China’s state-led economic model is at the heart of Beijing’s conflict with Washington. Photo: AFP
China’s state-led economic model is at the heart of Beijing’s conflict with Washington. Photo: AFP

US-China tech war: state-led economy crucial to meet challenges of American sanctions, says prominent economist

  • China’s government will play a crucial role in the development of ‘chokehold technologies’, which America has weaponised, says economist Bai Chong-en
  • Combination of market forces and government direction to drive technology development important, but state-led approach could stifle innovation, Bai says

China’s state-led economic model is at the heart of Beijing’s conflict with Washington. Photo: AFP
China’s state-led economic model is at the heart of Beijing’s conflict with Washington. Photo: AFP
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