China Could Sell Trump the Brooklyn Bridge - News Summed Up

China Could Sell Trump the Brooklyn Bridge


In response to a more interdependent world, China is deepening its trade ties to all the fast-growing Asian markets around it through its “One Belt, One Road” project and its Asian Development Bank, while tightly controlling its own market. In technology, China has embarked on a plan called “Made in China 2025” that’s plowing government funds and research into commercializing 10 strategic industries while creating regulations and swiping intellectual property from abroad to make them all grow faster. While China is run by engineers, Trump doesn’t even have a science adviser. Nice going, Mr. President, China thanks you, because these countries will be much more vulnerable to Chinese economic pressure with our presence diminished. But China, with its ability to focus, is getting 90 percent out of its inferior system, and it has brought China a long way fast.


Source: New York Times November 15, 2017 02:15 UTC



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