Industrial policy

What factors enabled China to dominate so many critical industries?

Did China really ask Western companies to transfer technology in return for market access—and is that why China is so dominant today? Yes, the “market access for technology” pattern was real in important parts of China’s rise—especially from the 1990s through the 2010s, when foreign firms often needed joint ventures, licenses, or approvals to operate in China in sensitive sectors. U.S. government findings around the Section…