Happenstance or manufacturing prowess? How China reached pole position in key businesses of future

News Snapshot:

As countries figure out how to deal with such dominance, it is important to understand whether China’s present dominance was happenstance, or merely reflective of an already acquired manufacturing prowess. How important was strategic foresight, or was the West simply caught napping? Amidst the debate on China’s slowdown and “China plus one” strategies, there is the danger of forgetting just how much China has locked itself into pole position on the key businesses of the next several decades — solar and wind energy, electric vehicles, batteries, newly-important materials, and (at some stage, perhaps) semiconductors. What is really an industrial coup...