Beijing’s entire economic strategy is designed to replace critical foreign technology and products with homegrown alternatives it can control. Simply, the Communist Party prefers Chinese to buy Xiaomi phones and Geely cars, not iPhones and Buicks.”
Evolution of Shenzhen
Shenzhen – Transformation of a fishing village in to the skyscraper capital of China