Now is the time to formulate an industrial strategy for China -- even at the cost of industry.
Now is the time to formulate an industrial strategy for China -- even at the cost of industry.
August 05, 2022
Now is the time to formulate an industrial strategy for China -- even at the cost of industry.
These recent developments reflect the trend of Airbus' broader engagement with China and the Chinese government, as well as Beijing's military civilian integration system. This entanglement highlights the tough struggle Washington faces in coordinating with its allies, including those in the European Union, to compete with Beijing. Airbus' footprint in China also clearly shows that if the United States and Europe want to compete effectively, they must recognize that today's international competition is industrial competition and industrial competition, and jointly respond accordingly.(Siemens 6ES7235-0KD22-0XA8 Analog I/O Module, Siemens 6SE7031-5EF84-1JC1 Control Module, Siemens 6ES7407-0RA02-0AA0 Power Supply)
It's not easy, but important things have always been like this. Leaders in Washington and Europe seem to agree that the global competition in the next 50 years will be an industrial competition; Now they need to drag their industrial base into the consensus.
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