EconomyCan the US compete with China's industrial machine? | The Dip Podcast

Western policymakers spent years warning about a new “China Shock” as Chinese exports poured into markets worldwide. Beijing is now promoting a different message: China should be viewed as an opportunity rather than a threat. Ahead of important discussions with Washington and Brussels, Chinese officials are defending a state-backed industrial strategy that has produced global leaders in electric vehicles, batteries and clean technology. Critics, however, say those policies distort competition and give Chinese industry an unfair advantage in global markets.