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

By DW News

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For years, Western policymakers warned about a new "China Shock" as Chinese exports flooded global markets. Now Beijing is pushing back with a new message: stop seeing China as a threat and start seeing it as an opportunity. As Chinese officials prepare for crucial talks with Washington and Brussels, they're defending a state-backed industrial strategy that has helped create global leaders in electric vehicles, batteries and clean technology. Critics argue those same policies distort competition, suppress rivals and risk hollowing out manufacturing elsewhere. This week on The Dip, we'll be looking at the specific products that China is propping up and what this means for consumers, workers and governments around the world. We'll ask the bigger question: should governments actively create industrial champions, or is China proving that free-market rules were never enough to win the global race? Chapters: 00:00 Introduction: China Doubles Down on its economic model 00:49 Meet the Gues

Tags: DW News