Browsing: China manufacturing

Exclusive: Treasury Secretary tells “Pod Force One” that China’s 30% share of global manufacturing is “too high” and warns it “can’t go any higher,” underscoring rising U.S. concerns over supply chain dependence, the New York Post reports

China’s bold “Made in China 2025” initiative set out to revolutionize the nation’s manufacturing capabilities, yet it has drawn scrutiny for its heavy dependence on state backing and a lack of groundbreaking innovation. As the world evolves, experts are calling for a more flexible strategy that can keep pace with these dynamic changes