Chinese Technological Development: A Giant with Feet of Clay?
The speaker will argue that China's remarkable record of economic growth over three decades conceals abiding weaknesses. High-tech exports from China are produced mostly by foreign subsidiaries and joint ventures, with the real high-tech operations taking place overseas. Drawing on recent research with Chinese colleagues, the speaker will explain the persisting weaknesses in Chinese industry, particularly in governance. He will argue that government policies, which favour a small minority of large state-owned firms, do not address the real problems. China will continue catching up in terms of productivity but, on its present course, will largely fail to break the 'technological blockade' created by foreign intellectual property.
The presentation will be made on the record. Q&A will be held under the Chatham House Rule.
For more information please contact Chloe Sageman.