China’s hybrid “state capitalist” system, driven by centralized planning and fierce competition, has led to dominance in critical technological fields and emerging markets. Western multinational corporations are advised to adopt a pragmatic approach to capitalize on four key strengths of China’s economy: its innovation ecosystem, its investment in the Global South, its ultra-competitive markets, and its vast consumer base. Those who fail to engage risk losing global revenue and strategic opportunities.
The 4 Key Strengths of China’s Economy — and What They Mean for Multinational Companies
Tag: engines
$14M engine of US Air Force F-35 destroyed after engineer left flashlight inside it before test run
A $14 million fighter jet engine was irreparably damaged after an engineer left a flashlight inside the engine, sealed it up and turned it on, a military investigation has revealed.
$14M engine of US Air Force F-35 destroyed after engineer left flashlight inside it before test run
‘We can de-risk but not decouple’ from China, says Raytheon chief
Head of aerospace and defence group says western manufacturers will find it impossible to completely cut ties
‘We can de-risk but not decouple’ from China, says Raytheon chief
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Aerojet gets $215 million to boost production of solid rocket motors used in weapons for Ukraine
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