Browsing: Chinese economy

Unpacking the Shortcomings of ‘Made in China 2025’: What Went Wrong?

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