RE: https://aus.social/@oscarjiminy/116819559904262896
'technology transfers from the US in particular were absolutely critical to seeding the development of what became the industries that these countries were very famous for in subsequent decades. Now, what’s interesting about the cases of Japan, South Korea and Taiwan — and I think this is the big contrast with China, and this sets the stage for what makes China’s case so interesting and so important — is that in the case of Japan, South Korea and Taiwan, they were of course close cold war allies of the US'
#technologyTransfer #technology #competition #development
Quoting
'China has moved up the value chain. Its companies aren’t supplying basic components anymore. They are global brands in their own right, and western officials are looking on anxiously as Chinese batteries, cars and drones become increasingly sophisticated. Now, western policymakers are asking the same question their Chinese counterparts were asking years ago: We’d like to beat them. Should we be joining them?'
#china #internationalTrade #geopolitics #politicalEconomy
https://www.ft.com/content/6f535527-2d49-4a7c-9bb5-31bafef6bbfa?syn-25a6b1a6=1
Open quoted post